Friday, June 5, 2009

06/05 MDY 30-Day Condor

Having a pre-opening game plan proved invaluable Today! I was able to anticipate the gap up and evaluate if it was worth over-paying for any hedge or adjustment at the heat of the opening. Because I had great records (thanks to the blog), I was able to see that at the opening level I would be down an acceptable ammount of money and could work the trade from there.

This completely eliminated any anxiety that could have pushed me over the edge and caused me to over adjust the trade. Bottom line, it was a great feeling of being in control.

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