Feb 19

full time trader log 2013 02 13

full time traderUnderlying Stock : BIDU

Strike : 95 Call

No. of contracts : 5 contracts

Enter/exit price : 0.80/0.95

Holding time : 8 mins

Net Profit : $69


full time traderReason to enter trade:

A trade executed about a week ago. Thought it hit low when I opened the trade as signals were trending towards reversal. It did reverse on the next candlestick bar, but dropped to day low on the next. Position was in the red but before hitting stop loss limit. and it rebounded thereafter, and way higher after I sold off the position 5 mins letter. Could have made more as CNY ang pau. 8 mins and all in a day’s work as a semi full time trader.

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