I go under the secret identity of RF. I have "voices" in my head that tell me to buy stocks. When I sell my positions, they immediately shoot up another 15%, just to play games with me. I can't explain, just follow and watch the mystery. I have been trading for 7 years and I hope you enjoy the blog, as well as get good ideas. I also invite your comments and views. Feel free to comment or e-mail me at trade247@gmail.com. All positions posted are taken by me in my personal account or account that I manage; however, are not investment recommendations. See disclaimer below. Thanks and enjoy!
Sold FAZ at 27.98 - what a painful admission of error! But not quite as painful as the guys who bought it from me and rode that puppy all the way down to 19.14! Sometimes you just have to admit when you made a mistake, cut out, and live to fight another day.
FYI - this is a lesson in NEVER shorting through the weekend, you just don't know what can be announced or happen. Fortunately for me, I didn't invest a lot in it, and only lost $100. RF timed it right - I held on too long.
Bought 15 FZA at 33.99
ReplyDeleteSold FAZ at 27.98 - what a painful admission of error! But not quite as painful as the guys who bought it from me and rode that puppy all the way down to 19.14! Sometimes you just have to admit when you made a mistake, cut out, and live to fight another day.
ReplyDeleteFYI - this is a lesson in NEVER shorting through the weekend, you just don't know what can be announced or happen. Fortunately for me, I didn't invest a lot in it, and only lost $100. RF timed it right - I held on too long.