Well, guess what, another RED day (loss of ~60$) for me! It’s entirely my fault. I had two good winning trades, one in HIG (up by 315$) and one in DRYS (100$). Instead of leaving these two tickers on their own, I decided to play them again and lost money. Not only that, I played [...]
Entries from February 2009
Feb 12th Update aka I know why PDT was a good idea
February 12th, 2009 · 3 Comments · General
Watches for Feb 12th
February 12th, 2009 · No Comments · General
1. HIG – Short. COO Resigned. Pre loser. 2. AIB – Short. Pre loser. 3. DRYS – Long/Short. Pre loser. Positive E/R. 4. LJPC – Long/Short. Biotech company. Lost 86% in pre. 5. FAZ – Trade the Momo. I am going to give FAZ a shot with small position (100 shares).
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Feb 11th Update – Another Red Day.
February 11th, 2009 · 4 Comments · General
Today is my third RED day (lost 100$) in a row. I played RF, FITB, ANX and ARNA. 1. RF – Decent enough trade, made 100$. Though I did not trade as per my plan, I bought only 1000 shares instead of 2000 shares. 2. FITB – 110$ loss. Unlike other financials, FITB tanked BIG [...]
Watches for Feb 11th
February 11th, 2009 · 1 Comment · General
I am not going to be able to run any scans so I browsed through various blogs to find some watches and I mostly like what IL has posted on his blog. 1. RF As part of financials sell off, dropped more than 30% today. For last couple of days, RF was in a rebound [...]
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Feb 10th Update aka You need a trading plan
February 10th, 2009 · 3 Comments · General
Lost another 100$ today. This confirms to me that the 700$ I made with DRYS was pure luck. It wasn’t because I was a smart trader. Anyway, Micheal aka Reaper is writing a series on ‘You Want to Be a Trader?’ and in his most recent post he talks about having a trading plan and [...]
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