Expired 15 BC 100 SEP 09 7.5 put, mark 9.78

My fifteen Brunswick Corp (BC) September puts expired on Friday. I entered this at \$0.39 back in mid-August. This position is worth \$0 now. That is a total loss of \$585 + \$15 commission. Long story short, here are some mistakes I made with this trade, in decreasing order of significance:

  1. Shorting when the trend is obviously up.
  2. Not adhering to my stop.
  3. Low liquidity asset.
  4. High commission.

Well, as I've said earlier, I will be focusing on developing my trading tools and strategies for the next few months. I have just placed my first paper trade using a new strategy in the forex market. [caption id="attachment_1801" align="aligncenter" width="500" caption="Brunswick Corp"][Brunswick Corp][][/caption]

[Brunswick Corp]: http://traderpau.files.wordpress.com/2009/09/2009-09-19-bc.png