Wednesday, May 5, 2010

05/05 Daily Summary

I was able to move my downside adjustment to 1935 and maintain the same levels of P/L thanks to the extra day of time decay and perhaps some volatility that is going away. I did adjust my contingent order early in the morning as I did not want it to be triggered in a whipsaw action, I moved it to the lowest point of the day once I noticed we had formed a hammer on the 30 minute chart. It would not have triggered either way, but to be fully honest here I wanted to capture that I made that adjustment.

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