downThe bad month continues… 😐 . I stopped trading in the middle of May to get a breather. I think if I were to get revenge on the market, my funds will probably get less. I figured it was my desperation to break the $5k mark that clouded my decision-making as well. I bought VMC based on Option Intelligence’s recommendation and seeing that it wasn’t doing well, I still held on as if some miracle will happen. Of course, that didn’t happen so I let it expire since it was way out of the money already (luckily I took only one contract).

Some of my other trader friends (who aren’t using star trading system) aren’t doing very well as well, this is so weird. I thought people should be making money when the market’s up, up, up.

Balance after exit trades made in November: $2,757.47 (-14.10%). Click “read more” to see my trades.


Account Trade History
EXEC TIME SPREAD SIDE QTY SYMBOL SPC EXP STRIKE TYPE PRICE NET PRICE
Star Trading System
5/1/07 21:52:46 SINGLE BUY +1 VMC 100 MAY 07 125 CALL 1.10 1.10
RETURN: -100% (let expire)
5/4/07 22:30:38 SINGLE BUY +2 ICE 100 MAY 07 140 CALL 3.20 3.20
5/7/07 22:06:15 SINGLE SELL -2 ICE 100 MAY 07 140 CALL 2.25 2.25
RETURN: -29.69%
Options Intelligence Picks
5/3/07 23:40:44 SINGLE BUY +5 GMT 100 JUN 07 50 CALL 1.75 1.75
5/22/07 00:40:33 SINGLE SELL -3 GMT 100 JUN 07 50 CALL 2.05 2.05
5/22/07 22:25:07 SINGLE SELL -2 GMT 100 JUN 07 50 CALL 2.05 2.05
RETURN: +17.14%
5/17/07 02:21:12 SINGLE BUY +3 ROSE 100 JUN 07 25 PUT 1.90 1.90
5/21/07 23:15:58 SINGLE SELL -3 ROSE 100 JUN 07 25 PUT 1.10 1.10
RETURN: -42.11%

Total loss for the month: -154.66%
Average loss for the month: -38.67%

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