Well, today is my 4th trading day and I think I screwed up COMPLETELY. I was holding two stocks from last time. CSK – Not much movement. Opened at .20 closed at 0.15 Down by 16$. ABK – Here’s where I screwed up bigtime. My entry price is 3.68. ABK was hovering around 3$ with [...]
Screwed up. Completely.
October 8th, 2008 · 4 Comments · General
Standing on the side
October 6th, 2008 · 3 Comments · General
They say that standing on the side and not trading is one difficult thing for a trader. And that’s what I did today! Last Friday, I thought that once the bailout will pass, market will rally on Monday and so will ABK and it will make me rich. Guess what? Today, market tanked and so [...]
Second Trading Day
October 5th, 2008 · 3 Comments · General
Yesterday, I had messed up by doing too big a trade. I was hoping to correct that mistake today. I was watching ABK closely to get out of it as soon as I can. ABK gaped open nicely and slowly but steadily kept climbing. One thing I did was I sold 300 shares of ABK [...]