JPM: 12 May, 2008



Posted by lionel319 @ Wed 14 May, 08, 10:10AM under My Trades













(60min chart)



12 May, 2008 - BTO Jun47.5c @ $2.00
13 May, 2008 - STC Jun47.5c @ $1.10

P/L : - 45%


Comment:-
The chart is in a nice uptrend.
Everything looks nice.
I followed and abide to all the rules.
I was so confident when i entered the stock seeing the price break thru the ascending triangle formed in the 60min chart.

Just didn't work out this time.
OUCH !!!! Very very painful.










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