May 21, 2008

Net: -$66
Frame of Mind: Steady

GE shocked everyone when it ran up from the low 31.10 straight to 31.50 in 3 fucking minutes with huge volume! I came in at the exact moment but I wasn’t able to take full advantage of the trade. I shorted only 300 sh at 31.46. The prints were crazy and it was scary then.

What I did wrong:

I was slow at evaluating that GE trade. What I should have done is shorted at least 500sh and set the stop at 31.55.

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