It’s Christmas time again. This is a good time for us to take a break & spend a quality time with our family. For me in Malaysia, Christmas too is a holiday for us. This is the time where I’ll be visiting my Christian friends & wishing them Merry Christmas.

To those celebrating Christmas, a Happy Merry Christmas to you & your family.

 

 

This is a pretty dry week for me. There were long list of candidate from the Telechart scan but not qualified applied the market entry rules. This is what I like about Star Trading System (STS). It’s entry rule is very powerful and has done a great job so far of keeping me out of the market with no qualifiers. 

The only trade that I executed is to closed my ASF JAN07 40.00 CALL position that I bought on 15-Dec-2006. Infact, I did not personally close the position myself but done automatically by my Stop Lost setting. I lost 17% in this trade. Thanks to The Beauty Of Stop Lost! If not, I’ll lost more than that.

Here is the detail of my trade as well as the chart.

15-Dec-06 BUY ASF JAN07 40.00 CALL @ $3.50
18-Dec-06 SELL ASF JAN07 40.00 CALL  @ 2.90
Profit/Lost = -17% (in 2 days)

So, far for this month I still make 11% from 2 trades.