I had been watching the insane volatility within the market and thought we were in a place where we were toooo oversold, so on Thur., after the the major rate cut coordination by the worlds largest economys I took a small long futures position but set a wider than normal stop to allow for the dramatic swings. I have been stopped out of positions pretty consistantly and wanted to give the positions a chance to work. By the end of the day I had to cover. Friday morning, I made a critical mistake. I closed my short and I averaged down what was a losing position. By the end of the day, I was literally an hour away from a margin call and having to close out Ebony Investment Partners, saved only by the rise in the market in the last hour. This was worst than '87. Market Crash this week, 16 year old funeral tommorrow.
Monday I would find out whether I would pay or play!!