iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Trade Recap

What a week it was in the market. I, myself, did not perform like I should have after mucking up a $NUGT trade. Funny thing is, had I held, I would be green in the position. That probably is my biggest flaw in trading, patience.

Not only did I lose money on the NUGT trade, but the trade messed my psychology up. I had the right idea, but poor execution, which made me timid on future trades in the week.

Then I see stocks like WPRT off to the races, one I have been stalking yet stopped out on, which adds fuel to the fire. Right idea, poor execution, no cigar. This game can be tough.

This market has a very “trappy” feel to it. I’m playing small and tight. So tight, that’s it’s not worth me posting my trades here on the blog. I’m going into the weekend in almost all cash, only one position on the books, and that is a small $ANR long.

Have a good weekend everyone.

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