Weekly Trading Roundup For Third Week Of March

Hopefully everyone is having a good weekend break from the markets. After last week’s market action we’re sure enjoying a little reprieve. Most of the week was spent in recovery mode, with US indices regaining all of their lost ground from last week. In fact by Friday we were even flirting with the previous highs, only to pull back very sharply once it reached those levels on Friday. It was still a pretty good week for broad market indices, and it puts us right back into “wait and see” mode. If we can break through those highs great, we’re on board with the bulls. But we have serious doubts about that outcome.

weekly s&p500 index chart third week march

The markets themselves certainly performed much better than we did this week. If it hadn’t been for Friday’s profits it would have been a downright terrible week. Instead it was “merely” our worst week in two months. But that sounds worse than it really is because it has been a pretty good two months. And barring a disaster next week it will still end up being a reasonably profitable month overall. We shall see. But first we have to get this week out-of-the-way so let’s get to it.

Monday, March 17th Trades Summary

Daily Trades Made: Eight (8) Standard High/Low Contracts
Trade Outcomes: Four (4) ITM + Four (4) OTM
Total Amount Invested: $800.00
Total Returns Received: $702.00
Total Daily Profit/Loss: -$98.00 Total Daily Loss
Daily ROI:
 -12.25% Daily ROI
Monday – 3/17 Journal Entry

daily goptions investment history totals for 3-17-2014

Tuesday, March 18th Trades Summary

Trades Entered: Eight (8) Standard High/Low + One (1) Ladder Option
Trade Outcomes:
 Four (4) ITM + Four (4) OTM + (1) ITM Ladder
Total Investments: $825.00
Total Returns Received: $822.70
Total Daily Profit/Loss: A Whopping -$2.30 Daily Loss
Daily ROI: -0.02% Daily ROI
Tuesday – 3/18 Journal Entry

daily investment history totals for 3-18-2014

Wednesday, March 19th Trades Summary

There were no trades made for Tuesday, March the 19th.

Thursday, March 20th Trades Summary

Trades Entered: Four (4) High/Low + Two (2) Ladder Options
Standard Trade Outcomes:
 Two (2) ITM + Two (2) OTM
Ladder Trade Outcomes: One (1) ITM + One (1) TIE
Total Investments: $475.00
Total Returns Received: $461.55
Total Daily Profit/Loss: -$13.45 Daily Loss
Daily ROI: -2.8% Daily ROI
Thursday – 3/20 Journal Entry

daily goptions investment history totals 3-20-2014

Friday, March 21st Trades Summary

Trades Entered: Four (4) Standard High/Low
Standard Trade Outcomes:
 Three (3) ITM + One (1) OTM
Total Investments: $400.00
Total Returns Received: $528.00
Total Daily Profit/Loss: +$128.00 Daily Profit
Daily ROI: +32.0% Daily ROI
Friday – 3/21 Journal Entry

goptions daily investments history totals for 3-21-2014

Weekly Binary Options Trading Roundup

Trades Made: Twenty-Four (24) High/Low + Three (3) Ladder Option
High/Low Trade Outcomes:
 Thirteen (13) ITM + Eleven (11) OTM
Ladder Option Outcomes: Two (2) ITM + One (1) TIE
Total Weekly Investments: $2,500
Weekly Returns Received: $2,514.25
Net Weekly Profit/Loss: +$14.25 – WhooHoo!!!
Weekly ROI: +0.57% Return On Investment

Well now, that’s actually a surprise. We had thought we were slightly in the red for the week, not the other way around. Not that it really matters all that much either way. We’re talking a difference of maybe $50 tops. But at least we can say that our winning streak is still going, at 7 weeks of positive returns in a row. Still, hopefully next week goes better than this one did as it was a real struggle just to break even. Personally, we’re going to be looking for, and hoping for a pullback next week for US indices. Only because that is the most “tradable” outcome we could get. If indices start a sharp pullback from here it will be childs play to reap some considerable profits from that using binary options. Again, we shall see. See you next week, and stay safe out there!

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BinaryBoss

Jason--AKA "BinaryBoss"--is a graduate of WSU with a degree in economics with a financial markets focus. In 2009 Jason left his job with Microsoft in his home state of Washington to pursue a life of self-employment.

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