There’s a difference in terminology throughout different industries and professions.  I usually choose my words carefully when speaking with people because I know that the incorrect word could cause people to whine and bitch.

I’m sure that you have noticed I haven’t been making any trades.  I’m just holding on the losers that I’ve chosen.  Actually, I’m ahead of the stockmarket game entirely and waiting for my positions to turn into profit (though some are going the wrong flippin’ way).

I was stopped out on my Forex GBP/USD trade.  The good news is that I didn’t lose more than $37, the bad news is that if I had a wider stop I would have eventually gone to a near breakeven point, but as of this writing the trade still wouldn’t have been positive.  At least the market will be red today.

Though there wasn’t any fantastical about today, I did get a chance to see RIMM dropping on a couple occasions and even AAPL showed up on the dropping list.  Market movers is pretty entertaining for me to watch.

Ya, another slow day regarding trading for me.  One would think that with the puts I’m holding I would be more excited about the DJI dropping over 200 points, the NASD down over 42 points.  Guess I’m hard to please.

That’s just my early, early prediction.  I mean, there’s about an hour before the trading day starts as I write this, but my prediction is the market will be negative today.  That probably means I should short the YM, but I’m not too sure it’s a smart idea, yet.

First off, HAPPY NEW YEAR!  There, now that that’s out of the way… Ya, this profit is a sad thing to have to post.  Making $80 in profit is better than anything in losses, but still nothing that would make for a good bar story.  So what does someone in my current paper loss situation do when looking at AAPL?

The CFO of BIDU died, proving Christmas isn’t always a happy time of year for everyone.  Today is the last day of the year.  I would look up what history shows the market’s direction for the last day of the year, but I would rather just watch and enjoy.

There are three outcomes for making a stock trade, or in this case an options trade: make money, lose money, break even.  If it’s true that my options are going to make money (again, this time I’ll sell for a profit) than I’ll be right. 

It won’t be today.  Maybe next week, but not today.  Today is not going to be the day that I hit profits on ESLR, AAPL, RIMM, or probably any other position that I’m holding.  Maybe Monday will start the profit cycle, most likely Wednesday though.  I can wait.