Forget the Jones's. Keeping up with the markets action is the real challenge. Between last week and this week, I had to let go of countless positions that have fallen down 7-8% from my original buy point. What really got to me was the fact that I could have sold most of them a few weeks ago for decent profits. Still despite this, I am happy that I took a chance and stuck with my short market futures position. The mini futures contracts are a great way to play changes in market direction but they are not for everyone as they are a risky trade for someone without experience in trading futures contracts.
Some of my current holdings: VII, MPWR, FARO, OMCL, CVGW, GNET, IIN, SHMR, SPNC, SYUT, SYNP, TOD, CVU, AMAC, DBTK, QEPC, SCLD, WRLS, TCN
Sold for Loss: SCUR, BLOG, BOOT
No comments:
Post a Comment