Saturday, June 13, 2009

Week ending 6-12

I had a lot of stuff going on this week and that really effected my trading. I probably should have just taken off altogether in hindsight. I may not trade a few days next week since I'm likely going out of town to explore some business oportunities and check out houses out of state.

Anyway, for the week I managed only 2 winning days. The number should have been 4 but woulda's, coulda's and shoulda's don't count.

The two biggest mistakes this week, and there were several more, was on Wens I accidently shorted more ATNI that wanted too, 500 vs 100. To make matters worse I didin't realize it for a few minutes because I was distracted over some details with our upcoming move. That resulted in a $900 loss instead of $180 loss. Then on Thurs I shorted 1K ATPG near the close at 8.80 due to them pricing a secondary afterhours. My plan was to cover Fri morning. Well, Fri morning came and the stock opened around 8.70 in pre-market and again I had issue's going on regarding our move and covered at 8.70 for a $100 gain. Of course, the stock immediately fell to 8.00-8.10.

For the week:

Mon (80)
Tue +764
Wen (1176)
Thu +927
Fri (731)
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Total (296)

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