Sorry I have not written in a while. As my financial markets professor once said in class "the pain of losing money is much more than the joy of profiting"
Well, that pain has kept me away from trading all together recently. That and several piled up assignments.
Today I am back to declare a gradual re-entry. This is the second time my account is visiting all time lows with a current balance of $3200. If you remember back to the week long rally the DOW had during early March, you'll notice how the pullbacks from the gains were not noticeably seen. The DJI maintained an above 7000 point value and I shorted a 3X Financial BULL ETF-ticker:FAS soon after. It's hard for me to cover losing shorts, so I held invariably longer than I should have.
I still plan on trading exclusively and heavily during the summer months. I am not satisfied with all of my experiments in trading during the school year and hope to exonerate myself from the variability I've had in my account this year through some intensive work.
I should also declare, I will now be majoring in Math alongside Economics. Good day.
