"Taking it one day at a time because there is nothing better to do than living in the present."

Friday, April 11, 2008

Pissed Off..............

So I thought I would be able to trade today, guess not. I just learned from my brokerage that cash trades once settled require an addition day to journey the fund into my margin account. What the... I am unable to make any profit for the week. Furthermore my holdings are falling in price value. What terrible timing to get a margin call.

I will be able to day trade on Monday and I will have a more cautious outlook because next week should be very volatile. Its a week were many companies post their 1st quarter's earnings. I must be patient and on the look out for big swings.

I think I am going to switch brokerages pretty soon. This is getting really annoying,

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All information in this blog are not to be used as investments by anyone. It is shown only to record my own experiences in the markets. I am not responsible for any lose, pain, anguish, or death you may have from following my trades. Therefore I polity warn all readers to use this site's information at their own discretion.