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Thursday, January 21, 2010

sucking

Traders are only as good as their last trade... and right now, I suck.

1st act of sucking: For the most part, my market thesis was/is correct, but the my timing/discipline was just piss poor.

2nd act of sucking: Thinking the consolidation w/in GOOG, from the 625 level, and the already decline in the market, would have led to a rise in the stock after earnings. (similar to ebay) -Dead wrong- The only good thing I did was maintain discipline and not add.

Will now have to do damage control. (This is where trader really earn their keep)

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