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Re: gdog post# 444

Wednesday, 10/05/2005 5:58:55 PM

Wednesday, October 05, 2005 5:58:55 PM

Post# of 541
yup.... I been really trying to hold out for bigger gain lately and slowly getting a little better. Had a monster EGYF position about .26 avg and held most for .35 area. Kept lightening up and today got down to only 20k do or die shares. All I wanted was a .40 break and a run to .50 for icing on the cake but.... probably sell even tomorrow on the last few.

And thats the best trade I had in awhile, almost got couple weeks goal with it. So today I was a bit more confident.

Tried for 200k AMEP .081 and got 125k filled. It goes .088 and I am not even thinking about selling.. looking for BIG .10 lol Finally decide to dump some when it turned down but only got 20k filled. Ended up dumping most I had left .081 at breakeven. Don't think I got $100 on a $900 trade. Made a few $ with it later but that was when I took a little .003 scalp.

Got 10k AOOR .47, wanted .50 break, ended up getting out eod .46 for -100. $200 easy trade wasted into a negative.

NGAS had 1k short 14.6 held to 13.5 didn't cover until it 14.10 much later in the day lol another $600 profit wasted

First PAPO entry was in .0252 didn't sell .028-.029 for 200-300 ended up getting out .025 for a small loss.

XDSL didn't take $100-200 2 times until it was too late, ended up scratching.

GSCP didn't take $200 first time and scratched. Bought back later, didn't take $400 wanting $500 which ended up a $40 trade lol

Then GXFX didn't buy .004s or .005s. Didn't buy .0075 pullback. Finally bought 500k .0097 watched it go .011, didn't sell until turned down... $600 trade went down to $75 by the time I got out. bought back .011 later for 400k, goes .013 don't sell until too late again thinking big gain and finally out 1/2 .114 for $70 gain again lol Still got 1/2 left overnight. Booked $145 profit out of possible $1400.

So heres the dillema... Yeah you could go for a big gain and get a big one but you got to go through hell most of the time to get it. I did make money today but I was up more 5 minutes into my first trade lol Had I flipped I could have easily beat my days goal 3-5 times over but ended up flipping a dozen stocks for nothing over 6 frustrating hours.




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