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Steve Auger
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Steve Auger has been trading stocks, commodities and options for over 25 years and runs the website http://www.stockmarketstudent.com. After graduating from the University of Waterloo in 1981 with a Bachelor of Applied Science, he has been employed most of his career working on space and... More
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Stock Market Student
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Stock Market Student
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  • Found My Weakness

    When the stock market opened this morning I was totally focused on unloading GME, hopefully with a small profit. Well, lo and behold, GME opened up and I watched it climb up to $33.57, but only for a microsecond then started its slow descent. I had ample opportunity to unload this stock but I stood staring at it as it declined into the red for the day. Well this is (one of)​ my weakness(es), not sticking to my game plan.

    [More]

    Disclosure: I am long SCTY, UNXL, DUST, NUGT, FXEN, GME, MYGN, WLT.

    Additional disclosure: Covered calls

    May 28 10:34 PM | Link | Comment!
  • Feel Like I Shouldn't Have Gotten Out Of Bed

    The stock market started out on a real downer and a couple of my trades went sour today. But by the end of the day I was only $100 down and I'm in a good position for next week (I believe).​

    [More]

    Disclosure: I am long SCTY, UNXL, DUST, NUGT, FXEN, GME.

    Additional disclosure: some are covered calls

    May 24 9:35 PM | Link | Comment!
  • Finally A Good Day

    My existing covered call positions were up about $600 today​ while my day's trading activity broke even. The majority of the profits were in the first two covered call positions involving SCTY and UNXL. SCTY rose 5% today, putting this covered call solidly in the black.

    [More]

    Disclosure: I am long SCTY, UNXL, DUST, NUGT, FXEN.

    Additional disclosure: covered calls

    May 23 10:41 PM | Link | Comment!
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