Tuesday, February 19, 2008

Tuesday 19th February 2008

Got destroyed in the A/H by Crocs. Don't know what I was thinking (I guess I was getting bored with scalping) so I took a small position in Crocs just before the close. Instead of getting out when I had the chance, I decided to go long. Got crushed. And to make it worse am still holding 700 shares at $29.69.

$-1250

3 comments:

Anonymous said...

i got crushed too ah in crox as well- bored after slow trading day- then went nuts and smoked in 5mins both long and short in that pos. we should date.

OONR7 said...

is holding overnight part of your trading strategy? I've been burned before and will not do it again. But... you've been on a bit of a roll so you'll have no problem making it up. Peace.

EquineTrader said...

It is NOT part of my trading strategy, in fact it breaks one of my rules. For some reason, I just feel burnt out from scalping all day for the past two weeks, that I wanted to try something different. I've been crushed, massacred, slaughtered the past three days. Scalping is what I'm good at, scalping is what i should stick to.