Opening Orders - 2009

Kept the hand grenade in my pocket, lol.
9 fills, 8 longs, 1 shorts, 7 winners, 2 losers, -0.26 average.
Lost 1/2 of my monthly profits on only one: LNC, over 2$ per share loss. PRU also bad.
Just did not cut it fast and rode the thing all the way down. Even averaged down. My fault. It seems like I need one like that every once in a while to understand.
 
Quote from total_keops:

Kept the hand grenade in my pocket, lol...
Note to self:
0- Accept losses as part of the game.
1- Don't average down, no rebuys.
2- Dont ride a losing stock, cut suckers fast.
3- Be torought, keep your eyes glued on the screen. The tape is reality.
4- Be torough on the news. (did not cut all insurers on ALL earnings, THE mistake this morning).
5- Forget wishfull thinking.
6- Play the numbers.
7- Watch out for overconfidence.
8- Enjoy what your doing and have fun or walk.

Good luck everyone.
 
January monthly review:
Played 14 days.
24 longs, 26 shorts, 42 winners, 8 loser. +0.03 average.
Would have been decent except for yesterday :(
Still a good month though.
 
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