up All winners this month except for mistakenly putting a limit order instead of a stop loss on my OEX puts. I ended up buying half of my original purchase after the accident because the OEX trade was not part of the star trading system, I was not very confident about it. I used the support and resistance from the point and figure chart with 30 and 50MA indicators to decide whether to get in this trade. Thanks to Lastchance who enlightened me about support and resistance using point and figure charts. He’s been trying to get me to learn it for months and I only picked it up after he’s successfully done a few trades.

The good thing about all these trades was that I made the sell decision based on the support and resistance and so far they are doing okay. It feels good to be certain about when to exit.

Balance after exit trades made in November: $4,519.78 (+18.94%). Click “read more” to see my trades.


Account Trade History
EXEC TIME SPREAD SIDE QTY SYMBOL SPC EXP STRIKE TYPE PRICE NET PRICE
3/7/07 23:47:44 SINGLE BUY +4 CNQ 100 APR 07 50 CALL 2.70 2.70
3/9/07 23:50:07 SINGLE SELL -2 CNQ 100 APR 07 50 CALL 3.40 3.40
3/10/07 02:27:04 SINGLE SELL -1 CNQ 100 APR 07 50 CALL 3.90 3.90
3/12/07 23:20:10 SINGLE SELL -1 CNQ 100 APR 07 50 CALL 3.30 3.30
RETURN: +29.63%
3/22/07 21:36:23 SINGLE BUY +2 OEX 100 APR 07 650 PUT 5.30 5.30
3/23/07 01:01:33 SINGLE SELL -2 OEX 100 APR 07 650 PUT 4.90 4.90
RETURN: -7.55%
3/23/07 01:05:30 SINGLE BUY +1 OEX 100 APR 07 650 PUT 5.10 5.10
3/28/07 21:40:02 SINGLE SELL -1 OEX 100 APR 07 650 PUT 7.50 7.50
RETURN: +39.51%
3/23/07 22:24:34 SINGLE BUY +4 UHS 100 APR 07 60 PUT 2.25 2.25
3/27/07 23:42:47 SINGLE SELL -3 UHS 100 APR 07 60 PUT 2.90 2.90
3/28/07 02:14:56 SINGLE SELL -1 UHS 100 APR 07 60 PUT 3.00 3.00
RETURN: +30%

Total profits for the month: +91.59%
Average profit for the month: +22.90%

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