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Just now, for the first time in nearly five years, I did a bit of short-term, stock investing. It was nerve-racking, because the 3x-leveraged inverse of the Russell 2000 index, TZA, moves faster than anything I've ever attempted. IB kept rejecting my orders, because they have controls on how far an order can be away from the market, and they kept blocking my execution because, by the time I had written the order, the market had already moved. But, finally, I saw that the SP500 futures had stalled at a temporary high, meaning TZA was likely stalled at a temporary low, and I was able to get in.

Predictably, the position moved against me as prices went lower (aka, ES went higher). But I knew that was just a temporary set-back, because this market was going down. So I set a sell-stop at a greedy profit of $0.50 per share. Then, predictably, I panicked and set a more reasonable one of two-bits, and I got kicked out 4 minutes (and one second) later with an hour's wages. (I work cheap. LOL) Now I need to review in more detail exactly what I did right, and --more importantly-- what I shouldn't have done, so I can do it again tomorrow.

Whee, this stock-investing stuff is fun, and much better money than bonds.
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