Tuesday, February 19, 2008

How Quickly I Devolve

Normally, with Judy and my daughter home at this time I would be sitting down to eat a nice, balanced meal. After that nutritious meal, I'd play "store" or "restaurant" with my daughter before reading her a few books and singing her to sleep.

I had high expectations about how I'd spend my time alone tonight. Here's what I've done...

For dinner I had cold pizza and beer. While I was eating dinner, I watched videos of people getting "owned" on break. Many of these videos involved exercise balls. After that, I watched all the "Anchorman" videos I could find on Youtube. Unfortunately, the famous scene of Baxter getting punted off the bridge isn't available. Here is a sped up version.

"Well guess what? Now this is happening.... that's how I roll."

Peter Murphy, "Cuts You Up"

Betwixt And Between

My wife and daughter are away for the day. So I'm making this really short so I can get some guilt-free reading time in.

My best stock of the day was a complete mistake. That pretty much sums up my day. I accidentally held 100 shares of CNX into the close Friday, so I sold them at the open and made a little over a point and a half.

I'm in the midst of working on a couple of new things. I'm not going to get into them too much right now. On one hand, I plan on watching fewer stocks actively and taking larger positions in them. On the other, I also plan on taking some "light" positions in others, giving them wide berth and letting them move throughout the day.

In short, I'm trying to develop more of a trading strategy. I want to enter each day with more of a gameplan. It will be more research dependent and less "trading actively like a lunatic during the day" dependent.

This partly explains the lack of posts recently. I'm busy.

Here's the stats:

P&L, -$423
Best, CNX, $157
Worst, MON, -$240

32,100 shares traded.
14 stocks traded. 5 winners, 9 losers.

Virtual Office, -$1662. SPX, -2.5, 1348.80.

Dehtrader, $781 on 3340 shares traded.
Wincity, $76 on 200 shares traded.

Timmay, $35 on 3200 shares traded.
Denarii, -$87 on 1280 shares traded.
OBAT, -$350 on 24,600 shares traded.
Equine, -$390 on 12,200 shares traded.
Me, -$423 on 32,100 shares traded.
Sanglucci, -$1304 on 15,600 shares traded.

Well today sucked balls.

Most of the guys in my "real" office lost money. That doesn't mean you couldn't have made money. I think what I'm saying is that the conditions weren't great for active traders.

Most of the day, the market was singing me a sweet, sleepy song, while simultaneously stealing money from me, little by little.

Anyway, even things that looked good ultimately sucked. It was like, going up to a nice looking girl at a bar but finding out that her breath smells. Hopefully, tomorrow we find a better place to drink, with hotter chicks that are really into geeky stock guys.

I'll Give You A Real Post

Oh, hey.

What? You want a real post?

Ask yourself this question. What have I done for Dinosaur Trader recently?

Good Morning

Time: 7:26
Mood: Rested