RE:Lost 10K todayUnlucky13 wrote: This puts my total losses at over 55k (in debt mind you). I bought HNU at $13.50 today for a daytrade and sold at $12.50, 10000 shares. I have been borrowing money on credit cards and now own 25000 shares of Baytex and hoping to make my money back that way. I need $10 on Baytex to walk away with with 40K and some profit. Any other things I can trade? I have lost big on Natural Gas. Should have listened to Mayor. Max, make any money back? On the bright side I was down $150K at one point so I have clawed back 100K but this is a bull market and I am still down plenty. Why am I so dumb? Why would I buy at $13.50 and watch itI go all the way to $12.50 and sell? I really thought we would see $4 Natural Gas this week. Do I wait until after the report and buy the opposite of the one that goes up? My connection to BTE is that even on an up day I have increased my average cost of Baytex to break even now. Maybe I am greedy but I need $8.30 to break even now and $10 to walk away with a squeaker of a profit. The reason I am so frustrated is because I use to need $6 to walk away even and $8 for a profit and $10 for a life changing profit. Now I need $12 for a life changing profit. I don't think we ever get to $10 or $12 ever again, at $8 I will really have to consider selling if it ever comes. I had made so many trading mistakes.
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Your posts never add up.....I have seen your postings on HNU - on days when NG is rising you claim to be "all in HND" and getting creamed. On days when NG is pulling back, you claim to be "all in HNU" and getting creamed. On these same days that you claim to be losing 10's of thousands playing NG you claim on the BTE board that you are facing a margin call. It also cracks me up the way you ask for people's advice on the NG boards, as if they are experts.. NG is the most fickle whimsicle commodity going and no one knows how it will behave on a given day.....2 weeks ago you claimed to be "all in HND" yet now you are long and thinking NG is going to $4???
HNU/HND is a fool's trade....if you are bullish on NG, buy a gas stock. I am NG bullish and trade SWN, buying and selling an average of 5,000 shares per day, its been an ATM for me.
Wouldn't touch HNU with a 10 foot pole.