Augubhai's notes - Smarts, Guts and Luck

[augubhai]

long call at 64..

 

[augubhai]

long call at 64..

exited at 67

placed buy stops for CE at 75, and PE at 80... now just waiting, looking for opportunity.... avoiding charts, though tempted

 

[augubhai]

long put at 70

before that did a 1 point loss trade...

 

[augubhai]

long put at 70

before that did a 1 point loss trade...

out at 70.....

 

[augubhai]

1 more point loss...

 

[augubhai]

long call since 75.... should have exited at 79. big resistance at 6020

 

[augubhai]

long call since 75.... should have exited at 79. big resistance at 6020

out at 76.... stopping live posting... need to focus.
objective: MTM Breakeven today

 

[augubhai]

out at 76.... stopping live posting... need to focus.
objective: MTM Breakeven today

not abad day... almost brekeven... MTM loss less that 1000

with the huge lots traded and brokerage... loss will be much more.

believe me, its much easier to trade this way using just the market watch, than with charts.... charts can be used to just find historical S/R

 

[augubhai]

That's 2 new year's resolutions broken

1. I had resolved to trade systematically
2. I had resolved to shut down computer no later than 3:31 PM

 

[Smart_trade]

That's 2 new year's resolutions broken

1. I had resolved to trade systematically
2. I had resolved to shut down computer no later than 3:31 PM

Never mind...make new resolutions and follow them strictly till they are broken.

Smart_trade