Closed HP, Sold CI

As I wrote yesterday, I immediately found I did a big error with HP, then I moved my mind from “trade a stock” to “bet on a stock” and this is what happend. I faced a net loss of 3% in a day.


I entered without checking the candle, without having an exit point, and on a open gap. Maybe I broke all my rules in just one trade, and the result is this big loss.

Even now that I closed this position, I am not sure if I did right or wrong, and this is why I decided to close it and to come here and write about it.

I ALWAYS MUST KNOW WHAT I AM DOING, WHEN I MUST EXIT AND SO ON.

If I loose 3% or more must be because some news came, or something bad happend that I could not have control on. But with the short of HP I could have full control on everything and I didn’t care anything.

The month ended as bad as it went on.

About CI it was I had a loss even here, this time because I couldn’t see the main trend. I didn’t want to sell yesterday, while I KNEW the short term trend is downward. I was hoping the stock was strong enough to bear this short trend, but this is again about gambling.

Will write a page full of rules this week, to see if starting from next month I will have some better results.

Other 2 shorts are doing pretty well.

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