This is just an end of day post, nothing to see unless you want to check out the account balances I ended the day with.

I feel sick. It’s the sort of sickness you get in the pit of your stomach that lets you know that something is really wrong or bad, but not enough yet to make you throw up. It could be a feeling that goes away, or one that destroys my chances of having a successful Retard Trader website anymore. I have all but $527 in a two different nearly worthless stocks and three different options. Could the end of Retard Trader be near?

Yesterday I had unrealized profits and gains that changed my account’s value over 40% to the positive side. That’s pretty massive in a one day move. If I did that with any continuity it would be amazing. Soon, I wouldn’t have to throw a second Bar Mitzvah or disappear for a month (hiding from the mob?), or worse, hide from shame (have you stopped blogging?). Instead, I’m dealing with the today.. and today is painful.

I bought GS puts and C puts today. Good job me. I’m feeling a little arm strain from patting myself on the back, but I believe that it’s worth it. HUGE account change took place, did you look at the chart showing the increase today? I did a great job, though I didn’t pick the tops of either stock, I did pick the right direction. I didn’t sell though. I’m not sure if that will bite me tomorrow or afterwards.

I might have been a little hasty in mydecision to buy C puts. Might. Actually, looking at it go up nearly 4% right now, I might have been way wrong. I’m not giving up though, I’m just too stupid for that. Cover a loss? Who me?? If I couldn’t do that, I would have a lot more money. One day I’ll post about all the money I left on the table, it will make me ill, but it should be shown.

GS had a nice lift yesterday, but I feel that the stock is destined to drop in the short term. After buying puts first thing this morning (when the stock was up over $1) the stock wend down a couple dollars, but I didn’t take advantage of the selling opportunity. I probably should have, as I see now the stock is moving slowly back into the positive. I’m going to hold until tomorrow on this position, unless…

I’m not really expecting anything in the market today, but if I were to make a prediction it would be that the market will start lower and though it might move higher, it will end lower. There could be a lot of manipulation today, as many traders will not have a general sense of where the market will be headed. It should be going lower because nothing has been fixed for the major financial issues, only things have been postponed.

Not a lot here. Just enough to make the cash balance increase a little bit, allowing me a greater opportunity to lose more money. Or make money. Whichever way it works out is fine with me, as long as I’m entertaining my friends and enemies with my trading while still not getting fired from my job for blogging about my misadventures in trading.

Being classified as a daytrader with an account balance over $25,000 would be fine. Being classified as a daytrader or a pattern daytrader without that balance gets people on the principals bad list, and you have to clap erasers afterschool or clean gum off from the bottom of lunch tables. Or they freeze your account. Then you make like Lindsey and fall off of trading blogs.

There is something in the air. I can smell it just like my great grandpa Enus can feel when its going to rain in his left knee. The air smells like… Fed. It’s going to be another rate cut, another step in devaluing the American dollar. Another step in helping the immediate stock market, at the expense of the long term market. Bernanke will soon start pouring money from all orifices, and I’m here to collect.