Tuesday, October 25, 2005

Last night will go down history as my worst trading day in my life. How the hell I lost 3,000 in one night!! I was so upset about myself and really feel like dying.... all my dreams, hope has just gone down the drain...
What am I doing?I was short AAPL and IWM, and when IWM goes up, I should have cut my losess and turn long... but instead, I just keep shorting everytime I was stopped out...

I think I just wanted to be right and stubborn, and also unwilling to take a lost last night for no reason.... the price pattern is not for short, idot!!....

I looked at my wife who is sleeping then and felt so sorry for her... I wanted to do this for her.... I wanted to give her a better life.... but now, all bets are off......

Have to learn from this mistake..... probably has to take a break to reflect on my mistake......I am just afraid that the damage done to my confidence and pshcology........ need to be strong, i told myself, if you can down 30 k in Jan and up 60 k in Feb trading for company, you can do it for yourself.

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