Unless you are really regretful about the “missed” or “unrealized” opportunity, a realized profit never hurts. Here are two good examples of my intraday trades yesterday-

mos-intraday.pngThe Mosaic Company (MOS) was down yesterday, together with all the fertilizer stocks those were beaten badly. I played this for a reverse direction, and netted with +9.2% in less than 10mins. MOS continued its uptrend to $128 all the way from $123, so in the hindsight I would have nearly doubled the initial investment, if only (the counterfactual thinking). But once I am out, I was out. No second thoughts.

pot-intraday.png The Potash Corp (POT) was another fertilizer play for a short intraday netting +15.3% in short 15mins time. Almost the same pattern as with MOS (can’t attach the fill, But I am attaching a chart so you could see the price movement).

And guess what, at the close of the day, both were hammered further and I would have lost, if only, I would not have booked profits. Profits never hurts.

Profitable trading, OP

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