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Friday, October 21, 2011

Missed 2 golden opportunities, took 2 losers, and broke even.

Not a great day for P&L but did learn a bit today.  Most important to take away as im finding with my main style is tight stops as it either works GREAT or fails great.  Fast on the trigger allowed me to take a losing day like today and only give back some but still very conservative on sizing, here are the trades:

POT - Short that failed, took off B/E

NFLX - long and stopped out, then missed a text book setup

MELI - Missed opportunity but papered to learn

OXY - took bounce long but failed

FSLR - Frickin Lightspeed, tried to short but wouldn't let me, gotta figure out what that was just papered another missed opportunity

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