Just a note for myself here. My acct balance as of right now is -15R.
Is that bad? Is it good? I dunno, but I can't change it by worrying,
so it just is. I cannot sit obsessing about the money, instead I should
concentrate on making good trades and the results will follow.
I might try and recap my trades from Aug, if I can define which ones
those are (ones starting in Aug, closing in Aug, open, closed, etc)
I had a losing trade on CTRN of 2R. That was big and dumb. Did not buy
at a proper buypoint. I tried to average down, but also got shaken out
before it recovered.
IGT I had a small loss of 0.15R from a proper buypoint.
SWN was a momentum play that turned bad. Lost 1R in 2 days. It was
not at a proper buypoint but a speculative Nat Gas play that didn't
work.
TRMB lost 0.5R off a proper buypoint and watched it go up 5% before
that. Should have maybe upped my stop to breakeven in this tough
market.
SIM lost 0.36R on a speculative play on a volatile stock. Bought right
below the resistance level of a new high and it bounced back down.
GE short lost 0.8R
PZZA short lost 0.5R
LEV short improper buypoint. Lost 0.9R
So I closed out 8 losing trades and no winners with a loss of 6.21R. At
the moment I wave 5 open longs: BTJ, BTU, FUEL, WEBX, IMKTA
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