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Jun 13

full time trader log 2013 06 12

full time traderUnderlying Stock : AAPL

Strike : 450 Call

No. of contracts : 1 contract

Enter/exit price : 0.65/0.70

Holding time : 6 mins

Net Profit : $2


 

full time traderReason to enter trade:

Opened AAPL call when signal indicated a reversal. It did reverse on the MACD, but the price did not move up as anticipated. In fact, it kinda moved side way. Did not hesitate to square the position eventhough just very, very little profit. I glad I did close off the position. AAPL just went down and down after that. Do check out the chart!

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