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

Tuesday, May 4, 2010

May 4th - EOD

No more trades beyond the one I made earlier in FSLR. However, I did take some time to see what happened to FSLR after I exited and shut down the computer. My trade wound up having a potential of $1730, had I held through the top at 11:00 am and if bid had hit the price high (unlikely). But, what might have been is irrelevant... in fact, it is all irrelevant considering that it is paper-trading. But, I like my entry price and am satisfied with it as a practice trade.

May 4th - AM


Early practice-trade before I begin some painting on my constructon project. I liked the spot to go long in FSLR, though it appears that once again, I am out early, based on what the chart shows as I upload my screen shot and type this. As it continues to climb here, I REALLY like my entry! Ha! I got out at bid $138.95 Bid currently is at $139.77... Which brings me to mention the spread on this stock. Ouch, that is a tough spread to play if this were real money. This is a stock which can really punch you in the mouth.