Jun 10

option trading log Jun 2016 $936

No option trading at all in May 2016. But made up some lost grounds in the first 10 days of June 2016. This is what options trading in Malaysia can do! Yeah, making up lost grounds. Well, I was just joking. Ones need to be patient and not overly excited when sitting of the trading screen. Don’t let emotions take over, that’s trading psychology 101. That being said, emotions and eagerness did come into me resulting a losing trade. Instead of buying, idiotically transmitted a Sell order. Stupid!

Anyway, 3 wins and 1 loss in the first 10 days of June. OK, just 75% winning rate, but profit amounts look “sizeable”, at least to me!

20160601-IB 20160609-IB 20160610-IB

 

 

 

 

 

 

Jun 10

option trading log Apr 2016 $83

And only 1 pathetic trade in the whole of April 2016. Fortunately, it was a winning trade.

20160421-IB

 

 

 

Jun 10

option trading log Mar 2016 $491

Mar 2016 trades, 7 trades altogether, 6 wins 1 loss. Not perfect afterall.

20160303-IB 20160309-IB 20160317-IB 20160324-IB 20160330-IB 20160331-IB

 

 

 

Jun 10

option trading log Feb 2016 $510

It has been some time since I posted on full time trader blog. Hope to be more active trading options now on. But, here’s my trades from February. Just 4 trades, all wining trades. And haha.. all on NFLX!

20160203-IB 20160211-IB 20160218-IB 20160224-IB

 

 

Feb 18

option trading log Jan 2016 $963

These were the remaining trades I made in the month of January 2016. Total profit for the month, $963. Well, I’ve just learnt about the “January Effect” for stock markets, where some opined that the market movement results, either up or down, at end of January would determine the movement for the year as a whole. So, I’ve got a positive, profitable month for this January 2016 for trading options in Malaysia, will I get the same January Effect as theoreticized by fellow traders? Godspeed…

20160114-IB 20160115-IB 20160128-IB

 

Jan 08

option trading log 2016 01 08 profit $368

20160108B-IBUnderlying Stocks : NFLX

Strike : 115 Call

No. of contracts : 5 contracts

Enter/exit price : 1.05/1.80

Holding time : 23 mins

Net Profit : $368

Been watching NFLX ever since the start of this trading session. Up by $2+ at opening bell and still monitoring it while I took care of my overnight TSLA position. NFLX chart was on a downtrend when I closed off the then FB positions and waited for the signalling rules to sync. It synced alright, but was opting for the 115 strike and unable to buy the 115 call because it was still in the money. Ya, in-the-money call attracts bigger margin coverage on expiry day. So, was patiently waiting for it to drop below the 115 strike. Managed to open a call position almost off low. Now the exit plan….

Call a nut head, but NFLX will always fly and rebound in 5 long years in trading experience. My 5 contracts never once turned red, was just plotting my exit price. Opened call position when NFLX was 114.60 and with a strike of 115, it was too easy to rebound. In this trade, practised the contrarian view of “letting profit run”. Watched the signalling chart and exited when it hit 116. That’s $1 in-the-money with a premium of $0.80. Good $368 profit in 23 minutes.

Off to a great start for 2016! Options trading in Malaysia made easy with these signalling rules. Full time trading, I am just a few steps behind.

Jan 08

option trading log 2016 01 08 loss $5

options trading malaysiaUnderlying Stocks : TSLA & FB

Strike : 225 Call & 100 Call

No. of contracts : 3 & 8 contracts

Enter/exit price : 0.78/0.20 & 0.58/0.80

Holding time : overnight & 19 mins

Net Loss : $5 (TSLA loss $178, FB profit $173)

First trade of 2016, TSLA. Dow got battered following China’s circuit breaker loss. TSLA also got battered and thought it would rebound in the next session. Well, it didn’t! This is what you get for not following the signalling rules, trying to outsmart the market and out play the trend. Where did I put the idiom “Trend is your friend”?

Got back in roots today and play on fundamental. FB again got battered in the last session, and rose in pre-market. So, followed the trend and look for window of opportunity to trade up by going long on the call options. Sure I didn’t manage to buy at low and it was in my playbook to average the position; and I did before it rebounded. Took profit and ran!

At least the profit from FB covered by loss TSLA position. Phew…

Jan 08

option trading log 2015 Nov & Dec profit $276

Did not trade much either in both November and December 2015, managed just a day in each month. Sigh, how to be become a full time trader in Malaysia with this low enthusiasm. Must better this in 2016. But not too eager to fall into the trap of over-trading and over eagerness to trade as eagerness would cloud judgement.

20151106-IB 20151204-IB

Jan 08

option trading log 2015 10 profit $264

And here’s the October 2015 trades.

20151002-IB 20151030-IB

Jan 08

option trading log 2015 09 profit $785

It has been this looonnngg since I lasted posted. A blogger, I am not. But a part time trader, I might be. Hahaha… the force is still with me after the Force Awaken movie. Anyways, here’s the September 2015 trades.

20150904-IB 20150910-IB 20150918-IB 20150925-IB

Older posts «