Confessions of a successful trader

Im a little short on ideas this morning. I can buy orcl just above 21 and i can buy a lot if it were to get to 20.50ish.

 

Ok, im definately buying the ORCL, would like to get it near 21, but will pay up a bit if necessary. Also looking to short some SNDA.

 

filled 21k orcl at 21.41, bidding more there and lower but will cancel those orders soon

 

paid up for more orcl, now full on the position w/53k shrs at avg 21.56

 

added one last time orcl, now really full at 85k shrs at 21.57 avg. I shorted 4k of the snda and the tape quickly told me i was wrong so covering it for a loss.

 

still been adding to the orcl all the way down, now at 117 shrs avg cost of about 21.55, will try to hold all day as long as mkt is supportive

 

Initial target on this?

 

target is 22

 

What a let down, I guess the thread title was just a teaser. Your thoughts or beliefs aren't confessions man. I was expecting something like " after my first great month I paid three girls from hooters to fly to cancun with me and then a few details".

 

Question1: If you were flat right now would you want to get long Oracle?

Question2: If the answer to number 1 was no are you a good enough trader to get out?