Plan for coming week

1. Stick to plan. Pre-market analysis, monitor half an hour and then go jog afterwards.
2. Review CWrite site.
3. Rewrite calculator to include adjustments but so far so good.
4. Dig past months trade and enter the adjustments into trade log.

Review of past week

1. Ran 13km. Started running on Thursday only. Try to be consistent. However, the 8km run on Thursday night was very good. But leg was strained afterwards. Anyway, when the going gets tough, the tough gets going.
2. Well, a bit "worried" past week because of drys. However, I realise must commit the battle to the Lord. So far, so good. These 3 months got to absorb all these lessons and understand how to do CC. Otherwise, when the money goes in, will worry over it.
3. The reason why we do CC is to avail time to read & meditate on God's word.

July preparations

1. Combined Top 20 & MC/OX ATM/OTM for July. Only those selected stocks are added to form July list.
2. Do the scanning at the end of the week. Preferably after Friday close and b4 Monday open.

cci scan:
B
M:
W: FCX, URBN
D: ANF,ANR,CLF,CNX,FCX,ISRG,MA,PBR,POT

S
M: PBR,RIO
W: AXP,CNX,MA
D:

June 13 watchlist

June 13 watchlist created.

Aim is to test stock criteria flow: MC>CCI>OX>SChart

Buy:
M:
W:
D: FDG,FLO,SY,TAP,TJX

SELL:
M:
W: HOS,IMO,INFA,MT,MUR,SU
D: BRY,CRZO,DVN,EAC,EAC,ECA,MEE,NBL,RDC,RRC

Consider:
CCI: ACI,AFL,ANR,CNX,EOG,IBM,PBR,STLD,WFT,

Analysis

d
-Most indicators bearish and position is oversold
-Resting on 61.8% currently.
-may need to exit 1st and then wait for green LSMA.

m
-Currently at top of Bollinger
-CCI at extremes and position currently overbought
-El OSC and MACD both have +ve bias
-overall very good chart.

c
-Red sea crossing. price now at bottom of bollinger and approaching EMA.
-IFT , El Osc and MACD all have bearish bias.

Plan for coming week

1. Go through Call Wr site tutorials (1 month)
2. Try to set up your own calculator (6 months project)
-use the spreadsheet to enter the transactions that happened so far.
- understand the P&L status of each
- impt is also next month's rollover proposals.
3. Try to work on Book outline.
4. Run 20km !

Review:
1. Finish 20km last week but realise that it's not just running. Need to control diet as well.
2. So far CCs are ok except DRYS but let's see the actual P&L.

Hold your fire

Wait for the time. It's meant to test the strategy. When premiums =ed, then u may pull. Use this time to test the exit/maintenance strategies.

Plan for coming week

1. Clock 20km in my jog.
2. Monitor the CCs.
3. Start thinking about my book which I intend to be available on 24 Oct 2009. An autobiography? An options trading manual ? How to achieve Financial Freedom? Fear vs Greed? Wow, seems a lot of areas can cover but I must really focus. I dedicate this to God, my wife and girl. May they continue to serve Him forever and find life's meaning and joy through Him, the Creator of Heaven and Earth.

We were Briefed.

Yea, indeed, we were briefed it might be a window dressing day. Had to do quite a number of positive repairs.

Went to run @ 11. Great breeze. I want to be really slim and fit for the coming year.

19/5 Trades

Entered CC of CLF & MOS. Abt 6% ATM.

Awaiting DRYS tomorrow even though premium is good at this juncture. Don't want to go for runaways. Prudence in exercising trade will be a long term character requirements for trading.

Going for some other reading now.

13/5 Remembrance

Woode said: To predict is for slave. To react is for Kings.

To those seeing my blog, I am spending less time on the screens. Just 坐山观虎斗.

Let's see how expiration Friday goes.

Help me to be discipline, Lord !

4/5 Task for week ahead

1. Write trading plan.
2. Set up trade journal.