Wednesday, August 5, 2009

The Art of PUT & CALL


Nett Profit : $127++

Market especially turned very bearish esp. AMZN
why PUT? Obvious especially when QQQQ suddenly going down with haste. Exit because Time Frame.
why CALL? AMZN almost touch the ATR so I kept averaging down to get a little profit. Exit signal from target profit.

What to improve? Better get used to leave 1 contract for streching or scraching.

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