Marketgeometry

Wednesday, June 30, 2010

Wednesday -- another day another idiot move by me 6/30/2010

Big mouth stock above with the details
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I tried trading RIG. I got in when it broke out of its opening range at 47.20. In seconds, I had a 16 cents gain then a 5 cent loss then back to a gain then loss and when I had a gain again - I took it like an idiot. The stock then ran 80 cents where I lost my stomach during those few seconds. I was in the trade a total of 45 seconds. I need to place an order where an emergency stop and walk away.
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The trade off the oil numbers did not trigger after setting up. I swear I will get to and take that trade one day.
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The numbers:
Stocks: gross +56 net +44 shares 2400
Stock Futures: none
Forex: none

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