so i'm up early to get rid of my GS and i'm worried, because futures are down considerably and so i think get rid of it as fast as possible. it opens about 1.5 below my position and i'm sweating bullets and it zooms up and i sell for a measly .2 loss. sigh of relief turns to horror as it continues skyrocketing, touching 139, +3 from my position. i couldn't believe it, the entire market was tanking and it was zooming. it stayed up there for a while too, pissing me off for most of the morning.
the rest of the market was solidly red...i scalped the YM a bunch of times and felt mighty good about myself. then i went to bed, but i didn't feel like sleeping, so i decided to go get coffee at Greenberry's. they finally got wireless. i get there and the market is flat. no movement at all. which is fine with me. i drink coffee and enjoy the sun. look at the chicks. go get a delicious burger at Ray's Burger joint, which i totally scarfed. the rest of the patrons must have thought what a pig, but then again they don't trade the YM.
the day ended very badly however. i shorted YM at what i thought was a good level, because i thought the market would continue to tank downward. big mistake. the market zoomed up and zoomed even more at close. i bought at the low and sold literally at the high. such bad trading is almost unprecedented for me.
was it because i was bored and didn't pay attention? was it, i still don't understand how to trade YM? or was it the kind of smushage i have gotten conditioned to over the past year, simply don't happen any more? new patterns are emerging for sure.
anyway, i got a big loss, vaporized all my profits and got a nice headache as well. sigh!
| Underlying | Quantity | Action | Price | Description | Time | Date | Exch. | Commission |
| GS | 10 | SLD | 10.30 | JUN09 130.0 CALL Option GS FF | 09:33:31 | 20090521 | NASDAQOM | 4.50 |
| YM | 3 | BOT | 8286.0 | JUN09 Futures YM JUN 09 | 09:37:10 | 20090521 | ECBOT | 6.39 |
| YM | 1 | SLD | 8284.0 | JUN09 Futures YM JUN 09 | 09:41:55 | 20090521 | ECBOT | 2.13 |
| YM | 1 | SLD | 8284.0 | JUN09 Futures YM JUN 09 | 09:41:56 | 20090521 | ECBOT | 2.13 |
| YM | 1 | SLD | 8284.0 | JUN09 Futures YM JUN 09 | 09:41:56 | 20090521 | ECBOT | 2.13 |
| YM | 1 | SLD | 8298.0 | JUN09 Futures YM JUN 09 | 09:48:01 | 20090521 | ECBOT | 2.13 |
| YM | 1 | SLD | 8298.0 | JUN09 Futures YM JUN 09 | 09:48:02 | 20090521 | ECBOT | 2.13 |
| YM | 1 | SLD | 8298.0 | JUN09 Futures YM JUN 09 | 09:48:02 | 20090521 | ECBOT | 2.13 |
| YM | 3 | BOT | 8288.0 | JUN09 Futures YM JUN 09 | 09:59:46 | 20090521 | ECBOT | 6.39 |
| YM | 3 | SLD | 8294.0 | JUN09 Futures YM JUN 09 | 10:01:12 | 20090521 | ECBOT | 6.39 |
| YM | 3 | BOT | 8284.0 | JUN09 Futures YM JUN 09 | 10:02:13 | 20090521 | ECBOT | 6.39 |
| YM | 2 | SLD | 8290.0 | JUN09 Futures YM JUN 09 | 10:03:28 | 20090521 | ECBOT | 4.26 |
| YM | 1 | SLD | 8290.0 | JUN09 Futures YM JUN 09 | 10:03:28 | 20090521 | ECBOT | 2.13 |
| YM | 1 | BOT | 8285.0 | JUN09 Futures YM JUN 09 | 10:13:49 | 20090521 | ECBOT | 2.13 |
| YM | 2 | BOT | 8285.0 | JUN09 Futures YM JUN 09 | 10:14:02 | 20090521 | ECBOT | 4.26 |
| YM | 3 | SLD | 8290.0 | JUN09 Futures YM JUN 09 | 13:00:55 | 20090521 | ECBOT | 6.39 |
| YM | 1 | BOT | 8277.0 | JUN09 Futures YM JUN 09 | 13:05:07 | 20090521 | ECBOT | 2.13 |
| YM | 1 | BOT | 8277.0 | JUN09 Futures YM JUN 09 | 13:05:07 | 20090521 | ECBOT | 2.13 |
| YM | 1 | BOT | 8278.0 | JUN09 Futures YM JUN 09 | 13:05:07 | 20090521 | ECBOT | 2.13 |
| YM | 3 | SLD | 8230.0 | JUN09 Futures YM JUN 09 | 15:02:17 | 20090521 | ECBOT | 6.39 |
| YM | 3 | BOT | 8290.0 | JUN09 Futures YM JUN 09 | 16:00:22 | 20090521 | ECBOT | 6.39 |
