My Path to Millions

Entries tagged as ‘Discipline’

ALL

June 5, 2008 · Leave a Comment

I broke one of the rules when I sold ALL… although I should wait for the stock to cross $52 before I know I am definitely wrong, that would cost me a lot because I sold too far below $52…. so now I can only pray that it does not go above $51.50….. or should I get out now? This month results kinda suck…. and I hate it that I missed SUN…..

Categories: Options Trading
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SUN

June 4, 2008 · Leave a Comment

I was soooooooooooooo close to selling SUN… when I first entered the order, I could sell it at $1… however, I hesitated and checked the charts again… when I returned to the trade screen a while later, it was selling at $0.95… after that, the price kept going down… now at $0.85…..

Sun is such a ‘good catch’… I was willing to sell it before the close of the day… cos its zig zag is so neat… and it hit the 50 Day MA…. and the 13 Month MA was clearly trending down…. one of those dream trades….. sigh….

Categories: Options Trading
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