Wednesday, March 14, 2007

My turn for a couple days off

NO new posts until the weekend.

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I tried my ideas for trading ER2 today, and started out well, but still managed to lose money in the aftenoon. I got caught on the wrong side of the trade during that reversal in the afternoon. That sucked.
This is the second time I've tried to trade ER2 and failed. I will either need to get someone to teach me how to trade futures, or just forget about futures altogether.
Probably good to take some time off and shake off this loss.
Options Expiration is coming up on Friday, and many stocks will get pinned, meaning it will be better to watch grass dry.

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