Second worst game of the month to open up the final week of August. Should never trade against the clock, I had an appointment this afternoon at 1PM and I managed to more than double my deficit from 11:00 to 12:30 in a fruitless attempt to cut into that loss. What was a minor scratch turned into a serious wound as I was crushed with a few horrendous trades.
I am back in the red for the pay period, down $100 to be exact, it is hard to believe that I will mail in such a broken game going into the final week of the pay period. I have 4 games left to do something with August. Make or break, I was just upgraded to 3000 share position limit and 16 positions, needless to say it will take a very long time before I can actually make use of that.
7000 shares on 1 of 6 shooting, -443 before commissions, -473 after, no bullet.
Pre-Market: Nearly non-existent news
9:30: Feels like crap volume out there, almost the same way Friday started. Took RIG long and out flat, took SGY long for a dime scalp, as OSX strength quickly faded. Took MMC long on IUX strength, horrendous trade as I did not stick to my hard stop, lost 50 cents instead of a quarter point.
10:00: Shorted PGR on IUX weakness, horrendous trade as I did not stick to my hard stop, took a 20 cents profit instead of a sweet full point smooth as silk tank. Took RIG again and got hit for 15 cents on a fake OSX rally. Churned IRF left and right. Churned DNA left and right. Took PGR long bottom pick, I don't do this kind of plays anymore, I was so desperate, I was smoked for another half a point as for whatever the reason my stop did not execute. It can get a lot uglier from here, but I have to go to that appointment and I am not going to create a nastier wound.
It wasn't easy, but for whatever the reason, I took too many rushed shots today, and as a result, worst game of the month. Swallow this bitter bill, tommorrow is another game. Composure, composure, composure, I have no idea why I pulled my hard stops, there weren't much volume and I thought stocks were playing tape games, but those stocks never trade big prints, can't wait for tommorrow's bell, I shot myself in the foot today . . .
I am back in the red for the pay period, down $100 to be exact, it is hard to believe that I will mail in such a broken game going into the final week of the pay period. I have 4 games left to do something with August. Make or break, I was just upgraded to 3000 share position limit and 16 positions, needless to say it will take a very long time before I can actually make use of that.
7000 shares on 1 of 6 shooting, -443 before commissions, -473 after, no bullet.
Pre-Market: Nearly non-existent news
9:30: Feels like crap volume out there, almost the same way Friday started. Took RIG long and out flat, took SGY long for a dime scalp, as OSX strength quickly faded. Took MMC long on IUX strength, horrendous trade as I did not stick to my hard stop, lost 50 cents instead of a quarter point.
10:00: Shorted PGR on IUX weakness, horrendous trade as I did not stick to my hard stop, took a 20 cents profit instead of a sweet full point smooth as silk tank. Took RIG again and got hit for 15 cents on a fake OSX rally. Churned IRF left and right. Churned DNA left and right. Took PGR long bottom pick, I don't do this kind of plays anymore, I was so desperate, I was smoked for another half a point as for whatever the reason my stop did not execute. It can get a lot uglier from here, but I have to go to that appointment and I am not going to create a nastier wound.
It wasn't easy, but for whatever the reason, I took too many rushed shots today, and as a result, worst game of the month. Swallow this bitter bill, tommorrow is another game. Composure, composure, composure, I have no idea why I pulled my hard stops, there weren't much volume and I thought stocks were playing tape games, but those stocks never trade big prints, can't wait for tommorrow's bell, I shot myself in the foot today . . .