The late rally after Bernanke decided to "print" hurt. Had shorted BK and decided to hold onto the loss overnight. €44,000 was a substantial position.
Would have been a miserable morning with such a large loss position. There wasn't much happening in FSTE and decided to switch my long GBP/EUR position to long GBP/USD at 1.4348 about 11:20am. It proved to be one lucky switch and almost covered my entire loss in BK in merely 2 hours. The dollar simply dived to 1.4550 after the switch.
Took my loss €27,200 in BK immediately after the opening bell when the share priced dipped despite a higher DJIA opening (was thinking to hold it until 2:30pm when the jobless claim may push the index down a bit more but I was scared).
I think I'm done today. Already have had too much.
Ending Balance: €336,420
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