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Too long in a trade

Posted by papaw 
Too long in a trade
February 26, 2013 06:27PM
Got into a CAT trade early 1/2013 just got out today. I sold 5/95 puts for 28% gain, but way too long of up/down. Need more discipline on following Gary's exit criteria. Will do a better job on next trade.
Re: Too long in a trade
February 27, 2013 02:59PM
Good Job pawpaw!!

I bought Puts on CF yesterday and Calls today. That was a nice roller coaster ride. I am getting content with entering and exiting intraday. I look forward to trading large positions and have a 20% profit. Gotta crawl before walking.....
Re: Too long in a trade
February 28, 2013 05:58PM
I agree you will do better but you did really well IMHO. Congrats!
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