Life Time Totals

I trade, I play poker, I gamble, I bet on sports, I play golf, here are my life time totals (since 2004):

  • Trading:+$67,285
  • Poker: +$22,411
  • Casino: -$7,221
  • Sportsbetting: -$6,561
...

Boogster's Blog
natural-gas-seasonality-ung

Okay, I’m not going to miss the boat on this trade.  So, check these averages for buying Natural Gas in February, as listed in the 2012 Stock Trader’s Almanac: I don’t normally use the Stock Trader’s Almanac, but an old coworker put me onto it about 5-6 years ago.  The biggest thing that I took away from the Almanac is the seasonality / cyclical trends.  Basically, the idea is that certain sectors do better than other sectors during the year. …

boogster says:
Yeah, I’m gonna get like 4000-5000 shares. First buy will be at 10am on... more
offtheglasstrading says:
I see, the E means End of month and B means Beginning. Looks like I have to... more

2011 was a good year on most fronts.  My business did pretty good, my secondary incomes did pretty good, I beat the S&P, my golf game improved a little bit, made some money playing live and online poker, and didn’t lose that much in sportsbetting and casino play.  Of course, there’s always room for improvement, but overall, I was happy with how the year ended. Most people who have been reading this blog for a while now, know that my …

offtheglasstrading says:
That may be a better idea. Your system proves that. $120 loss is much better... more
boogster says:
I just sold out of my UNG at $5.22 for about a $120 loss. I will wait until... more

December 21sttop comments

Man, it’s been over a month since my last update. I guess I’ve been pretty busy since then. What’s happened since then? Watched the entire season 3 of American Pickers Watched the seasons 1, 2, 3 of The League Turned 35 years old Made it to the finals of my Fantasy Football league Played 8 rounds of golf Worked pretty hard on my gift exchange site Did a lot of Christmas shopping I guess it doesn’t seem like much after …

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November 17thtop comments

Oh man, it’s been a long time since I posted a blog.  Mainly because the stock market has shot higher, with the exception of the stocks that I sold in my last post.  Since I sold my UNG (natty gas etf), it’s gone down over 15% or $1,500 because I had 1,500 shares short.  Also ETFC, Etrade Bank, has gone down over 2 points, or 20%.  I had 1,000 shares…that’s another $2k. Ugghh. Here’s what I’m holding now: -750 SBUX …

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Sold Everything, Except SBUX and BBY

I just sold out of everything except my BBY and SBUX shorts.  SBUX reports earnings after the close today.  I am short 750 shares of the stock and own 5 Jan 2012 $45 puts.  I stand to get my ass lit on fire if Starbucks reports good earnings, but I am prepared for it.  BBY, I am still short 400 shares of the stock, and own 3 Jan 2012 $40 puts.  I’m not too worried about that one because I …

 

Blue Horseshoe Loves NFLX and Banks

netflix-app-logo

Pure gambling, but I’m gonna get 100 shares of NFLX at the close today.  It’s trading near $76 right now, down $42 or 35% on the day. Pretty sick. Also, looks like the banks are going to be in play over the next 6-18 months.  I’ll be buying shares of Bank of America (BAC), Wells Fargo (WFC), and UYG (financials ETF) over the next few months.  Gonna scale in, so that I won’t have to time the market.  Looking to …

 

And just like that…

Let’s start with the good news.  I finished the Army Ten Miler in 1:15:53, slower than my best 10-miler time of 1:14:14 (7:26 minutes/mile), but 3 1/2 minutes faster than my best ATM finish at 1:19:34 (7:57 minutes/mile).  I tried, but I just couldn’t do it.  To be honest, I probably should’ve planned it out a little bit instead of just leaving it up to guesswork.  I ran the first mile in 6:45, then I kinda just tried to push …

 

Golf, Steve Jobs, Portfolio, Starbucks, Army Ten Miler…

ArmyTenMilerLogo-small1

So, after posting my best round ever at South Riding (81), I shot a  92 from the whites at Pleasant Valley, 100 from the whites at Tantallon Golf Club, and 107 at Augustine blues.  F me.  I don’t know where my swing went, but it’s gone.  That’s golf.  It comes, it goes, then it comes back…I mean, look at Tiger.  My problem is that I’m never content with my swing…I always want to make it better…more on plane, more lag, …

 

Market selling off…

Best Buy (BBY) made a new 52 week low today.  Starbucks (SBUX) is finally coming down to earth, trading around $36-$37 area.  I made a few moves to my portfolio over the past few trading days: -750 SBUX at $32.88 -400 BBY at $36.49 5 BBY Jan 2012 $40 puts at $9.00 5 SBUX Jan 2012 $45 puts at $9.30 150 SLV at $38.57 6 SLV Jan 2012 $30 Calls $6.99 -500 UNG at $9.23 Actually, I guess I just …

 

Short sale of a stock is always taxed as short term capital gains

short-sale-stock-short-term-capital-gains

I didn’t realize this, but it doesn’t matter how long you’ve held a stock for…if you sell a stock short, then it will always be taxed as a short term capital gain.     I thought Ameritrade had made a mistake at first, but then I did some researching, and it looks like it’s true.  Also, if there is a dividend, you’ll have to pay the dividend to the person who you borrowed the stock from.  Usually, it’ll be noted …

 

About to Gloat, but…

I was just about to write a post about how my pair trades were doing, and then I thought to myself…what always happens when I write a post about trade?  Well, my positions go south.  So, to pre-empt the south-ness, I decided to fight fire with fire, and sold/covered all of my pair trades. Covered 1900 SIRI @ $1.71 for +$220 Covered 307 ETFC @ $9.62 for +$543 Sold 349 P @ $12.20 for +$757 Sold 240 AMTD @ $14.95 …

 

Best Golf Round; Portfolio Update; FTP “Ponzi Scheme”

I took a two week break from golf due to the crazy amounts of rain, and one week vacation to the outer banks.  I ended up going to the range on Monday, and then playing Wednesday at South Riding.  Up until this last round, I’ve been struggling, shooting in the 90s, and even 100, but golf is such a no-rhyme-or-reason game, so…I shot an 81 yesterday.  40 on the front nine and 41 on the back nine.  The biggest thing …

 
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