Just as I previewed in my watchlist last night, I shorted 5,000 shares of OPTT on red (I alerted this trade via Twitter too). I got whipsawed out and then chickened out after re-shorting. Tough loss.
Daily profit: ($1678.00)
Disclosure: No positions. I have a disclosure policy.
I can take losing money, even lots of it. But I couldn’t take losing Nordman.
How about some Hert Leblanc? I’m feeling a bit Cajun, and he’s Acadian, so getting back to the roots. Plus this is just an excellent take on a classic French song. (Band in video is not singing the song–it was remixed by a fan)
Michael
Do not get disappointed by days like today. Sometimes u will have a string of days like these. Probability/Maths says so. And then you will have days where u will take the loot. As u are trading relatively big sized positions on small float stocks or shorting small priced stocks you have to be very disciplined and strictly follow good risk management rules. Always, always stick to your risk management rules and live to fight another day.
The Hert Leblanc rocked…thanks..