Friday, October 21, 2005

Started of the trading day with quite ok result, made about $380, which is above my min. target of $200. But the damn thing was that affected by fellow trader to go long on ECA on some stupid rumours and lost quite a bit on that. It took an error in the execution to salvage some money back. Lesson learned.... do not be influence by other people.

All in all , make about $150. With another 7 trading days to go, need to make another $700, or average $100 per trading day to hit target of $4000 per month min.

Luckly did not did what MW or another trader did, to sell GOOG $320 put, thinking that it will not gap up that much.... GOOG post session traded up to 335, ie., a loss of 1500 per contract short less premium of about 180.....

Drive back home feeling not great, as should have make more $$.... but still ok, still up for the day.... though notsure what will the mark to market be.


Time to get the newspaper out to see the red cross address, make some donation to the earthquike victims of Pakistan.

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