InvestorsHub Logo
Followers 49
Posts 2019
Boards Moderated 0
Alias Born 02/18/2010

Re: bmcd post# 20834

Saturday, 05/26/2012 8:41:59 AM

Saturday, May 26, 2012 8:41:59 AM

Post# of 52306
Hi BMCD, u almost read my mind as to the struggles I go through to find which type of charts to look at (i.e., daily, 5min, etc).

I knew that it was near fatal to play options on a slow friday, that too ahead of a long weekend. I knew it was kind of "hoping against the hope" to hope for a quick bounce on GOOG on 5/25, but I still went for that trade.

But whenever I am just doing a paper trade, my trades will turn best traders green with envy. So I simply took a chance. Well hindsight is 20/20, and I lost money.

As u correctly pointed out in one of ur other posts - "If I hold, I lose money, If I sell, I lose money". I lost money for holding too long, and lost money for selling too early.

Thanks everyone for responding to my question. Great board.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.