Bad Stock Trades - How much I lost trading stock every day for one month
- 3/18 How Much I Lost
- 3/17 Sold SYMC
- 3/16 Sold GM
- 3/15 Sold MU
- 3/14 Bought GM
- 3/11 Sold IOM
- 3/10 Bought MU
- 3/9 Bought SYMC
- 3/8 Bought IOM
- 3/7 Sold WDC and MU
- 3/4 Bought WDC
- 3/3 Sold ELN and CRNT
- 3/2 Sold RSH
- 3/1 Sold AMZN
- 2/28 Bought ELN
- 2/25 Sold ATI
- 2/24 Bought AMZN
- 2/23 Bought CRNT
- 2/22 Bought ATYT
- 2/18 Bought AMD
- 2/17 Bought RSH
- 2/16 Sold SKE
- 2/15 Bought SKE
- 2/14 Bought MU
- Hardware Stocks
- Software Stocks
- Israeli Stocks
Copyright 2005 by Morris Rosenthal
All Rights Reserved
Time to review our trading month and see exactly what went wrong. All of my trades for the moth are summarized in the table below. I lost $1,606, not counting the cost of the 13 trades (26 round trips) at $130. However, after going through this exercise, I feel great! Why? because if I'd bought and held those same stocks through today, I'd be out $2,992 instead. In a way, it's as if I made $1386 trading. A very strange way:-) I was doing fine against the NASDAQ until I went down on MU and tried getting it all back in one swing. My gamble on a stock I hate, IOM, cost me $330, and my gambles on two news stocks I know nothing about, ELN and GM, cost me $279 and $508 respectively. Everybody expected GM to have a lousy quarter, but I don't think anybody expected their stock to drop almost 20% in two days, I know I didn't.
| Stock and Shares | Buy Price | Sell Price | Gain or Loss | Price Today | Total gain or loss if held until today |
| 500 MU | $11.54 | $10.90 | $320 | $10.29 | $625 |
| 100 SKE | $34.31 | $34.96 | $65 | $36.45 | $214 |
| 100 RSH | $30.14 | $29.48 | $66 | $24.60 | $554 |
| 200 AMD | $17.13 | Still Own | $210 | $16.08 | $210 |
| 200 ATYT | $17.74 | $17.22 | $104 | $16.60 | $228 |
| 1000 CRNT | $5.00 | $5.25 | $250 | $5.16 | $160 |
| 100 AMZN | $33.96 | $35.37 | $141 | $34.16 | $20 |
| 300 ELN | $8.45 | $7.52 | $279 | $7.25 | $360 |
| 200 WDC | $11.97 | $11.96 | $2 | $11.59 | $76 |
| 1000 IOM | $4.71 | $4.38 | $330 | $4.11 | $600 |
| 100 SYMC | $21.19 | $20.23 | $96 | $20.63 | $66 |
| 300 MU | $10.64 | $10.15 | $147 | $10.29 | $105 |
| 100 GM | $34.24 | $29.16 | $508 | $28.62 | $562 |
| Total Loss | $1,606 | $2,992 |
| Symbol/Index | # Shares or Cash | Purchase Price | Day High | Day Low | Today's Change | Closing Price | Closing Value |
| AMD | 200 | $17.13 | $16.30 | $15.98 | -0.04 | $16.08 | $3,216 |
| Portfolio1 | $20,110 | N/A | $23.324 | ||||
| Dow Jones (DIA) | 230.251 | $108.48 | $106.44 | $105.44 | -0.16 | $105.96 | $24,426 |
| S&P 500 (SPY) | 206.254 | $121.21 | $119.53 | $118.15 | -0.35 | $118.54 | $24,449 |
| Nasdaq (QQQQ) | 658.241 | $37.98 | $36.78 | $36.36 | -0.20 | $36.51 | $24,032 |
1Portfolio balance is after all trading costs in SEP brokerage account with BrownCo