A Tycoon's Trading Diary

True story of the making of a tycoon. Options trading, trading systems, wealth, money management...

Monday, March 26, 2007

Being down

Watchlist additions and filtered trade candidates
TTC-A: RIMM
GAPHV: (none)
MACDV: (none)

Trade session notes
Nikkei...17365.05...-156.91...-0.9%.
Hang Seng...19706.79...-59.06...-0.3%.
FTSE...6305.30...+13.40...+0.2%.
DAX
...6862.79...+33.97...+0.5%.
Markets in the US are heading the Far-East way, down! Tuto would be the name - ICE, mainly. In fact I had no time at all to concentrate on trading at all. This time as well my trailing stop 10 points down from 4.4 was not working as it went down all the way to 4.1 with out an exit triggered. I had to close out manually at the end giving a limit order for $4.5.

Open positions at market close 26 March 2006:
.ACLEG ACL MAY 135 Call $131.31


$3.5 $700.00 ($140.00)
.GPYPB GS APR 210 Put $211.73


$3.9 $390.00 ($40.00)