Long
SSO.. feb 23 call @ 2.15
BDK.. feb 40call @ 2.50 Had high hopes for a scalp here.
Didn't quite work out and missed EOD so setting tight stop.
Actions:
Closed LEAP feb 25 put @ 2.75. Bought it on 1/14 @ 1.70.
I missed the big money in this trade cause I was over invested and under capitalized keeping me from closing where I wanted to, at the bottom. I had only overnight funds and I can't trade those on my account.
This is exactly what the pros are talking about when they say a big reason people lose money is from being under capitalized. In a worse situation it's possible to lose everything. Point here is ...Listen to the people who know what their talking about.
Other:
The SSO I bought right at the bottom Fri thanks to a comment on Twitter by Gio over at ibankcoin.com
Here is comment I left him;
elditto Says:
Again, thanks GIO. I was home for lunch when you posted that. I thought for sure the market would go up Fri. and when it didn’t was sorely disappointed. Then I heeded your call and bought a bunch of SSO. Guess it went up after all. I want one of those crystal balls.
It's always nice to thank these guys when you use them for whatever reason. Let them know they are read and greatly appreciated. Especially when they make you a bunch of money, LOL.
DXO.. Missed @EOD but have it on a limit buy for Tues open
I want to try and get short CECO Tues also. (from zstock7.com ) Another very good trading site that has made some money for me.
I'll be posting the sites and people whom have helped me for the benefit of my fragile memory and anyone else whom it may interest.
It's also a good way to keep records for myself of people, places and trades.
