This is how much money I left on the table today with my Research in Motion (RIMM) trade. For those of you who don't know RIMM is owner of the Blackberry and apparently Q1 sales were literally off the charts. Of course being a diligent, well researched trader I knew this yesterday and went long this morning. But when it came time to hedge for the overnights I punked out and cashed in my chips. What a mistake! I just checked the aftermarket price. $60 and change. Up almost $11 from the 4PM close.
I took a $10K hit in February and it has made me seriously gun shy. The saying confidence is everything is never more truer in trading. Maybe tomorrow I can find a trade that brings back my confidence. Maybe.
