Tuesday, May 31, 2005

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MASTER TRADER OF MAY IS BORN!

Hi ALL!

Hail your Master Star Trader of the Month of MAY... RAJAT MEHTA of USA! Raj made a staggering 247% THIS MONTH ALONE!!!

Raj will earn his place on the front page of www.mastersoequity.com for a month as well as a cash reward of US$100 on top of all the money he has made! CONGRATULATIONS! GREAT TRADING!

Jason Ng
Founder, Masters 'O' Equity
www.mastersoequity.com
"Your Personal Stock Option Mentor"
"""

Market Correction Week

Hi Star Traders,

The market needs to decide to continue to go up or to enter the much awaited correction today. Please do not establish new trades.

The Star Trading System have prepositioned us with quite a number of short positions over the last week and it does seem to be paying off well.

Good trading.

Jason Ng
Founder, Masters 'O' Equity
www.mastersoequity.com
"Your Personal Stock Option Mentor"

Wednesday, May 04, 2005

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Trade

Today I was in cash position. It was surprising that ADSK went up but it was ok. I bought new shares.

I bought RDY May 15 Call for the price of 0.95

Tuesday, May 03, 2005

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FOMC day

Today the Feds are meeting again and this is one day that we should avoid trading as the market can swing tremendously both ways with uncertainties. Because I have positions in MFE and ADSK, I tighten my stop lost and make sure I am out by today.

Sold ADSK at 2.60 for a lost of 0.30 per contract (loss of 10%) . Sold MFE for 2.70 for a gain of 0.75 per contract (gain of 38%) .

Personal Note: if today is a normal day, I will just put a stop at the star formation day and let the profits rides. Well, I will fight another day. Comments and advice are welcomed.

Monday, May 02, 2005

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First Trade

Hello everyone,

Bought ADSK May 30 Call at 2.90
Bought MFE May 20 Call at 1.95