Friday, October 12, 2007

Oct 12 $2,300 on 21c




Well, after seeing DINO make some huge bank yesterday, I was really getting the "itch" to trade. Considering I woke up around 9am and only traded for an hour, I'm dam lucky. Well, I did my best at holding onto my position given the bearish trend of NYSE A/D even after taking some heat on the trade. I didn't know IB lowered the margin on futures until I decided to add to my position, which made me get a greater profit than I normally would expect from trading my usual conservative size. I also got lucky on my trade, considering I had little time to trade today. I didn't follow my system today, and I would have done better if I had taken its signals I believe.

4 comments:

Anonymous said...

Hi,

Congrats on that win. Glad to see you are back to old form.

Did you read about the demise of Victor Niederhoffer's hedge funds?
Interested in reading your comments and opinions on that one.

Jeff on 12:55 PM said...

way to go John!
On an unrelated note, I think the The rumors of Niederhoffer's demise have been greatly exaggerated.

Dinosaur Trader on 2:06 PM said...

Nice day you plunger!

Have a good weekend.

-DT

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