mate it is not the way i look at it - but i think u r right. C every1 develops 1's own style
my pos here is quite simple - it is 50% fib of the retracement, and I am long a June strangle of 1100 puts and 1150 calls. I did not just lift the offers on the components - worked them a bit to my advantage . which means funnily enuff - I don't know where its going to go from here - so I want to bank either way
btw we r done here - our little expiry is midnight tonight - I am starting a new thread with a similar name hope u all had a good Q1 - and best wishes for Q2!
btw u know that alleged City yardstick for traders: "a trader is as good as his last trade"? I personally disagree with that. IMHO a trader is as good as his yearly P/L. Still, a quarter is a good time span. Looking back tonight I realise that if I was sharper (as I shud be) I cud rack up at least 25% more. Just basing on the system I am trading on. But...... we r just humans...... and we DO need some time on the beach even if it comes at the expense of some unearned profit Overall no regrets and a brilliant quarter! let us keep up good work!