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10/05/22
13:21
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Originally posted by Darkstone:
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Nah. I screwed it up yesterday, which meant today was a bit stuffed. Bought some back yesterday when I estimated it would climb back to 1188 during the day and then didn't exit when it failed to hit the second target. So today was a "minimise the disaster day". I probably should have traded both ways but I was more concerned with picking tops and containing the damage. I am set to trade it a all again now though so i will just wait for the right pattern. Funnily enough I actually did trade in today and made a profit on those trades, but it was a complete fluke: I accidentally sent buy orders when I meant to send sell orders and didn't realise until the system was reporting my stock going up when I expected it to have gone down lots. I'm going "WTF" and then I looked at the chart again and went - WOW that was lucky. So in among the losses from yesterday God stepped in and gave me a little profit as well. So between you and me: that was just luck, but as far as everyone else is concerned we'll call it "trading-genius". Ok? Overall the day is a loss, because I was an idiot yesterday. The good thing about big drop-on-open days however is, if you are sitting on cash and cool-as-cucumbers it can give you a good intra-day profit as it often falls too far and climbs back hugely - assuming you weren't an idiot the day before.
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One has to be genius to make a lucky mistake, Darkstone. I also bought a parcel yesterday at 1142. It is a loss if I sell it now. But it was meant to be a replacement for the one I sold at 1416. So it can wait. Unfortunately I was busy this morning to take that trading opportunity. So I am waiting for another one. Good luck.