Monday, May 16, 2011

SCHW - loss


Took a second loss today in SCHW. However, the good news is that I did NOT make a mistake on this one. It just simply went against me - you'll have that.

Here's the chart:

It just went against me and I got out today according to my rules. I originally bought the option for $1.00 and sold it today for $0.25 for a LOSS of $0.75 and a NEGATIVE ROI of 75%.

Not one of my happiest days of trading, but you gotta take the bad with the good. Now I look for the next set up.

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