Marketgeometry

Monday, May 10, 2010

Not again 5/10/2010


The first chart is the Big Mouth Stock and it worked great.
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My screw ups for the day:
1) I shorted the Big Mouth Stock perfectly but with only 1/3 size and never added.
2) Got stopped out of the Big Mouth Stock when I believe my stop was triggered in error.
3) Got stopped out of my EURO short when I entered 1.2889 instead 1.2898 - the high tick on the counter move was 1.2893.
4) Did not keep my cool when trading RIG. It was too crazy for my stomach.
5) I forgot to cancel my second order for RIG so I got to play again an panic again.
6) Thinking the market would break down later in the day. I long on the QID on top of the day tick.
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I am just glad through all of my screw ups today - I only lost 165. It could have been a lot worst. If I did what I should have, I would have made about 800 on EGO, made 300 of the EURO, made 600 on RIG, lost 150 on MOS and lost 200 on QID for a total plus about 1300.
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The numbers:
Stocks: gross -155 net -195 shares 8000
Stock Futures: none
Forex: gross +35 net +30 1 full contract

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