Trade Update: PWE
I covered [[PWE]] yesterday, for a total gain of 0.24%. Would’ve covered for +2.2% but believe it or not, because I posted the trade on the blog I thought “Well, I should execute my plan since it’s public!” That’s like reverse noise. I won’t let the blog control my trades, I won’t let the blog control my trades 🙂
Decided against holding the short, because:
– it’s very boring
– wouldn’t have made much anyway
– the stock was up on a day when oil was down (very uncharacteristic, worried me)
Boring and profitable would’ve been okay, better than exciting losses, but this was just blah.