Thursday, June 7, 2012

Day trading day 3 and 4

Day 3:  bought FB puts 110 @ .74 sold at .85 for $1200 gain - fees or about $1040 gain.  They spiked to like $1.15 to close so if I held.. would made 3x more!

Day 4: bought FB calls 100 @ $1, waiting for bounce, but had to sell at $.95 for $550 loss + fees so like $700 negative.  Uggg...  these closed at like $1.50 so again damn damn damn missed out.

But lesson here is to stay disciplined...  I am okay with losing if I sell on my planned exit points and missed out on gains later.  But if I sell outside my limit and take a big loss or don't sell when I planned to and miss my gains then I should be very pissed.

I still feel this is total gambling game.  Its kinda fun though.  ]

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