Showing posts with label May 2010 OPEX. Show all posts
Showing posts with label May 2010 OPEX. Show all posts

Friday, May 21, 2010

May 2010 OPEX Results

Sitting down today to update my results for May was a mental positive to the upside. Once again my memory was only as good as my most recent trades. I was fixated on the quick loss I took on the ES trade, especially since right after being stopped out for a loss it hit my downside target. For the last week I've just been thinking about how I lost -$275 instead of making $1000. So reviewing the scoreboard every now and then and looking at the overall is helpful. I wouldn't say I forgot about the other trades, but I was surprised to see that some of them were only 18 calendar days ago. They truly feel much older as hours feel like days when you've got a losing position on the books sometimes. For the last week or so I had a mental tally going and all it contained was the GOOG naked call and a few small trades that were basically a wash. I thought I was under $1000 for the month but it was higher. I think this is because I had a MTM gain on (MO) for a while that I had mentally already been considering a gain as it was deep ITM and just waiting to get exercised.