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

Thursday, August 5, 2010

August 5th - Morning close of overnight paper-trade


Last night I held FCX in a paper-trade short in anticipation of a breakdown. The breakdown took place, gapping lower then dropping from there. I was at Home Depot picking up doors at the open and couldn't be here to close out at the optimal time. I closed the trade after signing on without regard for price action, satisfied that my trade idea was correct. I am on my way back out... to unload the 9 dooors from the truck before it rains then meet Mrs. BlueCollar for lunch. I will return later to watch the markets. No day-job appointments today but tons of errands that must be done during regular business hours. Someday... I'll be able to focus solely on the markets. Until then, the rigors of daily life must be addressed!