InvestorsHub Logo

mocaiv

09/20/12 1:06 PM

#3788 RE: PokerVertigo #3787

had i been day trading this right after it tanked in july, i probably would have made my money back by now instead of sulking in self pity that i lost so much and continued to hold onto the stock when it was still around 3.10 to 3.15 the following day

hind sight though. when im day trading this, im rarely ever completely out.. i always like to have atleast half my position at the end of each day so if there is an after hours or premarket pop, i won't completely miss out.. and if it goes down too much during those hours, then ive still hedged my risk and that gives me at least some buying power the next day to buy more at the lower price

maybe i should be doing this with options instead of flat out daytrading the stock itself.. i only know enough about options to buy them (too scared to write them), but i have little experience day trading options :P