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Friday, October 10, 2008

Nab Those Profits!

"The self-anointed media elite among us believe, somewhat self-servingly, that not only the act, or process of making a profit is positively sinister, but also that the very desire to do so is." - Lachlan Murdoch


Ok, recorded this some time ago on BlogTV

When I mentioned CRBC trade? I also talked about picking up some e-mini S&P 500 Puts as a hedge ... (Video Included)



I'm wondering if I should have said to let those puts ride. But profit is profit eh?

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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