"A man is not finished when he is defeated. He is finished when he quits."

Tuesday, February 10, 2009

Feb 6th Trades

Traded 9 winners out of 13 trades for Friday the 6th. All SKF. I really love the action in this ETF and feel it is a great training ground while the financials are so unsettled.

All Trades are the SKF:

Long for .26 cent gain
Short for 1.46 loss *Ouch
Short for 2.92 loss *Ouch
Short for .48 gain
Long for 1.00 gain
Short for .02 gain
Short for .15 gain
Short for .96 loss *Ouch
Short for .03 loss
Short for .35 gain
Long for .04 gain
Long for .26 gain
Long for .28 gain

Net loss of $2.53 per share. Three big losers offset a day where the winning percentage was 69% There's the lesson about cutting losses short!

No comments:

Post a Comment

Thanks for taking the time to comment. I'll review your remarks and post on the site assuming they are respectful.