Got destroyed in the market today. Started out good then got smoked, and market ended up about even for the day. I on the other hand did not end up even. Limited action from me, mainly just watching my account shrink in a sea of red. Since market did bounce maybe tomorrow will be better. Must have only been big names bouncing because my small caps were smoked. Fed meeting tomorrow and that will send market in one direction or the other. Don't expect any changes from them as far as easing goes, but I don't know what that means for the markets. Just know it will effect them overall. Picked up another one of Superman's plays for relatively cheap. Time will tell if it was cheap or not as always. I should be in way more cash than I currently am and not as effected by these swings nearly every day.
Bought PME right around 3. This is the superman pick mentioned before. This baby had the bottom drop out right after I bought. Would have taken out my stop loss if I didn't move it lower. Broke the rules, but superman's swings take time to play out and market was getting destroyed. I have faith in his picks pulling through.
Sold WTSL for a loss. Seemed like all retail was down and hit my stop loss. Failed pedone pick, did not get the breakout I was looking for and he wrote was set up. Stop loss did save me from another 5 cents of downside. Decent percent considering I bought at 1.25.
Hoping for a massively green day tomorrow to trim down on positions for future market swings and make up some lost ground today.
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