Traders Laboratory - View Single Post - Since when the U.S. Fed Cut Discount Rate 7:00pm EST Sunday Evening ?
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Old 03-18-2008, 12:15 PM
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Re: Since when the U.S. Fed Cut Discount Rate 7:00pm EST Sunday Evening ?

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Well, I bought a few more BSC calls at 35 cents yesterday morning. Just sold everything today for a $754 profit. Not bad for only risking $210 or something like that.

Nice gamble ... er trade ... I mean.

Just don't get too cocky when this happens again, that's my only advice. It's easy to play the - if only - game when a similar situation comes up in the futures. And it will. Only next time the thing just might keep tanking.

So please just remember for what this was James - more of a gamble than anything. Trust me, speaking from experience. You always go light on the ones that pay off and heavy on the ones that fail miserably. Murphy's law in full effect there.

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