Tuesday, November 6, 2007

30% in one trading session

Follow Me on Facebook Follow Me on Tweeter

Isn’t it nice – almost 30% in one trading session. Of course I closed by position by buying SPY put options.

I’m still bullish, however I closed my position. It’s just my personal trading style. I do not like to stay for a long time in position, but rather I would prefer have 1-3 short lived conservative trades within a month.

As I have mentioned above I’m still bullish and would expect to see tomorrow the continuation of he recent up-move. On the other hand the NASDAQ 100 index may still bring some unexpected surpises…

No comments: