The market was very choppy today and I took a beating(-1300). I took 3 trades that were 1 small winner(bidu) and 2 big losers(SRS and FAZ). You can see the trades in my portfolio.
I guess this had something to do with the Somali pirates that were shot dead by the Navy snipers. What were these pirates thinking? They had a horrible set-up(asking the massive warship to tow them) with a horrible risk/reward ratio of 3:1. How did they come up with this kind of set-up? This question bugged me all day long and totally distracted me. These Damn Pirates! However, I still had a tiny winner and they were all losers. So I beat them by a very small margin today.
Here are the 2 big losers. 2 pictures are worth 2 thousand words.
Tell me whether I have beaten the pirates…….
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