A Tycoon's Trading Diary

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

Thursday, July 12, 2007

Thursday filled with emotions

Filtered Trade Candidates for the Day
GAPHV: CMI ()
TTC-A: CAT (nice hook, Ind Grp: A+, but distribution during the trading day)
Patterns: AL (good thrust above -20 W%R + )

Trade Session Notes
Nikkei...17984.14...-65.37...-0.4%.
Hang Seng
...22809.02...+202.00...+0.9%.
FTSE...6620.20...+5.10...+0.1%.
DAX
...7915.57...+17.03...+0.2%.
8:08:35 AM
CBOE VIX 16.64-0.93

12:31:00 PM MS: Bullish!
CBOE VIX 14.98-1.66
Market Adv Decl Unch
Nasdaq 4,044 1,572 257
NYSE 2,120 833 115

12:42:17 PM MS:
Got filled on a .CDMIC CMI SEP 115 Call contract.

Open Trades as of EOD 11 July
.BHPKM BHP NOV 65 Call $65.93 $6.13 $213.00
Notes Exit point of second hafl if W%R dips under -20.
.UPUGR CTSH JUL 90 Call $82.16 $0.07 ($553.00)
Notes Break even at $4.55. Time close at 22 June, Friday. Loosing trade!
.SWQSV SNDK JUL 42.5 Put $51.65 $0.05 ($450.00)
Notes Complete looser part!!!
.TEXJS TEX OCT 95 Call $91.09 $6 ($60.00)