Biggest losing day of the year today...

Discussion in 'Trading' started by GreenDog, Aug 11, 2003.

  1. Hey... it's just part of the business...

    Go out, have a beer, eat some good food, go home, rest and another day starts...

    No big deal... Shit happens.
     
    #11     Aug 11, 2003
  2. somtimes the best trade is no trade
     
    #12     Aug 11, 2003
  3. Yep, cash is a position.
     
    #13     Aug 11, 2003
  4. I had my worst day in a while too, -53 Ym points. I got all used to the chop and then the trend took me by suprise this AM. I swear I need to recognize these trend days early, and trade them like I know how.
     
    #14     Aug 11, 2003
  5. Nordic

    Nordic

    That's what I figured with 5,000 & 10,000 a pop. Really miss that book view.:mad:

    8,896,591 share of QQQ on Island today
     
    #15     Aug 11, 2003
  6. Don't trade in this environment. Take a (forced)vacation. I personally decided that I will never trade the stockmarket between July 15 and August 15 unless dislocation, like last year or 1998.
     
    #16     Aug 11, 2003
  7. If you were trading 5000-10000 shares, then you had a 80 cent losing day, thats to be expected occasionally and since you already have had plus one point days you should be very profitable in the long run, especially in light of the 18 out of 20 winning days, keep it up sounds like your doing great
     
    #17     Aug 11, 2003
  8. Absolutely!

    Nothing like the smile on my 3-month old son's face to wipe away a bad trading day!:cool:

    ... that, and a stiff gin martini or two!
     
    #18     Aug 11, 2003
  9. wrongway

    wrongway

    How long have you been in the QQQ's???

    You are brave in this market to trade size in the q's.
    Take the good with the bad
    :D
     
    #19     Aug 11, 2003
  10. I thought it was just me this month has been really bad except maybe at the open. I am getting chopped out left and right. Most of the money is being spent on commissions.
     
    #20     Aug 11, 2003