Updated the 'Quick Summary' post on the first page. Check it out if you are interested in Options/trading. I will be updating it some more over the weekend to make the journal more accessible/easier to navigate.
Was stopped out of JDSU as well. It got smoked on its Earnings Report anyways. Really rough effect on my trading account. Market moved higher but I was stopped out of like 5-7 positions in a row.
I haven't been trading as much recently. In fact I thought about it and I'd define it as (non)trading on tilt. Basically, I had stops set for my positions, so I completely stopped watching them and allowed them all to be stopped out one by one. Basically I was doing ostrich effect hardcore. I've done this previous times during my trading career I realize. I will have to tackle this.
Only one position that is still open at the moment... STP.
It was retracing recently but is up nicely today (20%):
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Stepped away from trading for a few weeks. Of course, when this happened, STP got delisted. I had a GTC stop order on STP but that was based off of free-commissions which ran out like 11/1/2013 and so instead of charging me commission for the trade, the brokerage canceled the trade completely it appears. Nothing like opening up your account after a few weeks and being down $800 after thinking that you were out $600 ago.
Anyways, gonna be looking at the markets this weekend and get back into the swing of things. There are murmurs about the ability to work from home @ my job. If this is a potential option in the future, I want to be ready to fully integrate trading into my work life and as a source of income. If I have more time at home, I will look to potentially transition into Futures trading down the road. I am intrigued by the tax benefits, and the ability to consistently bring in a profit, but I am concerned about the idea of having to 'force' trades instead of waiting for a set-up in the +250 stocks with penny-increment option spreads.
That really isn't a concern that is relevant at the moment though. That is at the least, a good 6 months down the road.
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Looked at a few stock over the weekend but they were all potential trades with longer term expectations for my Roth IRA. Luckily I have Thursday and Friday off for the holidays. Staying in Chicago, so I will look to really hit the charts and get some DD underway as long as I am not too hung over.