Tuesday, April 10, 2007

E-Trade Circa 2002

Nothing like one of my old favorite "post-bubble" commercials to help cheer me on what was a crappy day in the cave. Gonna have to start feeding my family frozen Pterodactyl soon... things are grim. Anyway, still trying to find some of the ones from 1999 or so. If anyone remembers any other good ones let me know.

Virtual Office, $12,281

Misstrade, $12,270 on 12,000 shares traded.

NYSE Scalper, $639 on 46,200 shares traded.

Evolution Trader, $289 on 51,400 shares traded.

One Bad-Ass Trader, -$48 on 9,400 shares traded.

TradeWhileWorking, -$223 on 1,000 shares traded.

Me, -$646 on 49,800 shares traded.

A huge day for Misstrade today... trading DNDN like a master. Nice day for the Scalper as well. Bringing up the bottom of the pack... I can simply say, I'm in a world of shit right now.

I'm going to try and set up a ticker much like TradeWhileWorking has over on his site for the VO. Stay tuned...

Thanks to Misstrade, the VO was in the green for $12,281 today. Now if only I could figure out how to get a cut of that...

The hits keep on coming...

P&L -$646

Best, TNH $699
Worst, BTU -$733

shares traded, 49,800
total trades, 233

Nothing new to say... I made the same mistakes today that I've been making. Especially with BTU which I bought all morning on the way down. Once it broke the trend line, it went up nicely. So, I didn't listen to the little caveman inside and I paid the price... again.

It's encouraging however that the Virtual Office participants had nice days. That tells me the problem clearly lies within. That means I can fix it.

I'm feeling rather dejected...

Caveman Trader?

So I wrote this down in my notebook this morning... the words I use are getting smaller, the sentences are getting shorter. I'm trying to simplify as much as possible.

Trading, so easy a caveman.... ah, forget it!

No clear trend means no clear buy
No clear buy means no clear sell

I wrote them here now so I don't forget. Perhaps it will help.

(p.s. check out "Fake Empire" by The National (song #20) over on the Forkcast... this is the one I can't stop listening to nowadays)

Trade well, DT