Friday, May 2, 2008

A Good Restart

A good restart in options trading. I have closed my HAL and FRO position. So, the profit for the month of April shall allow me to survive a little bit longer in my quest to make some money. I sold HAL and FRO because the paper profit was making me nervous. The fear of losing it is so great that I rather close my position. Feeling regret of missing more profit is much better than the regret of missing the profit. The price fluctuation is making me crazy too. Anyway, they were really overbought in my charts.

I'm still adjusting myself to this options trading. Now I know that I can win 100% in one day and lose it all on the next. Really crazy. I have not encounter this while trading warrants in the Malaysian stock exchange. My mental framework has not in syn with the environment of options yet. Still got a long way to go.

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