Friday, December 5, 2008

HIG Daytrade: Got screwed again, damn this sucks


I am a moron for even being in this one on margin. I lost a good 3% of my portfolio. and the thing ran 40% after I got out. I would have made over $3K, instead I took a $300 loss like an idiot.

I was doomed from the start as emotions overcame discipline, I had no place for a stop and just tried to catch the momentum. I should have at least waited for an entry on the 1m. Dissapointing this name ran 40% after I got out. Oh well, there's been more and more of these close calls so I think I'm getting close to catching one.


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