After a LONG break, I finally made a trade today and it turned out to be a loss! 
I played SAY today. It was moving up fast in PRE and kept up the momentum at OPEN, so I went LONG 1000 shares at 2.13. It quickly went to hit high of day of 2.21 and started tanking. It came back up to 2.10 and I felt that volume is dying so I got out at 2.10 for 40$ loss.
Even though it is a loss, I am not too worried. It allowed me to experience IB’s Trader Workstation Software (TWS). Even though TWS looks lousy compared to TOS’ software, I think TWS is very functional. I like the ‘Close Position’, ‘Reverse Position’ buttons. I think I need to spend some more time and master the software.
Status as of end of Jan 26th:
Positions closed for Gain: None
Positions closed for Loss: SAY (40$)
Open Positions: None
2 responses so far ↓
1 Harris C // Jan 28, 2009 at 12:02 am
No worries JD, you are just a bit rusty and should make that up in no time.
Happy Trading,
Harris C
2 RJ // Jan 29, 2009 at 12:40 pm
Hey Harris,
Thanks for stopping by. Yep, I am not too worried. Just need to give myself time to get back in to groove!
Leave a Comment