3/26/14

All markets ended the day red.  Looked like they were recovering early on but then the carpet got pulled from under them.  Now i have to expect that this downward trend will continue.  Was not following very closely today, I was trying to prepare my tax returns.

OH-thought about selling FSPM but decided against it.  Prolly will regret later on, but would have been at a loss.
Did sell my position in GRPN- finally got rid of this junk.  I held through earnings early this year and they sucked.  They lowered projections and stock is not near recovering.  Will be decision time on if I want to transfer to IB account or not.  Has few days to settle so will think on it.

IB-only sold a few positions and added one.  I started looking and I really have too many open positions.  All new positions will be day trades or overnight gap plays, which will most likely be minimal right now.  Need the markets to bounce back, can't help but fell just a rough week.

Closed FCEL-had super close yesterday and continued afterhours but then tanked premarket and today.  Got out for a loss.  Little quicker loss than I typically have been, little progress there.

Opened a position in STEV-another part of the wolfpack.  Giving this a shot too.  Think I'm booty blinded by there past picks and have not been easing into them enough.  Need to remember I'm getting pick a day or so after they have their money in.  More or less pumping the stock.  Will have to be carefull on when to sell.  Already burned bad on ICBU pick.

Did a day trade on ISR.  Had a strong morning and I bought when it started creating new highs.  I screwed up the stop loss and tried to put one in but couldn't get IB to accept it.  Ended up putting in another buy order hoping only the stop loss would be activated by only clicked transmit on the stop but the order went in and executed immediately.  So my position was twice as big as I wanted.  Then I got stopped out as I kept it pretty tight.  Loss should have been half of what it was.  Just how my trading has been going last few days.

Most likely staying on the sidelines for most if not all tomorrow.  Need to recoup, clear my head, start getting disiplined and complete my taxes too.