Friday, April 26, 2013

T.J. 4-26-13 Cha Chi Friday

Finally exited out the two grain short and took losses on them. Will wait until Monday to re access the trend. I was able to overcome the urge of revenge and to jump back in. Overall it was not a well planed trade and fear took over when XB came to my adding area.

I like the idea of collecting premiums more and more. It's safe and less stressful. It gives more room to maneuver for short term market fluctuation. I need to learn more of it while collecting some premiums each week. Watched Super trader Karen's video again. My ES call was exited premarket today with a small profit. Adding my first ZW put sell for 2 months out. Need to develop a new routing the check on pending orders before and after market each day.

All my ES puts of this week are expiring worthless today with 100% profit which offset the two grain losses. It feels good to see the profit. May move to more of these safer trades.

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