Wednesday, July 1, 2009

Trades 6/30 (Tues) - Still Loving 6E

6E
Momentum: Chop, then Down

Blue Arrow: Loser
Green Arrow: Winner

Highlight of the day: my first trade. It was one of those blunders I can't seem to stop making. Put a stop order to buy before candle closed. Usually I'd do that seconds before. Today, I forgot my counter. Entered a tick above way before candle closed - it closed exactly there, and I knew I was in trouble. Price went down to take out my stop without ever going back to my entry price. The 2nd trade was an attempt to immediately get something back from the market to placate myself. An even more stupid mistake than the first.

Turned out that it was good to have D around after all. He saw the red 212 on my 6E DOM, and in the midst of his conference call, he gave 6E the middle finger and a really dirty look for upsetting me early in the morning. I couldn't stop laughing.

We had sushi takeout to celebrate D's birthday. He's now busy sending thank-you replies to friends that sent him birthday wishes via facebook. But he still managed to get his 2 ticks. Yesterday, he took 4 ticks while in the middle of a conference call. Absolutely the King of Multi-tasking.

Am still staying out of ES. It's a DOWN day for crying out loud.