Yesterday and today are very frustrating for me. I made stupid trades, which cost me about 2% of my portfolio. :( I knew it! I shouldn't go against my instincts. The market did correct these two days.
I sold my remaining AC at 307.50 after it gapped down because of Globe Telecom's (GLO) disappointing dividends. I should have sold sooner! :( Sigh. Greediness is killing me. :(
I bought some Atlas Mining (AT) yesterday at 7.8 after it broke out of 7.6 with good volume. Apparently, due to negative market sentiments, this breakout didn't budge so much as of today. :(
I bought (and got whipsawed badly) some IPVG (IP) at 2.40 due to breakout. But heavy volume sellers marred the rise. I'm so frustrated that I didn't cut this sooner. :(
I noticed PX was the play today. But instead of riding it, I chose to buy a minuscule CYBR instead at 0.70. Arrgggh!
I'm so frustrated! I'm getting emotional with my trades. Emotions would kill me. On the hindsight, I think I even over-positioned myself despite having this kind of market. :(
Composition:
EDC = 28%
GMA7 = 19%
AT = 16%
IP = 11%
CYBR = 6%
Odd-lots = 3%
Cash: 17%
Showing posts with label hindsight. Show all posts
Showing posts with label hindsight. Show all posts
Saturday, August 8, 2009
Friday, July 10, 2009
Got bored today...
I didn't do anything today; I just watched our listless market whipsawing here and there. We're nearing 2,500 already! I was initially tempted to day trade Oriental Peninsula Resources (ORE), but decided to withhold my itchy finger. Whew! :)
Hindsight:
I have to admit it was my greed that prevented me from riding SCC.

I wanted to buy at 31 because I thought it would fill the gap before bouncing because it was already oversold. But it didn't. 31.50 was the most recent low, and I missed it by just a fluctuation! ARRRGGGGHHHH!!!!!!! That's 27% down the drain!
Hindsight:
I have to admit it was my greed that prevented me from riding SCC.
I wanted to buy at 31 because I thought it would fill the gap before bouncing because it was already oversold. But it didn't. 31.50 was the most recent low, and I missed it by just a fluctuation! ARRRGGGGHHHH!!!!!!! That's 27% down the drain!
Labels:
hindsight,
market commentary,
ORE,
SCC,
trades for the day
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