Aug 05

full time trader log 2014 08 05

option trading in malaysiaUnderlying Stocks : BIDU

Strike : 217.50 Call

No. of contracts : 2 contracts

Enter/exit price : 2.90/3.40

Holding time : 13 mins

Net Profit : $98

Was sleepy but want to trade. Same as the previous BIDU trade, the stock looked battered by the index today. As it reversed as indicated by the chart’s signalling rules, moved in waited for the kill. But had to wait 13mins. The position was always in the green but too low the profit. 13 mins later, it rebounded and soared.

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