There’s some serious sadness today in my life. I accepted a loss. But what I accepted and when I accepted it shows that I’m just a Retard still and haven’t learned what it makes to make a profit in the stock market, yet. While learning my lessons along the way, I have decided that I MUST get my account above $25k.

This false jump in the market is too funny. I mean, it was a real jump, but not something that is going to be sustained. Although I really am hurting on my BIDU put, there’s always future hope (for at least a couple weeks). I’m not sure but I might just cover the BIDU put at some point today, but for now it’s GOOG time.

I’ve noticed that I either screw up and hold an option way too long and lose money, or sell early when there’s profits to be taken. This latest GOOG sell is a great example, I gave up over 150% of the possible profit by jumping onto the sell side too early. Maybe I don’t know what I’m doing.

This morning I was pretty short on time and didn’t get a chance to flip a coin or make an edumacated guess as to the direction of the market or any stock. I saw that GOOG was up this morning and wanted to take a shot at it falling though, so I bought a put. Well, two puts. Right now, it’s not looking good.

GOOG was a same day sale. I better be careful with those. RIMM was held for a little while longer with the end result being a sale for profit. Fiaz left a comment hoping I was still holding GOOG, unfortunately I took an early opportunity to sell it.. bummer. At least I’m getting closer to being able to have the one-on-one coin flip competition.

I need to make money because if I don’t, I won’t have any money left and someone will repo my humor. And without humor, I might turn into gay Richard at MoveTheBowels. I chose GOOG as my next target because it looked easy to spell and reminds me of my Vietnam days.

Today I made money on the poor performance of GOOG earnings announcement.  It went something like “we made lots of money, but you morons expected us to make more”.  Well, maybe that wasn’t a direct quote from the earnings announcement.

I put in a sell request of $20.00 on my one put of GOOG.  I then started my long commute into work (over an 1.5 hours today) and when I finally arrived at work I saw that my order had gone through.

Alright, so I took a chance and in the last couple minutes of the trading day I gambled nearly all of my money that hasn’t been lost on CMG and JCP already.

The market has been down a lot.  Is this a trend?  I don’t want to fight any trend, so I’m not ready to pick up calls yet, but I’m really prepared for it.  I’ve been waiting to buy calls in a few high dollar stocks, just looking to make a scalping-type profit.