I could've had a very nice day... but let's not live in the past and drive by looking in the rear view mirror. Hopefully I can correct this in the future.
Where to begin... I got hit on EJ today at 28 whole number after the specialist swept the book. If I just market it out to ARCA or INET right away I had an easy $100 profit but I hesitated an it ticked down... and down... and down... and I eventually only made $5 on it. It pays to be alert sometimes since I was playing poker on facebook at the same time I froze and really just in shock that I got printed.
I was right about NKE and GS today, except I got shaken out. NKE made new 52 week highs and I believe it will get the strength to run for a little bit more. And I was right, except my target was just a little bit too high and I didn't take my profit. NKE traded down and then bcak to 61 again but I didn't go long this time and I could've made an easy 60 cents on it. The volume was low when I traded it the first time b/c people were waiting for the Fed meeting minutes. When the volume died out I should've realize to get out (look at the volume bar more in the future!!) and the 2nd time market was going strong, I should've went long....
GS looks like it had resistance level at 230, I look at all the offers being filled and it looked like it was going strong so I went long after thinking short at first. I sold it back after a 22 cent loss but this thing did go for about 5 more points. GS is a high dollar figure stock, maybe I should've given it a bigger stop loss limit.
I was right about ADP as well... the problem there was that I was a little bit impatience and shorted it at .99 instead of .04 and the damn thing just doesn't move that much anyway. I was only expecting to make about $10 on it and I don't need stocks that don't move.
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