Really have a bad year on 2008, which I should not have. Let's conclude 2008 my US stock journey.
Early 2008, start setting up Bear Call Spread on SPY, which give me 10-20% each month. However, I do buy some options, which wipe out my profit slowly.
My option strategy vary in whole year. At first, I do screen base on STS. Earn and lost, earn and lost, end up lost a bit. A big lost occur during I trade MRO, due to did not cut lost. Then I change the strategy to guessing earning call. I really have no talent on this strategy, end up mostly lost trade. Earn more than 150% at MUR, and 450% at NOV. But all my earning lost in DRYS, which end up worthless.
My portfolio almost empty at this point, pump in fresh money. Again same, earn on credit spread, lost in normal options. Market drop after Lehman brother fail, drop for 7 days consecusly, and I jump in on 3rd day, buy AIG, C and DRYS.
C nearly collapse on Nov, which drag my money in more. I write C put options. After rebounding with US government injection, I decide to pull out all, to avoid putting too much of my portfolio into risk.
Conclude result for 2008, lost 41% of my portfolio. No more any open position.
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