Wednesday, May 27, 2009



shorted MON as it was breaking lows on the day. i also saw it come across breifing so i had some extra conviction. then, the breifing trader said he was taking his .90 profit and i thought wow, this guy was in here way ahead of me i better get out. i got out positive, which is good, but the stock continued to crumble another dollar. good downside volume, wish i would have held on longer or shorted a couple more hundred shares, that way i could take some profits and let the rest ride. but, i got to keep it easy with how many shares i trade. the losses add up much faster when you have a few hundred shares working vs a hundred shares.

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