Walgreen’s started back down today and that got my attention… a little. I’ll have to keep an eye on it. Unless I free up some cash or add to the account there is no money right now unless I throw margin money at it. And somewhere awhile back I had decided that I was trying to get away from margin trading.
No margin trading, that was the idea when I started back trading. Last time I got a little soft with my margin discipline and it almost cost me the account. Truth be told it wasn’t just the margin; I was way heavy in one stock with options and snap! It turned and took a monster shark size bite out of me. So now my mind plays tug of war, go with margin but with better discipline or go without because I have no discipline. If WAG keeps coming down we’ll see which way wins next week. That’s it for today.
Here’s to not doing stupid things on days of boredom and to keeping an eye on your Everyday Money.