This morning the market started in the positive territory area, but the drop into the red was unavoidable.  As I watched the AAPL puts go into my target area of over $2.00 per put, I contemplated selling.  Is there more room to drop though?

This morning the market is up a little.  Some bank system put like $500,000,000,000 into an economy or something like that.  I’m looking at this morning as an opportunity to buy puts, so this morning will see some action from me if I can find anything worth stealing.

Time for another Forex gamble.  I don’t really have any good feeling one way or another on this one, so I’m just going to see what happens, I’m betting on the USD over the EUR.

First for my Retard Trader recap for today, than onto my Vegas weekend info.

Slow.  Not the day’s trading, just me.  Though in an unusual way, I’m slow phsysically today, not just mentally.  I think that I caught something in Las Vegas (besides a losing streak that I hope to beat off — in the voice of Butthead “heh, heh, I said ‘beat off’).

I sold my JCP calls.  A little earlier than I should have.  I bought some puts.  Earlier than I should have.  At least I can show a little profit though, it could be worse (and likely will be).

Market opened down and it’s now drifting.  I’m waiting.  There’s been no excessive fear or greed.  I may just have to wait for an extreme move like that- I need an excellent risk/reward play to get me back on the track to winning this competition.  So no moves for me today, just a scalp on 20 sh of FSLR (bought @ $236.33, sold @ $236.70) for a $7 gain.

I just ended up scalping myself today and ended the day all cash.  I got stopped out of BIDU puts and scalped myself with VMW calls.  My account is now down $754 from the $5000 I initially funded it with.  What went wrong?

Not much to say here.  I messed up the GOOG exit and though that bugs me, it’s alright.  I’ll continue to trade even though I did mess that up.

I won’t be taking any trades, most likely, today.  I sold my GOOG position this morning, which was dumb.  I avoided making $500 so that I could make $50.  Not the sign of a good trader, but thankfully the website name matches.

Bought a couple of BIDU puts this morning.  It is up at 391.82 (+4.82) and relatively strong compared to the Nasdaq which is at 2654.39 (-14.10).  BIDU can really zoom up when it wants to so I am watching my position carefully.