Monday

I survived Friday. Cpo opened at 2934. Took a long position at 2935 but I got scared cos the seller kept hitting the price down. I got out of the position, turned short at 2936. Again, I made the mistake by selling above the opening price. When prices edged higher to 2940, I shorted another 5 lots. I now have a total of 10 lots nett short. That was another text book mistake, averaging your lost. The price shoot up to 2948 or 9, I can't remember.My average price was 2938 which means I now have a paper lost of 2500. Idiot ! I scolded myself, why do I kept doing mistakes like this.

If the price hits 2950, I would have to cut my losses. Another 3k lost if i did but I held on, the price eventually eased back to my average price. When the price hit 2936, i thought to myself, better get the fuck out. I closed 5 lots, my average was now 2940. The price hit the low of 2927. I closed my position at 2928. Pheww ! I was now in the money. Felt even better when the price climbed back up to 2940. I shorted 1 lot at that price and closed it 2933. I now have 1700 before comm, decided to go home. So that was Friday.

Monday...I think It's very important to have a winning start. You do not want to spent the whole week covering up the mistakes that you made on Monday. Here goes, another 6 mins before market opens, so I decided I should now take a piss.