First let me say that watching the market head to the negative so well today would mean more to me if BIDU or JCP came out with deadly news. Instead it’s about CPI and some other tri-graph. There’s a little bad news for me, I bought more puts in JCP.

Here it is, the post that many of you have been waiting for.  Sadly, this post will likely have a larger view and reading count than other popular posts on Retard Trader like Timothy Sykes psychic detective, Trade Authorization: No, and the lead into this post which is Losing thousands of dollars.  The reason for the potential higher reading count, I have failed.

What’s it like to lose over $7,000 (yes, over seven thousand dollars)?  Well.. it pretty much sucks. I don’t know another single word definition to help what I’m feeling, well, not one that I would put on this website at least (this site is SFW, though not work related to most people).  Let me share my pain.

JCP really shouldn’t be up 10% today.  Not even 9%.  It just shouldn’t.  Since I know it shouldn’t, at it knows it shouldn’t, I’m taking this opportunity to buy puts against JCP.  Take that you loser!

I bought a BIDU put, it’s a special one.  I’m going to print out the order, then I will stick it in my pocket and pet it.  This is how I will make money from this point on, as my other way of trying to follow trends and go with charting just sucks ass.

What is a retard to do when he’s handed a good chance to make money, like with CMG?  The answer is that the retard (that would be me), sells and takes his profits.  That’s what I did.  I’ll do it again too.

BIDU put was profitable, so I sold.  Smart?  Probably not.  I’m sure there’s more room below, but taking profits is much quicker than accepting losses.  At least it is for me.  I’m going to have to find my old options rule I posted here.  I don’t have a lot of rules, it shouldn’t be that hard to follow them.

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.

I’ve actually never eaten at CMG (Chipotle Mexican Grill) before, but I’ve passed by it many times while going to Subway or Quiznos or real sit down restaurants.  Since I don’t eat there, it only makes sense the stock should go down.