The 2440 calls wed SPX have gone from 3.20 to 6.20 where I would have sold them @ 5.85 without hesitation A $1,000 investment would have given us 3 and would have return $795.00 in 1 and 1/2 hours. The 3 minute says it about to take a break and the sto and macd told me that..... even though there might be much more in this.
I was taught not to be greedy. 75% profit is nothing to complain about.
In an over night and a single play that would have been $2,685 return... Making it very easy to take a day off and look for the next play with a clear head in a couple days...
I am watching right now to make sure my eyes are seeing the right thing. Most of you that know me understand I would have bought 10 or 20 of these. Its about being right not about the money.
Never be greedy when trading. Be Positive and in Control with no emotions, especially FEAR
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