Tough tradin', no liquidity for size. Quote and routing probs all day too. Was in the red for about 80% of the day. MTM is about $600 more than realized, across all accounts.
got kicked in the balls today.... -$90...oh well..tomorrow is another day. What's important is I learned a few things.
I got crushed by a big huge ball. Exactly -$3000 for the day. A huge chunk of equity in my account is gone.
+321 today. New best day ever again! DPH was great today (at times) because it was doing the same things I described last week (specialist moving down 500 block for 10+ cents) and i managed to catch 2 of the big moves. So i was +501 on that, but my opening was really bad today and i started down around -150. Things have consistantly been getting better and hopefully this will continue.
Whats a big huge ball? Also, what instrument/sizing were you using to lose 3k, being that you say that is a huge chunk of your account?
Big huge ball is the big huge trend up. Shorted 10 cars of YM and watched it lose money all day. I added onto a loser as well. (What else do ya expect?) I have real trouble trading on days when there is a huge pending news. I had the "it is about to go down anytime" mindset and shorted it the whole day. One very bad thing to do.
Sorry you had a big loss Ripley. Myself, I'm up 6 bucks. I don't really think that makes anyone feel good, but I'm not in the red, so I'm happy.