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.