After documenting the loss of ~ $650 on ZEPP, nearly half of the year's profits, I brought the trading amount up to $3200.00, sufficient to buy 50 shares of SOXL at my targeted price of $63.00.
Though making the decision to sell at a loss was discouraging, its minor effect on my mood showed how far I've come.
This morning, we're talking 2 a.m. this morning, a couple of hours ago, as the effects of the fentanyl dose change from 25 to 75 mcg lifted, I reset the sails (deposited money into the Webull account) and after having slept through most of yesterday, hoped to get a few hours before the full trading day begins at 7:30 (pre-mkt begins at 2 a.m.).
Further!
End of day update:
ZEPP continued down and closed at $18.02. Had I held, I'd have lost $950.00.
After watching SOXL drop like a stone to $60.50, I decided to wait and see what Monday brings before buying.
Unfortunately, this is not a game I'm good at. But lying here, hour after day, it's entertaining.
All that makes my head hurt! That's why we decided to pay people a percentage to do it for us. They must be doing pretty good. We have to take an RMD every year, based on her age, from the IRA we inherited from my mom, and have to drain the thing to zero within 8 more years. Thing is, because of earnings there's still as much in there now as when we first inherited it!
ReplyDeleteI only discovered it at the beginning of last year. Apparently, people have been making money hand-over-fist for the past four years or so. SOXL is up 142.22% since a year ago. I've limited my trading amount to around $3,000.00 as I try and get the hang of things, but I had several astounding runs where the numbers changed so fast I couldn't read them. And they were going up! It's been a "real learning experience."
ReplyDeleteI am afraid I would find it too entertaining. I don't get out much anymore (a decrepit 80, not like those old people you see in the drug ads) and have thought about it. Glad you are having fun. Intellectual gambling!!
ReplyDeleteJudithK!
DeleteYes! Intellectual gambling! Exactly!
The patterns are endless...kaleidoscopic. No sooner do I think I see one than it shifts.
I've never enjoyed tv or sports. And videos seem too fast. I enjoyed sitting in the gallery. Surrounded by art, I'd drink coffee and we'd, an artist or art enthusiast, converse about creativity. Sometimes they too would have coffee.