Wednesday 14 December 2011

Trading Journal, Part II. December 14, 2011

Although I decided not to take any new trade today, I broke my own trading rules.
Bad me.
Risk reward ratio is not good for short, and more weakness expected early next week.
So better to sit out for next few days.

But have purchased AMR Feb 12, $1 calls for $0.12.

Purely speculative.

Will be far away from trading desk for the rest of the day, whatever happens.

Possible trend change in the afternoon.

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