Tuesday, December 04, 2007

Dec 4 $525 on 87c and 800 shares




Considering I missed the first 3 hours of trading, I faired OK trading the CHOP-FEST.
I almost got myself into a bind, because I was loading up short ER2 at the close because ZN was rallying, but ER2 just kept crawling higher from weak short covering. Thankfully the inverse relationship panned out and I was able to cash in.

Overall, trading the stock index futures was tough today, which is reason for me to start scanning for stocks IN PLAY if this choppy action continues. Tomorrow brings a number of reports coming out in the AM, which should hopefully bring some volatility back for us Day Traders, as DINO has already noted on his blog as well.

P/L= $525 on 87 ER2 contracts and 800 shares

3 comments:

Anything-Goes on 11:18 PM said...

Good money, nice work? But does it cover your commission for 87c.. and am I missing something here or are you trading with a commission-free account?

HPT on 12:15 AM said...

My PL is a net, including commission costs,,,I edited the account screen to only show P/L.

Bubs on 6:03 AM said...

Good stuff

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