In my last post and in my tweets I mentioned shorting MOS yesterday.  It did not collapse like I had hoped, it being more of a swing trade anyway, but I was able to book a nice $830 profit.  I really needed that win as my trading hasn’t been very well lately.  After I booked that win I didn’t do any more trading for the day.  I believe once you make a big leap towards a goal you should either play really cautious or quit – I chose to quit.

I am not trading today due to work, but WOW what a crash!  The Dow Jones Industrial Average fell 1000 points in minutes.  There are rumors going around that it was an error by one of the big institutions, but we’ll have to wait and see what happens next to really know.  I am going to continue taking it easy this week, probably not even trading tomorrow.  Starting next week I am going to start tracking my trades in real time on the “Real-Time Trades” page of the site on the top menu.  This is a system that I had created which will store all of my trades from here on out.  You’ll be able to see trades as soon as I enter, exit and all historical data will remain so you can see my progress over time.

Lastly, I will begin writing educational posts soon and hoping to get the first one done this weekend.  My goal is to start small and basic and keep writing through the stages of a trader.  Essentially I want this blog to be like a big book for new traders and anyone else looking to learn.