Thursday, March 20, 2008

Trade Review: 3-19-08

One bad trade... I was short EEM and I kept adding to it even though it looks like it's breaking the down trend, down about $400, $500 on that one. I shorted it again after it stalled, although I didn't hold it for the entire move.

There were two trades, FIS and GLG, one dropped and another one popped and I traded the reversal. I made some money on it, but both made it all the way back. I need to start holding my winners better, or take more size or add to them as they go in my favor.

Got some closing prints that saved my day... I didn't lose money on Visa IPO at all. In fact, I made some. I'm not good at trading IPOs yet. I'm happy w/ today's result.

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