day trade madness

Tuesday, May 02, 2006

good: OLY went up, up, up today and my resolve in holding to my sale price was rewarded, three months later, with $750. I am going to try not to buy more with the $7000 I'm getting back, as I'm way up on what I should have in the market.

bad: of course it peaked at a point where I could have made 1200 or so. but the new rules say: be happy to sell at anything over 5% (about 250-300 profit on most trades) and if it hits 10%, barring exceptional circumstances like bird flu, DO sell and be very happy, regardless of whatever other nonsense goes through your mind.

at least it goes some way to paying back the KYC debacle.

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