My tally so far!
Total Trades-3
Wins -3
Loss-0
Today is a hard day to trade …I am not sure which way will it go…Last day to trade May options ..( Rule : never trade in the expiring week.)
Premarket …very strong upward trend….all the economic news really didn’t show anything positive…it just said things are not getting worse!yet the momentum was strong upward!
Dow is expected to open 100 points up….so I may be better off trading 86 PUT….but I cannot hold …..Beyond my 3PM deadline!...so…well broke some rules yet saved my skin with a meager profit of 21
Now what did I do
Time Event Message
9:34:24 Executed Bought 1 +DAVQH at 1.92
9:42:23 Executed Bought 1 +DAVQH at 1.85
9:53:43 Executed Bought 1 +DAVQH at 1.70
10:03:03 Executed Sold 2 +DAVQH at 1.87
10:12:27 Executed Sold 1 +DAVQH at 2.00
As you may notice I had to hold till 3:12 PM to sell …I had to sell before I go to school to pick up the kids especially on a Friday! The option went upto 2.29 and went back to a low 1.67…but I was happy with what I could manage!
Managed to get out with a $21 profit….
Glad its weekend no trading for two days!
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