-$1,880 today. I got ran over on AEZS due to a really stupid mistake. I also traded XCO and MYSZ.
I was trading AEZS this morning and was down just $170 on it, but was up for the day due to my other good trades. I took one last shot on it before I had to go to my kid’s swimming lessons. Right before I left I was up a few hundred $’s. Instead of just locking it in, I decided to keep the position on and placed a cover order at my profit target. For some odd reason, I did not place a stop loss order when I left my house. I also had an add order I had at 2.08 that I did not think to cancel. I then left for my kid’s swimming lessons. This is where in the story you can slap me in the face for absolute stupidity!! I honestly don’t know what I was thinking. I guess I was naively confident it was done running… who knows! I usually alway use range orders if I have to step away, but this time I didn’t and it killed me. By the time I got back home I was down over $6500 on AEZS which I covered when it broke the then HOD of 2.64. Instead of getting mad, I zeroed in on some good shorts. I ended up making back just under $4000 of the loss which I am very happy with. So the loss today is well deserved and lesson learned.
XCO was not my best trading either today. I had two great short entries then I let comments from investorslive and others in that chat room, sway my trading plan and scare me out of the shorts. Had I just stuck to my plans I would have been dead on with both shorts and would have been up well over $1500 on the plays today. Just dumb.
I guess I really do need that break to clear my head sooner than I thought!