Wow! Talk about one hell of a day!!!
This morning I said that I was overdue for a big loss. Well, at 10:44am this morning, I was down $212.20. NEGATIVE! MINUS! DOWN THE TUBE! Those of you who have gotten to know me by following my journal know that I ALWAYS beat myself up when I take a big loss. Well, at that time, I got up, smoked a cigarette (I don't smoke), and just beat myself up. You know, the usual,....."I suck. I shouldn't trade. I'm terrible. blah, blah, blah....."
I got back into it a little after 2pm. I took a profitable flat and never looked back. First, I got short 3.15 with 2,200 shares and made a penny. Then I got short again at 3.14 with 2,400 shares and made a penny. Next, I got short 12,700 shares at 3.13 and covered it at 3.11. I basically covered my entire loss!!
I didn't get the chance to get Net positive, but after a day like today, I was happy to be gross positive. I made $88 and spent about $180 making it. I didn't make anything today, but I sure as hell prevented one hell of a loss!
I have 30 buy executions, 29 sell executions, and traded 179,000 shares.
Tomorrow will definetly be a better day!
This morning I said that I was overdue for a big loss. Well, at 10:44am this morning, I was down $212.20. NEGATIVE! MINUS! DOWN THE TUBE! Those of you who have gotten to know me by following my journal know that I ALWAYS beat myself up when I take a big loss. Well, at that time, I got up, smoked a cigarette (I don't smoke), and just beat myself up. You know, the usual,....."I suck. I shouldn't trade. I'm terrible. blah, blah, blah....."
I got back into it a little after 2pm. I took a profitable flat and never looked back. First, I got short 3.15 with 2,200 shares and made a penny. Then I got short again at 3.14 with 2,400 shares and made a penny. Next, I got short 12,700 shares at 3.13 and covered it at 3.11. I basically covered my entire loss!!
I didn't get the chance to get Net positive, but after a day like today, I was happy to be gross positive. I made $88 and spent about $180 making it. I didn't make anything today, but I sure as hell prevented one hell of a loss!
I have 30 buy executions, 29 sell executions, and traded 179,000 shares.
Tomorrow will definetly be a better day!