This was a stupid trade. I have a friend in a business class that was trading a long position in this stock. That is my only interest in it. I watched it shoot up in the morning and decided to go short because we are in a bear market. Got out with a larger loss than I would have liked.

This is the same plan as last one however this time it worked. Plan: get into the falling index if it shoots up above open a bit and then drops below open showing weakness. Enter when stock price drops just below open with an ATM put, if stock goes above HOD then bail. Execution: Stock did as I predicted got out when it formed a base around LOD.

Plan: get into the falling index if it shoots up above open a bit and then drops below open showing weakness. Enter when stock price drops just below open with an ATM put, if stock goes above previous high of day then bail. Execution: Stock did as I predicted however instead of continuing to fall it went above HOD so I bailed with small loss.

This trade is proof that I was right in my original thesis. Given that the two prior trades were losers my conclusion is that the execution was poor.

After the horrible execution I was determined to get a better fill. However, seeing the trade going against me I began to believe that I was wrong and bailed. I should have had the courage of my conviction and stayed in because my thesis was right.

Stupid execution on a great idea. I saw that QQQ had risen overnight and due to market generally trending down decided a put was in order. However, using TradeStation's Matrix (a DOM ladder) I got confused and entered a market limit order at a higher price. I get confused with puts because down is up. I need to practice entering orders correctly with the Matrix price ladder or else just enter them the old-fashioned way, i.e., Tim Sykes method. He actually fills out an order ticket.

I saw this had dipped and was hoping for a scalp. My mistake was that it did do as I predicted but I failed to get out before it dropped. I was greedily hoping for more than this trade was able to give me.

I had been watching this stock all day when it began to perk, I went long. It went up nicely and I sold off 100 when it began to fall in a panic. Then thinking it would perk again I added into a dip which turned into another dip and more adding for on overall loss when it started to dip again. This was multiple buys and sells turning out to be a loser.

This was trading in a tight channel, so I bought puts at the top of the range hoping to collect profits on the way back down. Unfortunately, this plan backfired. Note: this was multiple buys with one sell. Price is average.

Entry comments: Still hoping $BBBY fades

Exit comments: Setting my exit at where it first started dropping. I gave myself a little more room on this trade to drop because of my prior win.