The S$P lost ground for the week, and I broke almost even. Counting commissions(but not IBD renewal) I came out ever so slightly ahead of where I was Tues morning. Could have been a great day, but I got stuck in DUG, and we all know what that meant for me. Ouch.
I tweeted a message yesterday commenting on how ETFs were nice for day trading, but that I preferred individual stocks for swings, or overnights. Still the case, the carnage today on myself didn't change that, but I should have known after all of this volatility lately, not to hold anything without a tight stop if going to be away from your computer. I didn't put a stop on my DUG position. Big, Big, BIG mistake, and I know better. Yesterday I had it set for day only and got in a rush this morning and spaced it. Had I been aware, as I should have been, I would be writing happy notes right now.
Still holding DUG and CECO puts.
