Oct 25, 2008

I’m looking for Dow Jones…

The thing about day trading is that you can easily make $10,000 in a single day. The other thing about day trading is that you can easily LOSE $10,000 in a single day, as witnessed firsthand today. I guess Dow Jones, who had become a really good friend over the last two weeks, felt our relationship was too one sided and wanted some reciprocity. I think I’m gonna ask him to step outside if his selfish, recalcitrant behavior continues next week. In all seriousness though my colleague told me that in order to be a good day trader you have to remain unemotional about losses and gains, and in the end I'm still up so it's not so bad...bring on next week.