Wednesday, March 14, 2007

03/13/2007 O STC .BSCDH - BSC APR 140 Call 2 $9.80 $14.95 $1,944.98
03/13/2007 O BTO .BSCDH - BSC APR 140 Call 2 $12.60 $14.95 ($2,534.95) -589.97
Total Realized Gain/Loss for BSC ($589.97)

03/13/2007 O STC .GPYDT - GS APR 200 Call 2 $9.50 $14.95 $1,884.99
03/13/2007 O BTO .GPYDT - GS APR 200 Call 2 $11.40 $14.95 ($2,294.95) 409.96

03/13/2007 O STC .GPYPT - GS APR 200 Put 5 $4.40 $14.95 $2,184.98
03/12/2007 O BTO .GPYPT - GS APR 200 Put 5 $6.60 $14.95 ($3,314.95) ($1,129.97)
Total Realized Gain/Loss for GS ($1,539.93)

Total Realized Gain/Loss ($2,129.90)

Sob Sob :'( geez ... First mistake is i buy a put on closing yesterday ... 2nd mistake is never wait for the bear to be bearish ... since i know is a bearish day so i should wait ... ARGH!!! :o ... then once your mind cant think well ... zzz i go buy a call for gs when i knw the price is quite high ... yawn ....

Yesterday i close my gs 200 april call cos dun wanna play earning ... and yet i nv close my put ... zzz cos im losing 200 ... wao should cut cut liao ... yawn ...

The most important lesson i learn is to cut lost ... i always lost big ... should cut it when it small amt... dun wait till it rock bot... ya is a huge pyschology ... ya is very hard to but a put - human tend to be bullish ... zzz have to keep on training and learning ...

nvm ... will come back stronger again ... all the best to all trader out there ... back to mugging =)

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