9th May, 2013

+ve:
Observed that 40.5 in M5 was not getting blown at all, even though other contracts had come in offer. + there was heavy volumes in M5:M6 1 year spread. Took M6 long, got out through the 1 yr fly, and comfortably held M5 long for 2 ticks.
Main thing is, even though profit actually came in M6 first, it was psychologically easier to hold the M5 position since the bid never got blown.

-ve:
Need to be more efficient while trading reds, especially when I start getting priority fills and suddenly the price gets blown.
Better thing is to hit a price, and always always have some backup to hit.

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