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Tuesday 11 December 2007

Dec 11 $2,500 on 28c and 700 shares




I was short pre-FOMC announcement. And it payed off. However I lost a potential $5-10k, by having pre-set BUY limit orders. I didn't expect ER2 to move down 18pts so quickly. I should have held onto some contracts. However, I'm just glad the day is over, because I was trading like crap before the announcement, and FOMC days are tricky to trade, so I've decided to stop trading and lock in my profits.

Net P/L= $2,500 on 28c and 700 shares

Update:
I'm so dissappointed I didn't hold that trade, $10-20k opportunity thrown down the drawn from not following trade signals. Who would've thought the market was going to tank this hard. Dam it.

F@#K YOU MR. MARKET.

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