Standard and Poor and Greed

CFD trades: Tuesday, Nov 27 2007

SPX500 Index Spot

SHORT
(25.00) 1,412.00000000 35,300.00
25.00 1,416.80000000 (35,420.00)

LONG
25.00 1,420.00000000 (35,500.00)
(25.00) 1,422.00000000 35,550.00

LONG
25.00 1,421.80000000 (35,545.00)
(25.00) 1,424.80000000 35,620.00

SHORT
(26.00) 1,425.00000000 37,050.00
26.00 1,417.80000000 (36,862.80)



18:05:47 Market SPX500 (26.00) 1,425.00000000
20:11:29 Market SPX500 26.00 1,417.80000000

The market gave CFDumbMoney (CFDM) 13 points but due to greed not even 7 points were locked in.

SPX500 Short Mini-Winner

November 26, 2007

SOLD 24 SPX500 at 1,434.60
DealTime (London): 18:18:44

BOUGHT 24 SPX500 at 1,431.60
DealTime (London): 19:13:18



Although a winning trade, CFDumbMoney sold right before another 25 point drop. Since the "urge to gamble" almost wiped me out a couple weeks ago (Posted shortly) I put my focus on discipline -- the wizard who believes "losing all of you money is one of the best things that can happen to a beginning trader" does have a point.