Phantasmix Stock Market Blog

Source: Natural News

I’m very tempted to just wipe the slate clean and start over, but since I can afford to wait for a better exit – I will.

Ever since the mayhem started in the markets, my best trades (highest win ratio + most profitable) have been day trades, or even minute trades

I should’ve just stuck to that and given up on swing-trading. Swinging worked so well in August and September, so it was hard to let go.

Though we’ll probably be returning to a calmer pace soon, once all my current positions are closed, I will only day trade. To compensate for lower volatility, will gradually increase position size.

This morning I wanted to cover one or two shorts to free up some cash. For no particular reason covered (BIDU: 118.00 +0.51%) in pre-market — talk about a lucky pick! It really ran away later in the day.

Then I covered (AMZN: 214.53 -1.75%) in the afternoon, and that was it.

No steak for me today……..

Booohoooo… almost got killed, still alive. Lame lame, it’s tough being so stubborn.

However, victory will be mine! (of course)

I’ll be moving into cash this and next week, and then we’re going on vacation. It’s been a couple of weeks since winter started here in earnest, and I can’t stand it. All this cold and snow…..