tampa's "short skirt" trades...

Discussion in 'Journals' started by tampa, Sep 28, 2002.

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  1. Ditch

    Ditch

    Man, don't you see this is another hoax?
     
    #191     Oct 7, 2002
  2. dottom

    dottom

    The thought had crossed my mind that this entire thread was a hoax. If Tampa has blown away six figures+, why is he getting so bent out of shape psychologically over a point here and there on a single contract?

    But I thought I'd give him the benefit of the doubt. In case he really does need help.
     
    #192     Oct 7, 2002
  3. tampa

    tampa

    Multiple...

    the 141 was the total number of contracts.

    the 37 points = $1,850
     
    #193     Oct 7, 2002
  4. tampa

    tampa

    Get a life...
     
    #194     Oct 7, 2002
  5. tampa

    tampa

    So you never had a wild and crazy day? Lucky you!

    Am I a happy camper? Hell no.
    Am I devastated? No – just kinda pissed.

    Today was a textbook example of at first trading out of boredom, and sustaining a relatively small loss. Followed by some revenge trading with increased size that turned in to a far more serious loss (-47 points, total) Followed by scared trading with even more size (reducing the loss to –37 points, total.)

    Actually it would not have been all that bad had I not stupidly done something I just never do – reverse. None of the losses were that big – a point or less in most cases – one and three quarters being the largest.

    We are talking classic over trading here, folks – period.

    None of the trades this afternoon came close to following my plan. They were of the “gut” kind – my “gut was out of sync with Mister Market.

    So what am I going to do about it? Would you believe: Try harder.

    I mean come on people, what else can I say?

    To say the least, this is more than a bit humiliating. Though I am far more ticked off with spending $676.80 in commissions than I am with the $1,850 point loss – go figure.

    So I put my head down and plunge (oh, bad choice of a word) ahead. Put my nose to the grindstone (should have done that after a grand or so), and see what I can do about this mess. It’s not the first time (I am sorry to say), and I usually recover.

    Days like today always insure two, maybe three days of highly disciplined sound trading – damn, I wish I could figure out an easier way of accomplishing that same thing.
     
    #195     Oct 7, 2002
  6. nkhoi

    nkhoi

    I don't get it, it take only a couple of round trip for me to end up at the same place as your are, other than that I am watching a re-run of my own trading so let's bow our heads and pray, "(fill in your favorite top guy), give me the strength to keep me away from overtrade temptation, give me the knowledge so I won't repeat the same mistake time and again".
     
    #196     Oct 7, 2002
  7. Hendrix

    Hendrix

    Is it me, or does something not ring true in this thread?
     
    #197     Oct 8, 2002
  8. tampa

    tampa

    Amen
     
    #198     Oct 8, 2002
  9. tampa

    tampa

    Oh Hendrix - how did you ever figure it out?

    I spend all of this time just to goof on YOU!
     
    #199     Oct 8, 2002
  10. Hendrix

    Hendrix

    I dunno tampa. I guess I'm just struggling with how you can go from this......

    to this......
    in the space of a few hours.
     
    #200     Oct 8, 2002
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