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covered all positions, but just messed up bigtime

Posted by timothysykes on Mon 7th of Dec, 2009 09:40:54 AM

Covered 3000 BIOF at 2.89 for a 3 cent/share profit, covered 1500 IFNY at 1.47 for another 3 cent/share gain…the pathetic size of gains is akin to me losing on these trades…time costs money and both turned out to be a waste…still decent trades risk-reward-wise, but neither gaped down or did the morning panic that I always look for to keep me in my positions…I’m on the hunt for new plays now!

forgot i had 7000 BIOF short in my other account, moron…risk of trading from multiple accounts with multiple brokers, those 7000 shares are getting squeeeeezed…pathetic $2k+ loss, still holding for now

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