Wednesday, April 15, 2009

GS and my bad tuesday

Yesterday took a bath on GS. Went long 300 shares at $124.50 and got stopped out for a $2200 loss. Was able to exit C and WFC in the first 30 minute for profitable trades then decided it was time to switch gears and buy FAZ. Which was a goo idea. Sold it to soon also. Yesterday i was trading off emotion. This probably because i had my best day ever on Monday trading. In fact this has been my best month ever also. Cleared out close to $60k in profits. Not bad for no CNBC, Internet that is coming and going and Nicaraguans asking me questions and interrupting me.

Gonna day trade for the next couple days. Can't really see a trend yet. Gonna build a position in C. Also HAL, VLO, and LVS are looking nice also. Any pull back i may add to swing trades. The banks have gone up so much that the overbought stochastic is off the Richter.

Adios

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