Raising the stops on the qqqq 41 C to 1.2. I don't particularly like the market action and would like to make sure i keep the profits.
Forgot to update on Friday that I stopped out at 1.2 + 2,000 (less comissions which is 55 cent/ctrt, so 220 bucks)
Thirsty, nice trade! Did you scoop up the 1560 contracts all at once today? How did it get it cheap at 55 cents per contract? I think Ameritrade do charge pretty hefty commissions, don't they?
I've been buying the past few days. I negotiated a better pricing since I do a lot of volume with them.
How do I know you got the rate at 55 cents per contract? LOL I guess you must feeling very embarassed to post that question.
holy cow. no guts no glory I guess. that's huge in such a situation, do you consider selling half, gaurenteeing zero loss? Man,.. getting 700 free contracts. Congrats. The weekly charts looks very similiar from the current and March 2004. http://stockcharts.com/h-sc/ui?s=JPM&p=W&b=5&g=0&id=p90311179145 I'll be there, some day... some day! My strat is developing nicely.