October 11th

After dumping my CRM from last week, I did two winning paper-trades in MON before having to attend to a family emergency. The orange line at 1:15pm is where I felt the big drop in MON was going to happen, just as I was signing off to go to the hospital. As it turns out, my timing was early (wrong) but my strong feeling that a drop was going to take place did come to pass less than an hour later. I was pegging the drop to reach the Magenta line which would have been a full closing of the morning gap up. It stopped its plunge about 23 cents short of that point.

Maybe tomorrow?

Sitting on a bad trade...

I had this practice-trade work against me at the end of last week and sat on it, waiting for it to break in my favor. Today was the day, and I closed it out. I had a number of chances to add more to it to average a better price and doing so would have given me many opportunities to get out sooner with a gain. But, I didn't add... and so I waited. this was a lousy entry, and lousy execution. No stop on a fast mover that I shouldn't have been involved in to begin with.

Anyway, live and hopefully learn.