To be honest, Iâve had better days. It started off on the wrong side when I logged on to ET to discover yet ANOTHER in a long series of off topic posts from none other than Magna, the so called moderator! His never ending snide and at times downright rude postings have all but trashed this journal.
Anyway, at 9:37 I entered a gap closing trade, and began to compose a message for Baron to post on the Feedback section complaining about the poor moderating on this board. While I am typing away, the gap failed to close, and the trade went 3 ½ points against me on a 5 lot. Damn-it!
At 10:03 I saw a Shamu setting up on the 31 tick chart, and jumped on it with another 5 lot. What I failed to notice, because I was sending a PM to inandlong asking him how I could contact the boardâs advertisers to complain about Magna, was the Batman on the two-hour nine minute all-sessions chart. Needless to say the pattern overrides the stupid whale signal, and cost me 4 ¼ points, for a total loss of 7 ¾ points before 10:15!
As luck would have it, I missed the reverse divergence at 10:41 when the pizza delivery guy showed up at the front door. Crap!
And thatâs when things really got bad. There it was â price rejection on the 9 minute chart, with a confirming 25 LSMA cross on the 217 tick chart. But Woodie dosenât say anything about it, so while Iâm waiting for the go-ahead from him, that never came, the sucker runs a point, maybe a point and a quarter! I could have made some serious bucks on a 25 or 50 lot trade â but nooooooo, because Woodie didnât call it!
So I asked him why, and he just says: âDidnât see itâ tampaâ. This kinda pissed me off, so I said: âDonât you think you should have seen it?â And he says: âRelax, There will be better trades down the road, I guarantee it.â Well now Iâm really hot under the collar, and I shoot back: âYou old fool, there will be an SEC investigation of this room, and I guarantee it!â
Two seconds later, I was booted out of the room.
Like I said, Iâve had better days. Iâm down a total of $1,937.50, plus another $48.00 in commission. Shit...
Maybe things will pick up this afternoon.