I finally did a wrong call trying to time the market. Oh, well

 

For the last few days, I tried to time the market by trading ETF almost daily.  And Finally I made a mistake on 03/02/2011… :(  And that’s a mistake I can prevent if I follow my own trend, oh, well…

This is what I did:

 

	Assume Cash before	Action	Symbol	Name	vol	unit price	trading cost	Plus/Minus	Assume Cash after
22-Feb	6000	buy	TYP	DIREXION DLY TECH BEAR 3X	300	19.688	29	-5935.55	64.45
24-Feb	64.45	sell	TYP	DIREXION DLY TECH BEAR 3X	300	20.62	29	6157.03	6221.48
24-Feb	6221.48	buy	TYH	DIREXION DLY TECH BULL 3X	100	50.74	29	-5103	1118.48
25-Feb	1118.48	sell	TYH	DIREXION DLY TECH BEAR 3X	100	52.811	29	5252.04	6370.52
28-Feb	6370.52	buy	TYP	DIREXION DLY TECH BEAR 3X	300	19.909	29	-6001.7	368.82
1-Mar	368.82	sell	TYP	DIREXION DLY TECH BEAR 3X	300	20.84	29	6223.02	6591.84
2-Mar	6591.84	buy	EDZ	DIREXION E/M BEAR 3X-NEW	300	21.789	29	-6565.7	26.14

<-- bad!!! Market price on 3/4 8:30am: 20.67, lost close to 400 dollars here