A "Fuzzy" Day

Gross: -$325.00
Net: -$479.61
Loss From Top: $623.69
Trades: 96
Shares Traded: 137800

Stocks Traded Today (net profit/loss):
EMC Corp (EMC): +$193.31
Home Depot (HD): +$46.49
Exxon Mobil (XOM): +$21.17
Corning (GLW): +$13.31
Walmart (WMT): -$108.48
Hewlett Packard (HPQ): -$175.34
Advanced Micro Devices (AMD): -$291.63

I don't remember getting up and getting in to the office this morning. I also don't really remember how I got home either.

It was one of those days where your head wasn't really in it - and it had a disastrous result.

I've had a lot on my mind lately and all through the morning my mind kept wandering and it started thinking about this and thinking about that. A lot of the times I automatically reacted to something I saw without really assessing why I was trading.

In the end, it was just one bad trade after another. I took one big hit after another and the funny thing is that I was just too tired and fatigued to get emotional (ha! fatigue overcame emotions today! it's probably a good thing!). There was no revenge trading or anything of the sort - just more of a "oh - I lost money *yawn*.

Because of this, there were some trades I hadn't a clue as to why they were put on (in my trading journal there were a few times I just sat there, not knowing what to write as to why I got into the trade). And a lot of my positions had sizes that were nonsensical.

In fact, as I review my day right now, I don't really remember much of it (do I have a hangover or something?). It's as if the whole day was a blur or a dream and I can't recollect most of my day because it's all "fuzzy" and not too clear.

Oh well - right now I'm too tired to really get upset about what happened today. Looks like more trading tuition money today - boy do I have a lot to learn...which is not a very good thing - it means there's going to be a lot more tuition money I need to give up...

Lots of bad trades to share with you today. I'm not going to bother with charts for today - yesterday it took me 15 minutes to upload that one chart (it was probably something wrong with Blogger - AGAIN).

I'll hit the bed early tonight like an old man and hopefully I'll be more aware of what I'm doing tomorrow.

Good Trades
None.

Bad Trades
10:08AM - Hewlett Packard (HPQ) was moving up and reached some resistance at $39.50 while the Futures were also moving up. I thought the level was going to break so I went long 5000 shares. It eventually chopped me out of the positions and I got out as follows: 1-cent loser (1000 shares), 3-cent loser (2000 shares), 6-cent loser (2000 shares) ($190 loser before fees ; In: 10:08:59AM ; Long 5000 shares @ $39.50 ; Out: 10:10:34AM)

• I guess if I held this, it would have been a winner, but that was one severe chop on HPQ and I just couldn't bring myself to hold on to a potentially bad loser

11:30AM - AT&T (T) was moving sideways while the Futures were moving sideways. I don't know why, but I went long 3000 shares at $33.85. Just then, the Futures tanked hard, so I bailed out for a 4-cent loser ($120 loser before fees ; In: 11:30:59AM ; Long 3000 shares @ $33.85 ; Out: 11:33:35AM)

• Don't know what to say - AT&T wasn't really doing anything...I think my mind was wandering when I thought I saw something and went long (I think)

12:42AM - Advanced Micro Devices (AMD) looked like it caught some support at $21.50 while the Futures were moving down. I don't know why I decided to go long 5000 shares at $21.52 - I guess I was thinking "Hrmmm...$21.50 is holding up pretty good, time to get long!". Well Futures tanked more and I got out as follows: 2-cent loser (3000 shares), 3-cent loser (2000 shares) ($120 loser before fees ; In: 12:42:31PM ; Long 5000 shares @ $21.52 ; Out: 12:43:17PM)

• Don't know what I was thinking...it was after this trade I decided I'm not of sound mind and I shouldn't be trading so I went home.