First up the always needed DISCLAIMER: (sheesh)
FOLLOW MY ADVICE AND YOU WILL BLOW YOUR ACCOUNT OUT IN DAYS!!
so, enough of the legal mumbo jumbo
Monday, March 21, 2011
Green + 112
Dow up 177
With the two big up days, it's hard to add a new position. My short (ANF) got close to stopping out.
Other stuff: (kinda) Lost a screen today...don't think it's coming back this time. Oh I fell asleep instead of working the midnight shift this weekend....go figure
EARNINGS: Never a good idea to hold through earnings...that one bad stock can toast a lot of profits (A LOT)
LAW SUITS: Stay away from these! (remember GS)
ADDING TO POSITIONS: Don't just dump a stock. Do some cost averaging, maybe it will help.
FUTURES TRADING: In March it cost all my profits and then some, so I stopped futures trading. The plan was working. That is until April when the 200 point down day and bad earnings (NTY -8.62) again cost me all my profits (save 21 dollars). Then I started trading futures again to get back to the green. So, really, no point here.........?
No comments:
Post a Comment