#1 - DO NOT chase yesterday's news.
#2 - item #1 probably wouldn't have happened if I stayed in my circle of competence
Some losses stacking up quickly:
-Straddle on the dow jones went ugly instantly, intra-day price fluctuations...jesus christ! i thought those were limit orders, always bid lower on those, ALWAYS, don't just take the first offer, it might be overpriced X-D
-THC - wtf, was chasing yesterday's news and thought the stock would fluctuate still after announcing the successful acquition of a key company, wow, don't do that
Neutral:
-natural gas -- just kinda floating a little
the only winner:
-SILVER!
yes, my portfolio was built on silver profits, why i went outside what i know well.. i have no idea, i had cash doing nothing and felt the need to put it to work. wow, terrible decision.
so my 66% year to date return over 60 days HALVED basically in 5 minutes. spooky spooky
yea, play your strengths, nothing else, just play your strengths.
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| the pain... |
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