Monday, November 7, 2011

OCT

I lost -$24,266 for the month of Oct. It was originally over 40k, but I made back 16k during the month. I was long way too much when we hit the lows Oct 4. My phone rang pretty much at the exact bottom and I had to answer my margin calls.

I have not made many trades of late, just holding a bunch of stuff, like GOOG!!!! Which finally broke out today.

I am still up 84k for the year. I hope I can be up 100K at the end of the year!

I like SODA here at 35, I am long a bunch and will buy more when I have some cash. Also AMZN looks great here at the 217-218 base.

Add: Was long PCLN into earnings, not many shares, but still it fell hard to 475 and then all the way back up to 521. Not a trade for the weak hand.

5 comments:

  1. You must love your losers as much or more than your winners. Dealing with your screw ups are much more important than your winners. Do you feel better? I hope so. Good trading going forward.

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  2. Very true my friend. I am fine with it. Tks!

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  3. you gave up updating this?

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  4. Great and informative post. Thank you for sharing it to us.
    Gold Rate

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  5. Thanks for sharing your experience about forex trading.. I like your post so much…

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