LEH: Sees futures breaking down and all financials doing the same, shorting at 54.62, risk could go up as high as the 90's but set a stop at 72. Accidently set the wrong stop and triggered another short position, eventually did come down in the right direction and walk away with no damages. Well, guess what, LEH eventually closed at 51.57 and I would've made over $300 on it but nope.
BBY: I see resistance at 44.50, it traded down and support at 44 even, got in at 44.04, risking 4 cents for potentially 46, but probably more at 25. Hesitating when it trades back up to the resistance area, wanted to put a bid in at 52 right after it breaks, didn't pull the trigger, the stock ran for .30. Felt it was too high at that point and wanted to short it, didn't pull the trigger again, stock traded back down to support level at 44 dollars even
Billy: go with your gut, keep your losses tight, maybe 7, 8, 10 cents and ride those winners out.
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