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Friday, February 09, 2007

No Trading

I did not trade nor did I monitor the market last night. Had personal matters to attend to during the day and was deadbeat at night. Actually I did try to setup my PC and laptop for trading, but soon after everything was setup up, I ran into connection problem (due to change in service provider the day before). So I take this to be a sign that I should really forget about trading for the night and get some rest. I have open positions, but with proper stop losses in place, I'm not really bothered.

2 Comments:

Anonymous OptionPundit said...

Hi SOT,

Hope your preparation for the CNY are going great guns. I recently tested a double diagonal on MA to take advantage of vega increase before earnings announcement. It did, and to my amazement was a very simple yet powerful concept. I shall share more on that later.

Later, I decided not to play MA as I couldn't find any good risk/reward combination.

I played AKAM, AFFX, PMTI , NTRI and seems it was my day :)

There is a discussion going on in the comment sections here(http://www.optionpundit.net/trade-ideas/results-of-credit-and-earnings-play )that your readers may find insightful for trade management.

Cheers SOT, profitable trading,

OptionPundit

3:45 PM  
Blogger Simply Options Trader said...

Hi OP,
Yeah, been busy with CNY prep :)

Congrats on your winning trades! Interesting strategies you are using. I will be keeping an eye on them.

Have a good weekend!

Cheers

9:59 PM  

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