Thursday, May 15, 2014

5/15/14

Bad day for me...bad day for the markets.  Blood everywhere.  Did not follow rules and had chance to minimize losses.  Wanted to be right and did not get out with a scratch.  Let it become a gash.

Sold WWE- sold for a loss early in day.  Did not think it was coming back.  This one I did keep loss small and it came back later in day when rumors of deal came back.  Damn

Tried to short AXAS.  Got in at low, then it had one hell of a pop on me.  I moved my stop higher not once but twice.  I screwed it up big time and have to pay for it.  Sucks to suck.  Also should have averaged in to the position instead of going in guns blazing.  Need to remember to do that on lower priced stocks.

Mad about not following rules and loosing money.  I should not have moved my stop.  It would have save me a lot of money.  Need to keep emotions in check.  Glad I had mindset to short in market activity, but bad timing.  Would have been great timing if I bought.  Need to learn from these mistakes and only take loses once from these.

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