Entry comments: Took a position on American Express, expected to have blow out earnings. Taking the Feb Calls though, less to lose if it's just a mediocre report.
Exit comments: Ouch....was not expecting this to hurt. SO...taking this algo trades has been about 50/50; if I decide I want to continue doing these, I want much less risk. I opted to take a normal size position, but I want these to augment my regular trading not become my main trades. Will be much more selective. Thought buying into next week's expiration was a better idea...totally wrong on this one. And they were actually in-line...totally juiced contracts.
Entry comments: WTF trade open below entry. This gives me a tighter stop and better chance of profit on the bounce.
Exit comments: I exited before an exit signal because it had a great move today and i wanted out.
Entry comments: Rockwell Trading - WTF Strategy - signal to buy
Exit comments: Strategy not working. Kept loss small.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
