Archive for September, 2007

1kportfolio MOVED!

September 26, 2007

Please go to http://www.1kportfolio.com/

We’ve got a brand new shiny domain and webhost. 🙂

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It’s on.

September 18, 2007

Ok. Got the account going a couple of weeks ago. The first ACH transfer of the $1000 did NOT go through as planned. Something wrong with addresses. Threw a wrench into the plans but at least I know Trade King is making sure to watch out for fraud. (It turns out the street address of the Trade King account has to match the address listed for the Bank account.) Thanks to TK Customer Support. After that was corrected, I re-submitted the ACH transfer and it went through fine.

A couple of days later, as I tried to make my first trade on a put option for LEN, I realized I could not. I called up TK Customer Support again and found that I need to get the waiver signed and faxed in. (I thought it was already assumed in the sign up process.) Oh well, That got taken care of quick.

Through out that time, the month ended and I got an interest payment! haha. A whole $0.09, baby! Which brings the account up to $1000.09! Ok, I’ll stop. Seriously though.I’ll start off slow.

I do have an option order for QQQQ going. (I’ll let you know if it’s a call or put later after the trade).

Today’s market is fanastic in a one way and not in another. I was actually hoping for the Fed to hold steady on the rate so the market would likely go down — due to the already inflated expectations of a cut. Then pick up a few LEAPs. However, that strategy fell through. Although I’m glad the cuts helped my other accounts (where I’m long on everything), it didn’t help with this portfolio.

Time to rethink strategy again… stay tuned.

Current balance: $1000.09