Yesterday was a horrible day. Not because I lost a lot of money. Simply because I lost a great opportunity to make money. The worse part is that it was out of my control at the moment. My browser at work wasn’t loading certain sites. One of them happened to be www.prophet.net, where I scan for my stocks for the day. Well, of course the day something like that happens is the day you miss great opportunities. Yesterday my candidates were EYE and CECO.
EYE
Look at that beautiful shorting opportunity at 40.43. Even if I did get filled ten to fifteen cents away, that could have easily been 1.60 in my pocket.
I seem to be less enthusiastic to post whenever days like this and losing days happen. I guess it’s because I’m still negative overall. That’s a situation I’m looking to address by stepping up my size sooner. I know it doesn’t make any sense but at this point I don’t care. I’m tired of getting excited over having a $144 dollar day. Right now my account is at $292. Let’s see how soon I can get it to $3000.
September 28, 2006 at 10:22 am
fwiw: i started finding entry bars that were extremely narrow…that allowed me to increase my size w/o increasing risk
good luck