June Position

Glad May is over but summer is not going to be easy either.

When going fishing, there's always a chance of catching nothing, catching a boot, and catching a nice fish. Fishing requires patience.

2012/06/01 B AAPL 562
2012/06/09 S AAPL 572

2012/05/09 B GMCR 26.50
2012/06/04 S GMCR 22.05

2012/06/08 B BBY 19.75 - below 19.25 get out.
2012/06/15 S BBY 20.20

2012/05/21 BOUGHT CLF 49.20
2012/06/20 SOLD CLF 51.83

2012/06/14 B POT 37.75
2012/06/15 SOLD POT June 22, 2012 $38 Call 1.05
2012/06/22 S POT 38

2012/06/18 SHORT LNKD 103.10 risk 3-5%
2012/06/28 COVER LNKD 104.10

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2012/03/16 BOUGHT FCX 38.70

2012/03/23 BOUGHT FIO 29.1999

2012/02/27 BOUGHT SODA 44.60
SOLD MAR42.50C 5.50 (Expired)
2012/03/16 BASIS SODA 39.30
2012/05/10 SOLD May 19 37.50C 1.30
2012/05/10 BASIS SODA 38
2012/06/22 S July 21, 2012 40C 1.10
2012/06/22 BASIS SODA 36.90

2012/04/19 BOUGHT OXY 88.68
2012/04/27 SOLD OXY May 4, 2012 92.50 Call 1.100
2012/05/04 BASIS OXY 87.58
2012/06/07 S June 16, 2012 87.50C 1.05
2012/06/07 BASIS OXY 86.53

2012/03/28 BOUGHT GLW 14.20

2012/05/04 BOUGHT CLF 58.90
2012/06/28 B CLF 46.10

2012/05/08 BOUGHT ANR 13.80 #ESA
2012/05/15 BOUGHT ANR 12.70 #ENT

2012/05/30 B SINA 54.25
2012/06/07 S June 16, 2012 57.50C 1.05
2012/05/07 BASIS SINA 53.20
2012/06/22 S June 29, 2012 55C 1.20
2012/06/22 BASIS SINA 52

MAY Position

2012/04/27 BOUGHT YELP 21.50
2012/05/01 SOLD   YELP 22.92

2012/04/18 BOUGHT SINA 59.90 #ROTH
2012/05/02 SOLD   SINA 60.40

2012/05/01 SHORT CMG 418.80
2012/05/04 COVER CMG 410.13 got robbed

2012/05/01 SHORT LULU 75.25
2012/05/04 COVER  LULU 80.00

2012/03/23 BOUGHT SINA 69.25
2012/05/16 SOLD   SINA 57.88

2012/03/07 SHORT CRM 142.50
2012/05/08 COVER CRM 147.24

2012/04/20 BOUGHT UPL 18.90
2012/05/10 SOLD   UPL 21.14

2012/05/22 SHORT  CRM 149.00 GAMBLE short 149 for 3 pts risk
2012/05/24 COVER  CRM 147.50

2012/05/14 BOUGHT BVN 36.90 GET OUT CLOSE BELOW 35
2012/05/29 SOLD BVN 38.80
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2012/13/16 BOUGHT FCX 38.70

2012/02/27 BOUGHT SODA 44.60
SOLD MAR42.50C 5.50 (Expired)
2012/03/16 BASIS SODA 39.30

2012/05/10 SOLD May 19 37.50C 1.30
2012/05/10 BASIS SODA  38

2012/04/19 BOUGHT OXY 88.68
2012/04/27 SOLD   OXY May 4, 2012 92.50 Call 1.100
2012/05/04 BASIS  OXY 87.58

2012/03/23 BOUGHT FIO 29.1999
2012/03/28 BOUGHT GLW 14.20

2012/05/04 BOUGHT CLF 58.90
2012/05/21 BOUGHT CLF 49.20

2012/05/09 BOUGHT GMCR 26.50
2012/05/08 BOUGHT ANR 13.80 #ESA
2012/05/15 BOUGHT ANR 12.70 #ENT

Don't Look Back

The hardest part of trading is to not look back and it's hard because I am human.
For me, my weakness, as I have been told, is that I am too hard on myself.
I need to learn and let go, live and forgive.

This as affected my trading, especially in AAPL.
I never defined the trade - swing or day.

Making the first trade bying APR540p, I was hopeful.
After taking the loss, I was fearful.

My emotion has gotten the best of me and this is my lesson learned.

Those APR630p purchased at 8.45 is now trading at 69 on Apr 24, 2012 open (little salt added).