Closed 3 positions in the month of May:
1. EGLE call (++)
2. QCOM call (++)
3. XOM call (+)
Based on gross paper profit, I have recovered 80% of my loss. Luck is still with me. Looking at the total commission I have paid, the total is 30% of my initial capital! Oh boy, I'm thinking of injecting more capital to so that I can trade in bigger position. This will lower down the percentage commission for each trade. But, I'm still not that confident yet. I'm still reading a lot of news and blogs so that I can categorize the counters in their respective sectors.
Tuesday, June 3, 2008
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