Next To Nothing

Gross: +$193.00
Net: +$8.59
Loss From Top: $199.35
Trades: 96
Shares Traded: 178800

Stocks Traded Today (net profit/loss):
Corning (GLW): +$95.59
AT&T (T): +$89.30
Hewlett Packard (HPQ) +$71.83
Walmart (WMT): -$1.06
Home Depot (HD): -$11.25
General Electric (GE): -$13.80
Motorola (MOT): -$58.83
Disney (DIS): -$67.57
Advanced Micro Devices (AMD): -$95.66

Yup! Leave it up to the weekend to trip me up and break my rhythm (as usual).

Though we did have a nice move in the morning followed by a rather sideways afternoon, I found that there were quite a few opportunities that presented themselves during the afternoon action.

Unfortunately I was either too slow or missed them outright. Again, I must admit my mind wasn't really into it when the day started.

And I don't know why, but I always seem more tired than normal on Mondays. I do go to bed at my regular time on Sunday evening, but for whatever reason, I always feel a little too sloth-like when I come in on Monday mornings.

Every trade I put on today seemed to have an equal and opposite trade. All day I'd put on a trade that was profitable, only to be followed by a trade that lost me money by almost the same amount.

I think if I were a longer-term trader, I would have made some good profits. There were some nice intraday moves made by several stocks today...unfortunately for a trader like me, the afternoon sideways action really had me chopped up.

Walmart (WMT) really slapped me around in the afternoon. There were some ferocious chops, some of which went my way, while others went against me.

There's not much else for me to say about today. Everything just seemed to go by in a blur. Even as a write this, I feel like nodding off...maybe cause it's starting to get cold outside and I feel like hibernating...I dunno...

I guess you can say that all day today I just didn't pay attention and my mind seemed to drift off many times today. One bad trade versus one good trade today.

And so I basically ended the day the way I started the day....with next to nothing.

Today just felt like a waste of a day, a waste of my time, a waste of my effort, and a waste of money (fare used to pay for public transit). I could have been 1000000000000000000 times more productive had I stayed at home (catch up on some reading, catch up on some sleep, organize myself a bit, and a list of 100 things that I have not had time to do yet).

P.S. I've just switched my blogs over to the new Blogger Beta and as a result, certain things may look different or funky...I'll need some time to figure everything out and I hope you'll all bear with me....Thanks!

Good Trades
2:29PM - Walmart (WMT) was bouncing up while the Futures were flat. WMT had just made an intraday low, but was bouncing up quite hard. WMT bounced so high, it came up to some resistance at the $46.10 level, where there was 800+ size on the offer. When this broke, I went long 4000 shares and got everything out for a 4-cent winner ($160 profit before fees ; In: 2:29:09 ; Long 4000 shares @ $46.10 ; Out: 2:29:50)


Bad Trades
12:56PM - Home Depot (HD) was downtrending while the Futures were also dropping. I went short 3000 shares as HD broke it's intraday lows, but then there was a really awful chop upwards and I had to bail out of my position. I got everything out for a 5-cent loser ($150 loser before fees ; In: 12:56:07 ; Short 3000 shares @ $36.29 ; Out: 12:57:48)

• At the time, this HD looked OK...the Futures were also dropping as well - I just didn't expect HD to chop up like that