Picked up a nearly useless DRYS Long position.. microscopic.. something to break the Monkey on my back with this Stock. How about them commodity stocks! JRCC, ANR, POT, CLF, AKS...
Or whatever they are called.. What's worked will continue working until it stops working.. Still.. a run to 1400 not out of the question towards Ben day end of Month.. which should be an ideal selling op.
Well, week was going well till I did the usual this morning.. uprooted LEN and RYL at their highs.. re-shorted 1/2 RYL a buck lower later.. Markets have an eerie ability to wait for me to make a discretionary, emotional trade, then spitefully go in the favor of the trade.. VERY QUICKLY.. They are trying to teach but I am not learning. A $2500 error. A good week, but I keep waiting for what will de-rail the progress. That SP Wedgie sure worked out. I got rewarded for taking the risk shorting around SP 1370 as that bar failed. The deafening noise almost prevented it. Should reduce my listening. Did not look at Account balance all Week and plan to do so from here on. Once value is known over weekend.. that's it for the week.. No more money watching. Good Weekend..
Covered RYL 31's Sold SKF 118's may rebuy over 121 Bought RES Low 16's Bought TSL (Solars haven't fried me enough;-)) Mid 41's Bought MTL 142's
Sold TSL .. Mid 43's Sold MTL .. Mid 141's Rebuy 135's? Trigger Bought UAUA 24.6 ouch.. Gap and Craps not good with triggers.. Under 22 when I found out.. crisis management added 22.5.. Sold FXP.. Not trading this anymore.. too "gappy" and crazy due to China connection. Bought CSUN.. High 8's Trigger Bought SPWR.. 93, added 94's Trigger Bought JRCC 21.38 Trigger Bought AEM 72.2 Feel like a mutual fund.. Weeding soon.
Maybe there is an Ameritrade app out there that could have avoided this by simply not activating trigger first 1/2 hour of trading, then require last>open to take trade.. Breakout happened and failed.. Will reverse short if it breaks lower line.. Historically tomorrow "should" be a white day.. problem is "from where"? I am due for a reality check anyway..
UAUA as expected.. came short by .2 of selling.. hopefully another white day tomorrow.. 2 nice identical lows to use as stop. DAL due for some strength.. Sold SPWR.. 99.5 Bought DRYS (Looked at it 2 days ago - 1st white day AT support but wasn't exiting enough??.. well now it is), Trigger Long NM.. not a good trade.. hell at 11+. Veritable Mutual Fund.
Sold NM 11.05 Sold UAUA Low 22's.. opportunity cost Trigger Long ICE mid 153's Bought HMY 11.95.. Holding.. DRYS, RES, JRCC, ANR, AEM. Someone must have laid an egg on Solars.. dodged a mine with SPWR.. may short it under 84..