Fast_Money: OPTION TRADING

Sunday, October 30, 2011

OPTION TRADING

Wow what a week. The SPY appears to be strong and bullish we could have a dip or even move sideways, but expectations are still bullish. Please be aware of and watch for a pullback.

My Wednesday trades both proved wrong and I lost money not as much as I could have if I had not been applying my management rules. Could have lost a lot more or even a little less but I just can not sit all day watching and waiting for the mkts to get favorable. The advantages of rule trading is you know in advance what to expect. On Thursdays trade, although profitable out I applied my trading rules and was stopped out for a loss. My bad week 3 losing trades. Over all for the month still doing very well, for the quarter and year excellent.

How did you do? Please email me and let me know

CREDIT SPRED RESULTS using FIRST 60 MINUTES OF TRADING - https://docs.google.com/spreadsheet/ccc?key=0Aj-gjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ

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I hope you will learn from my years experience as a professional trader.

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Fast_Money

Sunday, October 30, 2011

OPTION TRADING

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