Trading Mom » new position http://tradingmom.com Stock trading in extreme conditions Thu, 17 Dec 2009 19:53:41 +0000 en hourly 1 Trading nightmares. http://tradingmom.com/trading-nightmares/ http://tradingmom.com/trading-nightmares/#comments Thu, 12 Jun 2008 22:50:33 +0000 admin http://tradingmom.com/?p=11 I woke up in the morning from a dream that stock market closed up 296 points. Of course my first reaction was to run to the computer, as market had to open in a few minutes.

Both boys, however, got up at the same time as I did. This slowed me down for a while. By the time I logged in to my account, the market was already up 90+ points.

While I was placing an order to sell DOG (cover my position) and buy V (new position), the roofers’ truck came in. I had to hold both boys while my husband was getting car out of the garage, otherwise we would have been stuck in our house for the rest of the day.

Re-roofing project

This extra 5-7 min translated into “paper” ($800) off my profit just for DOG. I decided to wait for a bit and market gradually started to come back.

At noon, however, I had a business lunch with the CEO of my Real Estate Company. While adding last touches to my PowerPoint presentation, I noticed that the jump in prices didn’t have enough support in confidence and energy of Bulls vs. Bears. I left without placing any orders.

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