Woulda Shoulda Coulda
By Brett Goldstein on Nov 08, 2007
9 Responses to “Woulda Shoulda Coulda”
almost only counts in horseshoes and hand grenades
Brett, what indicators did you use to decide to buy PUTS for BIDU? What level where they at?
Thanks!
Brett,
You didn’t lose man… Your trade was right on, but your emotions got the best of you!
Now, hopefully you learn from this experience and next time, you use a stop loss, instead of getting all emotional…
Remember, charts don’t lie, greed and fear usually gets the best of a trader!
Good Luck
Brett,
Each day the market has been selling off huge in the morning and then either rallying back or trying to erase most of its losses. What do you make of this? Do you think we could be heading for more downside? 2-5% more? Thanks.
ouch!! im feeling the same way with GOOG. i had a mental trigger to load up on calls during the breakout above 600, but i never go around to it. should have though!! could have made 1000% returns in a 2 week period!
Oh my oh my. We’ve all had horrible days like that. 2 years ago, Sandisk was newly emerging, and the stock kept climbing, and I cashed out. Now they’re worth 25 times what I sold them for. Sad, sad, sad. Anyways…After that experince, I got wizetrade. And every since then, I’ve been making nearly perfect trades.
I guess we all have those stories. WIzetrade keeps me from making mistakes so often.
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Your math is off bro. Those contracts don’t move like that, 1 per 1 that is. The best they had today was a .75 to 1 movement. Still, that is a bummer to leave that kind of money on the table. You should’ve known about the red day today though. Just read the news; It was horrible everywhere. News always trumps technicals. Always.