Soybean Futures: +175.76
Corn Futures: +37.88
Crude Futures: -136.02
Stocks: -308.50
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Net: -230.88
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This games is a game of inches and/or seconds. I trade the stock KORS a couple of times and lost both times. I had expected it to run after it earnings. I waited a day after ANN earnings. I forgot to watch. I traded AAPL and had a $75 gain and than placed my stop at just above break even. It came down, took me out and went to a $25 loss if I had no stop before making a $4 run. I missed a crude trade by a few seconds and decided to chase. Stupid idea.
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So bottom line - if AAPL had gone up 50 cents more before correctly, if I had used the same battle plan on KORS the next day as I used on the day I did, and if I traded my plan in crude instead of chased - I would have had a really great week (+600) instead -230.
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But I was proud on my grain trades.
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Still a game of inches or seconds or both.
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1 comment:
Aw, it was an extremely great post. Theoretically Id like to write similar to this also - taking time and real effort to produce a good article but exactly what can I say I procrastinate a lot and never
often get something done.
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