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Re: farooq post# 1244

Tuesday, 04/15/2008 12:19:19 PM

Tuesday, April 15, 2008 12:19:19 PM

Post# of 8208
Stopped out in QLD @ 70.10 forgot to protect profit and raise stops, stopped out on April QQQQ calls @ 47 Cents 2 Cents loss.

Holding May 45 QQQQ calls. Stop is 80 Cents. It is a big position so I do not want to be stopped out prematurely.

I bought again April 44 calls for 42 Cents same 1 X position.
I am long again from S2 on QLD 69.70 stop is tight 69.40.

No margin is used because 15 minute and 5 minutes have not confirmed buy yet on ADX but my primary CCI and RSI is on buy.
Trying to play little slow.

I have two strikes against me already.

Happy trading.

Farooq
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