Light day
Posted on November 14, 2005
Tags: Day Trading, Stocks |
Not much action in the market (at least that I could see in the morning). Finished up slightly up which could have been better had I not made a stupid mistake. This mistake pisses me off since I never do it (so why start now??). For some reason I decided to trade OSIP (short), it wasn’t in my watchlist or on any scanner. It was just a stock I read as having news and moving and the chart looked alright. Unfortunately it was a bad idea and I took a 1R loss on it. In retrospect it didn’t meet some of my other checks and balances around volume and other things I look at. Anyways trades today included:
TNS, AVII, BRCDE, LPX, LOW
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One Response to “Light day”
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Yeah those nasdaq’s will piss ya off,that’s why I stopped trading them.Nothing like having 5 market makers pile on ya at once;-)Anyway sounds like you been doing really good sticking to your plan,don’t let it throw ya off.
Cheers