Well, I finally sat in my positions and followed my rules per my last couple posts. That was a victory.
I bought FAS and URE in the 3ish rally fakeout. I was in chat with Think or Swim because my account was not displaying real time quotes; I didn’t even notice the market tanking into close. The quote thing kinda messed things up a bit today. However, I loaded up on these stocks last Thursday on a similar beginning of a rally so those trades were not bad. I had like a .15 gain in my short of AZK, but it bounced up just as quickly it dropped.
My aim of following my exit rules was achieved today even though the $ results were ugly. I was not anxious about it all even though I was “losing money”. I guess I just needed to talk about it and write several posts about it to get a little perspective.
FAS | -.10 | L | Stopped out; ETFs need more than .10 stop |
URE | -.06 | L | Exited at EOD – rally failed |
AZK | -.02 | S | Exited on 10/60 SMA Cross on 1 Min |
Fees | -.03 | Commissions | |
TOTAL | -.21 |