Live Trading

With the pittance in my trading account that is not locked up in ONT, I plan to post live trades just to see how it affects my psyche and decision making.

What are the odds that this first one will be a loss? Excellent!

Short RIMM at 108.46
Aim: daytrade only

Reason: I watch RIMM alot.

UPDATE: Cried Uncle! Out at 108.80

Glad to get that first live loser out of the way. Poor decision making in my stop. My first inclination was to get out at 108.50 when it wasn’t looking right, I ignored that and paid a small price.

Watching RIMM move up to 110 from here is why I like this stock. If you can keep the losses small, the gains can move in your favor significantly.