If you only held you would be up 1700 today. But then again, you might not have sold your SEED and lost it all to the chinese.
Im short SMRT @ 6.56 Stop loss is @ 6.70 Will start to plan to cover at 6.30 or 6.25 if it hits that tommorrow, but I'll let you know if i cover higher or lower.
Long 400 shares of KLAC @44.58. Target 51 Stop 40.50 will trail the stop and move to break even should the stock reach 47.
you know, i don't mind losing on a trade if it was the right call, but you're right peil, if I'd just gritted my teeth for a bit, it was coming back my way. Thats the worst thing about it. Like I said on the other thread, I plan to reduce position size and climb back on the horse .. Good fortune to all (and myself too I hope)
Please don't think like that. That is EXACTLY how you get into BIG TROUBLE TRADING. Trading via hope is not a profitable strategy. There are still people hoping CMGI will get back to 200, and TIE back to 80. The trade is over. You lost money. No big deal. If your method is good you will make it back.
Just got out at and average price of just under 6.29 It looks like it has more downward momentum but i want to take the rest of the day off and not watch it all day hehe.