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trader198
Registered: Mar 2010
Posts: 1217 |
09-20-12 09:53 PM
only made some on EGO. I lost all my puts in CDE. there is no bid at all.
EGO bailed me out with some gain, I bought some 16 at 0.25 (yesterday).
big loser in CHK too, all lost no bid any more. CDE sometimes show bid, not bother to close, just wait to see tommrow how it works.
the good thing is I am well disciplined, did not average in more.
I think I need focus, opened too many trades and too soon. get to learn to foucs.
I will shift my focus on day trading, swing trading sometimes easily let myself preoccupy with a trade. like the chk trade, I should close it when i realzie it is a mistake (thought to breakout 19~21 range). in reality it is a range band, and CHK may reverse and trend down.
I will forget CDE/CHK as quick as I can. cheer, good trades always there.
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trader198
Registered: Mar 2010
Posts: 1217 |
09-21-12 09:39 PM
just worthless, it is september 21 expiration.
compared to my big winner in KBH, and my BZH september in my retire acount, I am far ahead and just laugh. a great week.
bought 10k EXM stocks with no expiration, intially though to buy some 0.05 1 call, but feels if I do not time it correctly, I lose. so choose the stock, safe
Quote from Whistlingleaf:
Were you trading Sept expiration ?
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Whistlingleaf
Registered: Nov 2005
Posts: 293 |
09-22-12 04:49 AM
I also like sub 1$ stocks.
If you like EXM you might like PRGN ~ others that I own or trade
JAG, CXZ, SSN, URRE (out of these ATM)
CPST has good base at 1$
MTG makes a nice CC candidate
I tend to buy & keep buying if it goes lower & wait for a move up.
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kjones5159
Registered: Aug 2012
Posts: 134 |
09-24-12 12:52 AM
Quote from trader198:
only made some on EGO. I lost all my puts in CDE. there is no bid at all.
EGO bailed me out with some gain, I bought some 16 at 0.25 (yesterday).
big loser in CHK too, all lost no bid any more. CDE sometimes show bid, not bother to close, just wait to see tommrow how it works.
the good thing is I am well disciplined, did not average in more.
I think I need focus, opened too many trades and too soon. get to learn to foucs.
I will shift my focus on day trading, swing trading sometimes easily let myself preoccupy with a trade. like the chk trade, I should close it when i realzie it is a mistake (thought to breakout 19~21 range). in reality it is a range band, and CHK may reverse and trend down.
I will forget CDE/CHK as quick as I can. cheer, good trades always there.
CHK is likely to break out above $20 before long provided there isn't a market correction during your contract's life. Consider a condor or iron condor.
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