trading story:
get to the office and its 820AM EST;still half asleep, haven't had any coffee.
check ZN and I see its trading up.decide to go short and short 4 @ 108'150.The number comes out and I see ZN is trading at '050.
Being half asleep I think nothing has happened, I have no profit and there was no reaction to the number.This continues for a few minutes until I suddenly realise Im up '100.
Im still sleeping I don't realise its '050 and not '150.
result end up covering at 108'060.
+1123 for the day.
ACTION QUANTITY CONTRACT PRICE EXCHANGE EXECUTION TIME
ZN FUTURE MAR07 New
BOT 1 MAR07 FUTURE
108.421875 ECBOT (USD) 10:35:03 EST on Tue, 19 Dec 2006
SOLD 1 MAR07 FUTURE
108.4375 ECBOT (USD) 10:28:52 EST on Tue, 19 Dec 2006
BOT 4 MAR07 FUTURE
108.1875 ECBOT (USD) 08:35:36 EST on Tue, 19 Dec 2006
SOLD 4 MAR07 FUTURE
108.46875 ECBOT (USD) 08:28:16 EST on Tue, 19 Dec 2006
blackguard