14 Apr09
Today, I made a decision to close position of HEX 80 @134.
P/L = (1.34-4.08)*100 = -274 per contract.
Loss 69% in 3 trading days
Fault: Place OTM, Not second top, strong momentum upswing.
Should Action on:
Long Position MUST only place at Reversal Area ATM with second bottom/Top and High volitility.
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