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Daily Recap and Crude Status - May 21, 2008

As of this post, crude hit $135 a barrel.  That’s right, $135.  This morning, crude was hovering around $132.  Since I’m in a crummy mood and enjoying my Wii Fit, I’ll keep this update short.
Trades Taken

1 x NQ
-3 x BBD June 25 Call

Profit / Loss for the Day / Open: -$135.00 / $0.00
Overall crummy day.  […]

Daily Recap - May 14, 2008

Okay.. someone explain to me what the heck just happened.  Here’s a 1 minute chart of the Q’s.

Around 2:30 (yes, that 2:30 reversal period), the Qs and the rest of the market went right down the toilet.  I think the bears were mocking the bulls and were loading up just to give them some false […]

Daily Recap - May 12, 2008

Overall, while still another loss, it wasn’t a bad day.  Once again, however, tight stops on futures got the best of me.  It’s a work in progress though.  Once I refine my futures trading skills, I’ll be able to post more consistent profits.  I did notice around lunch time trading in a zone somewhat.  Remember […]