A Tycoon's Trading Diary

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

Tuesday, April 03, 2007

Tired - but happy - Tuesday

Watchlist additions and filtered trade candidates
No watchlist addition today.
TTC-A, GAPHV: (nil)
MACDV: KCI

Trade session notes
Nikkei...17244.05...+215.64...+1.3%.
Hang Seng...20002.70...+193.00...+1.0%.
FTSE...6347.40...+31.90...+0.5%.
DAX
...7001.50...+64.33...+0.9%.
9:48:04 AM Have exited half of my positions in .GPYDB ( contracts) @ $2,75 each and set a 5% down default triggered trailing stop from $2.8. Great, that I could stay in this trade yesterday, after a less than ideal entry timing (a bit late).
10:04:09 AM AS SanDisk was already suspected to bump back from below 2-3 SD BB range, I looked at it after the first 30 min bar was printed. In fact a bit late, as I had other (work) duties in the meantime. Anyway I got five SNDK APR 42.5 Call contracts @ $2.1. Set the hard stop first at $1.9

Open positions at 2 April 2007 market close
.ACLEG ACL MAY 135 Call $132.74 2

$4.1
($20.00)
.GPYDB GS APR 210 Call $205.65 4

$2.4
$80.00