Saturday, November 03, 2007

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CONGRATULATIONS MASTER STAR TRADER OCT 2007!

Harto Wijaya of South Borneo, Indonesia beat the rest of the competition to emerge as Master Star Trader of Oct 2007! Can't say October was an easy month for traders but he still managed to make over 80% in raw profit, translating to an overall net profit of over 27% in a single month using our trade management strategy! Wow, how's that for beating 99% of the fund managers out there?! Bruce, our doctor-to-be and Master Star Trader of Sep 07 was close behind due to some mistakes but I say we should see a very intense competition between the both of them in the coming months! Congratulations once again!

Thursday, November 01, 2007

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My October Trades


27/9 Bought ITG call @ 3.00, 3/10 Sold ITG call @ 4.10 = Profit 36.6%

2/10 Bought CYPB call @ 2.85, 19/10 Stopped Out CYPB @ 1.90 = Loss 33.3%

3/10 Bought NTES call @ 2.50, 16/10 Sold NTES @ 3.60 = Profit 44%

8/10 Bought TIE call @ 4.20, 8/10 Sold TIE call @ 3.90 = Loss 7%



Total Profit =40.3%

Thank you Jason! (I did a lot of mistakes...but learning from them :) )

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MY OCTOBER TRADES:

ESRX Oct-50-Call 19/9 $5.1, 11/10 $8.2 ( +61% )
EPD Dec-30-Call 5/10 $1.8, 12/10 $1.9 ( +6% )
CYPB Oct-12.5-Call 2/10 $2.25, 17/10 $1.8 ( -20% )
CIEN Nov-45-Call 23/10 $2.95, 30/10 $4.00 ( +36% )

TOTAL PROFIT = 83%


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