Sorry that I am getting lazy about posting. I spend the about 1-2 hours with two readers discussing and trading stock using skype. You are welcome to join us. I try to start the day at 6 and by 8 I have to leave for work (Pacific Time).
Anyhow, yesterday one reader wanted to buy SKF 121. I said no, I am shorting SKF at 121. The short did not work right away. Later I found out, I had 5 pts profit selling at 116. I cannot watch the market all day long. When I place an order, it has an stop loss exit and a profit exit. In this case the 5 pts profit exit hit.
What happened to the FSLR trade? I was greedy and put in tight trailing stop instead of letting the trade play out. My emotion was in control versus my strategy.
Friday, September 12, 2008
Been Awhile
Posted by Unknown at 4:27 AM