Friday, March 13, 2009

Stock P.S.

I kept most of my gains this week, although I did shave some off today with a bad FAZ move. I really suck at trading that one! I've decided I'm not allowed to trade it again until I paper trade it correctly at least 10 times in a row. My discipline slipped today, which is why I lost. I don't want to restrict myself from trading Fridays, cause last week I did well. But I need to make some kind of change. Whether I'm ahead on the week or behind, something goes on in my head by the end of the week that I haven't quite figured out yet. Last week I had three days off before Friday, so maybe the answer is to not trade one day in the middle of the week for awhile so I can give myself a break and reflect on the trades I've made, thus far. At any rate, other than my lapse today, I improved quite a bit this week with regards to discipline and over trading.

I didn't go into all cash for the weekend, but I positioned myself in both directions. My share size is so small, tho, that if I lose, I lose small.

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