Why do we even invest in a market like this? Luckily for me, this morning when I mucked up a few trades, I got pissed off and decided to sell a whole bunch of stuff moving me around 70% in cash. Hindsight, this was a fantastic move, as I was away the whole day due to another excruciating interview.
Had I not lost money this morning on dumb trades via FSLR & EFTC, my account could have been blown to pieces-- while at this meaningless interview.
Listen to this, I had DRYS, BIDU, VMW, MA, ICE, JASO, (These stocks were destroyed today!) the above stocks were sold this morning before the reversal. Had I held onto these worthless pieces of paper, I might have declared bankruptcy like ETFC will do (not really). In a sudden twist of irony, I ended up winning when I lost. Saved by a few bad trades!