Monday, May 19, 2008

Animal Collective, "Water Curses"

Addicted To Hope?

As I sat down to lunch, down $450 with no positions, I began to think that this whole process I'm going through (because I know looking back from the future, that I will see it as just that, a process) wouldn't be so bad were it not for my utter hopefulness.

If I could just lose money everyday for 2 straight months without a glimmer of hope thrown in here and there, I may have already shut down this blog and moved on with my life. Who knows what I'd be doing, but the market would have shaken me out already. Instead, I get days like Friday, or even a solid trade in the middle of the day, and things like that give me hope. Hope that I'll figure this shit out and get back to being profitable, day in and day out, and be able to support my family and our lifestyle by being a trader as I have for nearly the last decade.

Hope seems to be killing me softly.

Anyway, besides trading I had a very busy day as well. I have to say, I'm not feeling very witty or anything. I think I'm just gonna go read and HOPE tomorrow turns out better.

I didn't have any particularly good trades or bad trades today. I just had a whole bunch of $60 and $70 losers and no winners.

I'll be back to regular blogging tomorrow. Tonight, I'm just too tired to get into it.

Here's the stats:

P&L, -$462
Best, ACI, $54
Worst, AKS, -$159

9800 shares traded.
11 stocks traded, 2 winners, 9 losers.

Virtual Office, -$224. SPY, +0.36, $143.03.

OBAT, $376 on 10,400 shares traded.
Tokyo, $238 on 1106 shares traded.
Denarii, $78 on 6400 shares traded.
Timmay!, -$454 on 3400 shares traded.
Me, -$462 on 9800 shares traded.

No time for typical VO post this evening... I'll have a daily up later.

I Am A Stock Trader "Money Philosopher"

Since most people assume that "stock traders" make money and I do not, I feel it's now an unfair title for me.

So, until further notice, I am to be called a "money philosopher."