Tuesday Trade Review 12/30/2008

A stupid day of trading being a complete wimp. A day I wanted to tell everyone to go f-themself. I was tired, drug hungover and yes my balls still hurt.
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The numbers:
Stocks: gross +8 net -19 shares 5400
Stock Futures: none
Forex: none

Pain in my Pants 12/29/2008

I am trying to focus but while playing racket ball I got hit at full speed where a guy does not want to get hit. It took me 15 minutes to get to my feet. Now after some Vicodin, I am too stoned too think but my balls are still in serious pain. Add to that, my wife is singing her favorite out loud her favorite "Bread" song over and over. I need to go to bed.
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The numbers (like anyone really gives a rats ass about them):
Stocks: gross -8 net -38 shares 5500
Stock futures: none
Forex: none
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F-it. I am going to tell a joke.
Two old men sitting on a park bench.
One says to the other - "I went to the Doctor yesterday"
The other - "What for?"
"I have fluid on my knee"
"So what did the doctor tell you to do??"
"He said - Aim better"

The pain is my side........

Every year there seems to be a trade or two that stands out in my mind. Those trades I remember for a very long time. My wife complains I beat myself up too much and that very few of these trades of the year are for the positive. At the end of August, the overall market was down about 12% and I was up 8%.

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That is when I went on vacation. I was doing a swing trade in the QLD. I had a good entry of 72 during the middle of July. My target was 93. QLD had been as high as 83 and was trading around 77. While on vacation, I had no stop - no real access to the internet and was not following the market. I assumed the pullback was like the one seen in April. I wanted my 93. By the time I was back from vacation, the market had cracked hard. I tried getting out at 70 but the market never rallied back to that point. After breaking the first major rule - no stop, I decided to break the second major rule - allowing a swing turn into an investment. I still own it today. This position has cost my account 15%.

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The second trade is a failure to trade the plan. The PFF ETF has a habit of breaking hard and bouncing back when bad news hits the market. My plan was to buy 500 shares around 22, 500 shares around 21 and finally buy 1000 shares around 20 using an 18 or 19 as a stop loss. My target would be a bounce of 27 to 28 area. I bought the first 500 but lost the guts to buy the rest. On the day PFF bounced from 22 and change to 24 and change, trading in PFF was really weird that morning so I got out with a small gain. My lack of following though with my trading plan was caused but my screwing up the QLD trade. I was too scared to trade properly being down so much.

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I hope the New Year clears my mind and I can get back on track. I was trading well given the market until my vacation. I normally place stop loss orders when I can't watch the market. I picked a bad year to break that rule. The cost of these two trades above puts my account down about 28% for the year instead of being close to break even in my main IRA account.

Friday Trade Review 12/26/2008

Had only one good trade today and it is on the chart above. Very hard to trade today where my orders I thought would get filled, did not. I should have held a little longer in RIO but I needed to drive my wife to the doctor. She had a very bad cold and could not drive herself. The doctor visit took 4 hours so I missed the rest of the day. I wonder if I would have played RIO to the update or the oils based on the crazy action between 1:30 and 2:30 est.
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This was my second best week of the year and I only traded 3 days and about 8 hours in total - amazing. Maybe more is less.
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The numbers:
Stocks: gross +204 net +181 shares 4600
Stock Futures: none
Forex: none

Wednesday Trade Review 12/24/2008

Another one got away. This is a big mouth stock. I was hoping to short it around 33 at 8 am. The bid/ask was 32.30 and 33.00 so I put my short order in at 32.90. I waited 15 minutes and cancelled it. A couple of shares trades at 32.30 then 32.75. I sat there with time slipping away. I had a company Christmas party to get to. Then minutes later I saw more shares go at 32.78 and then 32.80. For a few seconds I saw a bid for 500 shares at 32.80 with an ask at 32.90. I thought to myself I could short the 500 at 32.80 with a stop at 33 and a target of 32.30. The shares were taken with out me and I had to leave. Two hours later, I found my plan would have worked perfectly for a $250 gain. Damn. Merry F-ing Christmas to me. I got to change this in the new year.
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The numbers:
Stocks :none
Stock Futures: none
Forex: none

Tuesday Trade Review 12/23/2008

A couple of bucks from shorting the Big Mouth stock LLY and a few from an early short of RIO. Hard to find trades again and I missed the steels sell off late morning before I had to go.
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The numbers:
Stocks: gross +155 net +142 gross 2600
Stock Futures: none
Forex: none

Tuesday Morning Stuff

Finally after wanting to do it for months, I cleaned up my Blog lists. It is amazing how many Blogs come and go.

Monday Trade Review 12/22/2008

Shorted the Big Mouth stock in after hours Friday night. Covered just before the open when I expected a pop at the open. The pop happened and I got filled one of my 3 short orders and the stock declined nicely. I wish I had the guts to use bigger order size and held a little longer. Regardless, it was one of the easiest trades I have made in a long time. I found no more trades for the day.
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The numbers:
Stocks: gross +272 net +267 shares 1000
Stock Futures: none
Forex: none

Fred Thompson on the Economy

This is the sad sad true of what is happening now. I saw this on Disciplinedinvesting.blogspot.com and just had to post it here.

Another one that got away

No guts - no glory. One of the problems I have trading currencies is that my signals always seem to happen in the middle of the night. The two buy points of the EURO (1.3070 and 1.3400), I was sitting at my desk watching the action. Both times it was late at night and I said to myself, do I really want to start a position just before I go to sleep. I wimped out both times and lost out at some fast money. I suck.

Friday Trade Review 12/19/2008

Stupid day period.
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The numbers:
Stocks: gross +34 net +16 shares 3600
Stock Futures: none
Forex: none

Thursday Trade Review 12/18/2008

Only good trade for today on the chart above. Today - I just could not get it together. Had some beautiful short setups on the open and could not get myself filled. I should have been using market orders.
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The numbers:
Stocks: gross +38 net +16 shares 4400
Stock Futures: none
Forex: none

Tuesday Trade Reviw 12/16/2008

Talk about a dead market this morning when I could trade.
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The numbers:
Stocks: gross -10 net -18 shares 3200
Stock Futures: none
Forex: none

Monday Trade Review 12/15/2008

I screwed this day up. The trading Gods said - here have some easy money and I said no thanks.
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The numbers:
Stocks: gross +108 net +93 shares 3000
Stock Futures: none
Forex: none - God am I stupid for not being long the EURO right now.

Friday Trade Review 12/12/2008

Chopfest.
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The numbers:
Stocks: gross +80 net +65 shares 3000
Stock Futures: none
Forex: none

Thursday Trade Review 12/11/2008

Today was a weird day. I fat fingered an update to one of my computers and destroyed my ability to get to the Internet. I did not get the computer back online until just before the open. My head was a mess. I missed so many things in the would of could of should of file it was not funny. I am still kicking myself tonight. I made only 3 trades and thank god one was okay.
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The numbers:
Stocks: gross +190 net +177 shares 2600
Stock Futures: none
Forex: none

Wednesday Trade Review

I woke up late so I figured if I was going to be 30 minutes late it made no different being 60 minutes late instead. I traded the open by shorting a big mouth stock and it worked like a charm. The I ran like hell - I was 60 minutes - shit.
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The numbers:
Stocks: gross +240 net +234 shares 1200
Stock Futures: none
Forex: none

Tuesday Trade Review 12/9/2008

I did not trade well at all . Most of my trades are picture above for you home-gamers. I think I need to cut my share size a little and widen my stops a little. It was my worse losing day since May, but again $400 is no big deal. My goal is to make a $100 to $200 a day when I trade and not to have days above loses of $100. Once I do that, I double those numbers and then again until I can make a living at this.

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The numbers:

Stocks: gross -333 net -403 shares 14,000

Stock Futures: none

Forex: none

Fleetwood Mac The Chain - Priceless

It is one of those weird things in life that makes it so wonderful. I was able to score tickets to my wife's very favorite band just a couple of weeks from her 50th birthday to do something super special for her. Priceless.

Monday Trade Review 12/8/2008

Trying to buy your wife a special gift and trading stocks at the same time do not mix well. Who cares, I got the tickets anyway.
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The numbers: gross -50 net - 55 shares 800
Stock Futures: none
Forex: none

Friday Trade Review 12/05/2008

The numbers:
Stocks: gross -11.71 net -51.71 shares 8000
Stock Futures: none
Forex: none

Thursday 12/4/2008

My first day back to trading after a great time in Vegas. Unfortunately, I came bad with a bad cold. I had problems at times following the market but I wanted so badly to get on the horse again. (please no drug jokes - haha).
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The numbers:
Stocks: gross +49 net +17 shares 6400
Stock Futures: none
Forex: none

November Monthly numbers

My November monthly numbers:
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Wins: 31 Losses: 18
Avg Win: 62.13 Avg Loss: -47.60
Gross Trading: 1,069.35
Commissions: -288.06
Net Trading: 781.29
Biggest Win: 233.60 Biggest Loss: -141.00
Data Fees: -167.95
Interest: 39.23
Account Net: 652.57

Wednesday Trade Review 11/26/2008

Leaving for Vegas in a couple of hours so I will not be posting for a while. Okay day. Bottom line of the day - I should have sat on every trade longer and when I had the idea to good long the Dow futures - I should have.
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The numbers:
Stocks: gross +139 net +118 shares 3900
Stock Futures: none
Forex: none

Tuesday Trade Review 11/25/2008

Feeling a little better today - I hope today was the last day I am dealing with contractors for the rest of the year.
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The numbers:
Stocks: gross +144 net +74 shares 13,600
Stock Futures: gross +60 net +50 contracts 4
Forex: none

One thing that did make me happy today - I filled up my car with gas

my last 5 fill ups:
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10/19 $2.84 a gallon
10/25 $2.41
11/4 $2.23
11/13 $1.97
11/24 $1.65
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Which was the lowest I paid since April of 2004.

Monday Trade Review 11/24/2008

I had a piss ass day but if I tell you why, someone will slam me for it, so f anyone who tries.
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The numbers:
Stocks: gross +77 net +48 shares 5600
Stock Futures: none
Forex: none

Friday Trade Review 11/21/2008

This is weird. I had a ton of things to do and looked at the market for about 10 minutes. I saw all the Brazilian stocks going down so I shorted the EWZ. I was in the trade for a couple of minutes and it seemed to have found support. I got out and went on to other things for the rest of the day. I wish it was this easy all the time.
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The numbers:
Stocks: gross +105 net +100 shares 1000
Stocks Futures: none
Forex: none

Thursday Trade Review 11/20/2008

The numbers:
Stocks: gross +117 net +110 shares 1200
Stock Futures: none
Forex: none

Wednesday Trade Review 11/19/2008

Stupid day for me.
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The numbers:
Stocks: gross +39 net +31 shares 1600
Stock Futures: none
Forex: none

Tuesday Trade Review 11/18/2008

Nothing was easy today.
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The numbers:
Stocks: gross -84 net -104 shares 4000
Stock Futures: none
Forex: none

Friday Trade Review 11/14/2008

Today I had very little time to watch the market. In fact, I had ten minutes here and ten minutes there, so I was looking for simple fast moves. Some how, I found to quick ones with out taking a loss. Both times, I was in the market for what it seemed like only a minute and made my goal of $100 both times. I wish trading was this easy everyday. A course in both cases if I sat on my hands and waited 10 minutes my profits could have been $400 a piece.

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The numbers:

Stocks: gross +105 net +100 shares 1000

Stock Futures: gross +100 net +95 contracts 2

Forex: none

This one is for Crack 11/13/2008

A big mouth trade that worked today.

Thursday Trade Review 11/13/2008

A couple of charts with my trades on it. The post above also is a trade I did today.

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The numbers:

Stocks: gross+92 net +53 shares 7600

Stock Futures: none

Forex: none

Tuesday Trade Review 11/11/2008

The numbers:
Stocks: gross +81 net +68 shares 2600
Stock Futures: none
Forex: none

Thursday Trade Review 11/6/2008

Finally, a trade that worked the way I expected it to. All my other trades today were break evens.
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The numbers:
Stocks: gross +172 net +144 shares 5600
Stock Futures: none
Forex: none

Porn - WTF

This is our future. Sad very Sad. So much for freedom.

Tuesday Trade Review 11/04/2008

A stupid start to the month. The contractors came today but at the wrong time. They were early. It screwed up everything.
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The numbers:
Stocks: gross -51 net -77 shares 5000
Stock Futures: none
Forex: none

October Monthly Numbers

My October monthly numbers:
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Wins: 55 Losses: 27
Avg Win: 43.49 Avg Loss: -66.37
Gross Trading: 600.00
Commissions: -539.98
Net Trading: 60.02
Biggest Win: 307.00 Biggest Loss: -326.00
Data Fees: -58.00
Interest: 39.23
Account Net: 41.25

Confused and Tired 11/02/2008

I should be and want to post more details of my trades. My trading and blogging time has been reduced greatly for the last 6 weeks and I do not see any changes to that. Regardless, this blog has been a trading diary for myself and I need to do better with it to better myself.

Thursday Trade Review 10/30/2008

The numbers:
Stocks: gross +32 net -9 shares 8600
Stock Futures: none
Forex: none

Wednesday Trade Review 10/29/2008

The numbers:
Stocks: none
Stock Futures: gross +45 net +35 contract 4
Forex: none

Tuesday Trade Review 10/29/2008

The numbers:
Stocks: gross -13 net -88 shares 15,000
Stock Futures: none
Forex: none

Monday Trade Results 10/27/2008

Stupid trade when I could not watch things correctly.
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The numbers:
Stocks: gross -125 net -145 shares 1000
Stock Futures: none
Forex: none

Friday Trade Review 10/24/2008

Just got chopped up. One at one point $200 then down $300 then up then down then up. Basically just making the broker happy.
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The numbers:
Stocks: gross+25 net -25 shares 9600
Stock Futures: none
Forex: none

Thursday Trade Review 10/23/2008

Just an insane day of walls getting ripped down and other crap. I tried trading which I think was wrong for me to do.
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The numbers:
Stocks: gross -35 net -111 shares 15,200
Stock Futures: none
Forex: none

Wednesday Trade Review 10/22/2008

Made a couple of trades while the contractor and insurance people were here.
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The numbers:
Stocks: gross +27 net +11 shares 3200
Stock Futures: none
Forex: none

Tuesday Trade Review 10/21/2008

I finally had a good day. I caught the big mouth stock LINE for a $300 profit. I would have had more but I thought I had been filled short 1000 shares instead only 700. I covered 500 and by fat fingering I had a second 500 cover making me long on a falling stock. I did not mean to have the second order in on top of the fact it was the wrong size. That cost me $200. I had a couple more nice trades and a bunch of Break Evens.
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The numbers:
Stocks: gross +647 net +597 shares 10,000
Stock Futures: none
Forex: none - I keep missing some really great trades here.

Monday Trade Review 10/20/2008

Had a few moments to watch the market and made one trade - no bad deal.
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The numbers:
Stocks: gross +15 net +10 shares 1,000
Stock Futures: none
Forex: none

Thursday Trading Review 10/16/2007

I traded in the morning and when I arrived back home later in the day, I found one of my toilets had busted. It is the toilet on the 2nd floor of our townhouse. I water went all the way into the basement. As I write this, people are ripping the drywall out.
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The numbers:
Stocks: gross +159 net +114 shares 9000
Stock Futures: none
Forex: none

Tuesday Trading Review 10/14/2008

Today's trading was a moral victory for me. Most of the recent trading days, I have been 200 to 400 early only to end even or down 200 or 300 dollars. Today I started out down 500 and fought back to a $81 gain.
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The numbers:
Stocks: gross +122 net +81 shares 8200
Stocks Futures: none
Forex: none

Crap - missed again.

Comments on the chart. I am sick about it when I point the trade out to others and do not have the brains to follow my own words.

Thursday Trade Review 10/09/2008

I screwed up one really good trade that put me in the hole by 250. I never recovered.
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The numbers:
Stocks: gross -161 net -205 shares 9000
Stock Futures: none
Forex: none

September Monthly Numbers

My September monthly numbers:
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Wins: 46 Losses: 290
Avg Win: 46.24 Avg Loss: -64.41
Gross Trading: 259.00
Commissions: -707.90
Net Trading: -448.90
Biggest Win: 160.00 Biggest Loss: -315.00
Data Fees: -58.00
Interest: 107.34
Account Net: -399.56

Wednesday Trade Review 10/8/2008

I was not smart. My first trade was going long RIO near the morning top. Ok in OK out. Second trade was SID selling the near break down. Ok in, out too fast for no reason. Third Trade I shorted AKS and got out so damn quick for no reason. AKS fell another 1 point once I got out. I then became totally stupid and forced a trade in RIO and lost. I was pissed about RIO and AKS and things I should have down in premarket so I revenged traded for the next 30 minutes. I turned a plus 200 day in to a minus 300 day.
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The numbers:
Stocks: gross -250 net -310 shares 12,000
Stock Futures: none
Forex: none

I hate when this happens.

I was in a cafe watching CNN when the vote happened.

A chart from Thursday Trading

I love Blogger. You can back date your entries just like Barney Frank wants to back date his Freddie and Fanny comments.

Thursday Trade Review 10/02/2008

Different Month, same results.
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The numbers:
Stocks: Gross +12 net -14 shares 5200
Stock Futures: none
Forex: none

Sunday Monday and Tuesday Stupidity

Just some examples of trades where I had the setup I was looking for and I either sit and watch the trade go by or I put in an limit order seconds too late or I did get filled and captured less than 20% of the move because I got out too fast. A new way of beating myself up.

Tuesday Trade Review 9/30/2008

The numbers:
Stocks: gross +37 net -7 shares 8800
Stock Futures: gross-25 net -40 contracts 6
Forex: none

Trading Goddess Stock Blog

For those who do not know, I also post at The Trading Goddess Stock Blog Site. You can click on my name in the list of "Our Contributors" found on the left side of the blog.

Friday Trade Review 9/26/2008

The numbers:
Stocks: gross -18 net -41 3600 shares traded
Stock Futures: none
Forex: none

Thursday Trade Review 9/25/2008

The numbers:
Stocks: gross +116 net +96 4200 shares
Stock Futures: none
Forex: none

Tuesday Trade Review 9/23/2008

The numbers:
Stocks: gross +25 net -30 shares 11,000
Stock Futures: gross +30 net -25 contracts 2
Forex: none

Tuesday Morning Thoughts 9/23/2008

I seems like for weeks - every morning I log into my computers, I would see the markets in chaos - sometimes total chaos. Today, there seems to be a great calmness to the markets. Have we entered the eye of the storm?

Friday Trade Review 9/19/2008

I had a few minutes to watch the markets but could not get my orders to be filled excepted for one and then got stopped quickly.
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The numbers:
Stocks: gross +15 net +10 shares 1000
Stock Futures: none
Forex: none

Thursday Trade Review 918/2008

I traded like a madman today. So fast at times, I screwed up twice very big. Both times costing me about $150. Again instead of trading like a madman I should just have sat on my hands and made money. I have never traded this many shares before in one day.
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The numbers:
Stocks: gross -196 net -394 shares traded 39,200
Stock Futures: none
Forex: none

Wednesday Trade Review 9/17/2008

Yes - I did trade today. I will post my numbers when I do trade. If there is no numbers posted, I either traded and then died before I could post them or I did not trade. I am not one of those traders that only post numbers when I do good. My life is nuts right now and I do not think I will be able to trade too often. I will post swing trades when I close them out.
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The numbers:
Stocks: gross +133 net +73 shares 12,000
Stock Futures: none
Forex: none

Time to start drinking harder stuff.......

Good God - look at the F-ing Markets.

Wednesday Trade Review 9/10/2008

The numbers:
Stocks: gross +127 net +37 shares 18,000
Stock Futures: none
Forex: none
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A real stupid - missed The Big Mouth Stock by a couple of cents - cost me $600. Had a 1000 shares position on RIO early in the day with a buy stop over highs for another 1500. Had to go to the bathroom too badly and closed position at Break even. Cost me $750. Screwed up TRA because I was too pissed at RIO. Cost me $500 and the day just went on and on.
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If someone traded my ideas today with any style, they would have easily made 3k. Me - I make fucking $37 dollars.
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But to the readers of this blog - all of know, this is how I trade. Like a fucking Moron.

Tuesday Trade Review 9/9/2008

The numbers:
Stocks: gross +249 net +130 shares 24,600
Stock Futures: gross -315 net -330 contracts 6
Forex: none

August Monthly Numbers

My August monthly numbers:
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Wins: 89 Losses: 48
Avg Win: 41.40 Avg Loss: -43.79
Gross Trading: 1,583.00
Commissions: -714.90
Net Trading: 868.10
Biggest Win: 399.00 Biggest Loss: -160.00
Data Fees: -157.95
Interest: 109.60
Account Net: 819.75

Monday Trade Review 9/8/2008

The Numbers:
Stocks: gross +68 net +19 shares 11,800
Stock Futures: none
Forex: none

August Monthly Numbers

My August monthly numbers:
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Wins: 89 Losses: 48
Avg Win: 41.40 Avg Loss: -43.79
Gross Trading: 1583.00
Commissions: -714.90
Net Trading: 868.10
Biggest Win: 399.00 Biggest Loss: -160.00
Data Fees: -157.95
Interest: 109.60
Account Net: 819.75

Life Sucks - Period

I am going on vacation for a week. When I come back I do not know if I will continue trading or not. If or when I next trade, I do not know if I will post my results. Maybe I will just post my market thoughts from time to time.
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I did not blow up. In fact I am up a small amount for the year and made 4k last year and 7k the year before. It is the fact I am getting no where while I have been at this full time for nearly a year and it is frustrating the shit out of me where I can no long function. Something has to change before I do something really stupid.
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Good Bye until next time.

Friday Trade Review 8/29/2008

The Numbers:
Stocks: gross +12 net -31 shares 8600
Stock Futures: gross +45 net +15 contracts 12
forex: none

Thursday Trade Review 8/28/2008

The numbers:
Stocks: gross +19 net -13 shares 5400
Stock Futures: gross -60 net -75 contracts 6
Forex: none

Wednesday trade Review 8/27/2008

ZZZZZZZZZZZZZZZZZ
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The numbers:
Stocks: gross +21 net +6 shares 2400
Stock Futures: none
Forex:none

Tuesday Trade Review 8/26/2008

Above is the only good trade I had today. It was a Big Mouth stock. After 3 weeks, two of them because of the Olympics and one from recommending lists of stocks, I believe the Big Mouth stocks are back. My second trade has DE and it never went in my favorite. I spent too much time watching it and missing a good trade in RIO. The rest of the day was dead for me.
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The numbers:
Stocks: gross +49 net +32 shares 3200
Stock Futures: none
Forex: none

Monday Trade Review 8/25/2008

This is how my day started. First trade great - sold a little early. Second trade out of greed - pick the top and got stopped out by a hair. In the process losing half of my profits on the first trade. Everything went down hill from there.
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The numbers:
Stock: gross +32 net +8 4200
Stock Futures: none
Forex: none

Friday Trade Review 8/22/2008

Evil Microsoft hit me again. I was asked if I wanted to install updates. I did not think twice and started the process. XP service pack 3 got loaded. I took me 10 hours to recover and everything is still not running right.
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The Numbers:
Stocks: gross -8 net -56 shares 9400
Stock Futures: none
Forex: none

Thursday Trade Review 8/212008

PITA day to trade. Main trades in the charts above. I know how many of you like pictures - especial the guys.

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The numbers:

Stocks: gross +92 net +48 shares 8800

Stock Futures: none

Forex: none

Wednesday Trade Review 8/20/2008

A crazy day for me because of my mistakes. I shorted RIO after it broke the first bar of the day. Then I added two more orders as sell stops below the market but instead they were limits instead. Suddenly I was short a lot more shares than I expected. Need to change the stop order. A course I fucked that up too. Instead of just changing the share amount, I deleted the order and was going to enter a new. Why? - I have no idea. So RIO blows thru the stop area before I get the order in and I was looking at a $400 loss less than 10 minutes into the day. What do I buy? Short some more shares. Stupid and then I got my stop in. I cover here and there and here. Short some more and cover some more. After that stupidity, I made a couple of more trades and got back in black and hardly traded in the afternoon. Broker very happy.
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The only thing I take out of this day is I did not fold my tent after the first ten minutes and go home.
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The numbers:
Stocks: gross +77 net +19 shares 11,600
Stock Futures: none
Forex: none

Tuesday Trade Review 8/19/2008

Very boring and I missed the few trades out there.
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The numbers:
Stocks: gross +35 net+7 shares 5600
Stock Futures: none
Forex: none

Monday Trade Review 8/18/2008

I am getting really burnt out. I can't even find a way to enter orders. I screwed up twice today. Many give me all types of ideas to enter orders but I am just a lost cause.
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The chart is RIO my current favorite stock to trade. I wanted to short at 25.53 but saw a huge bid at 25.50. I instead put my starter position in as a sell stop at 25.49. I got filled. RIO started going sideways and a little up. I added at 25.55 - doubling my shares with a close stop of 25.59. I hate adding to losers. I also had at this time another sell stop to add under 25.44 to double my position again. It got filled. It many times when RIO breaks more than 15 cents in two minutes, it bounces hard so I had a buy stop to cover 3/4s of my position at 25.39 or I thought. Instead I had an order to buy a lot more shares then I had shorted. Once I was filled I noticed the mistake and sold them quickly but a 1/4 of my profit was gone. Looking back I was just plain stupid to cover in the first place.
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To screw with myself even more, I wanted to short a stock but I went long instead. I sold quickly but lost a couple of bucks. Then the stock fall where if I had shorted, I would have made good money. On the first rally of the stock, I shorted it and quickly lost a chunk of money.
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Not doing those dumb mistakes with the revenge trade cost me a nice day. I should have been up $400 to $500. Stupid me.
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The numbers:
Stocks: gross +106 net +64 shares 8400
Stock Futures: none
Forex: none

Friday Trade Review 8/15/2008

A total garbage day. A couple of trades and nothing to write about. All the real money was made in the first 15 minutes of trading. None by me.
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The numbers:
Stocks: gross -45 net -55 shares 2000
Stock Futures: none
Forex: none

Thursday Trade Review 8/14/2008

My head is spinning. I went insane today and made so many mistake out of haste. I did revenged traded a couple of times - once worked, other two times screwed myself. Just went nuts. I made 17 trades and did more shares in one day in over a year. I am too tired to chart and I have family matters to get to.
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The numbers:
Stocks: gross -10 net -108 shares 19,100
Stock Futures: none
Forex: gross -80 net -85 1 big contract

Wednesday Trade Review 8/13/2008

My DE trade was best of the day. I am continuing to have success this month but I leave tons of money on the table not holding on to positions and still too many of my positions are chicken size. I had a $800 move in RIO that I made $20 on. On a CAT trade I made $60 when the move went $200 and my size should have been doubled. I got out of JPM and CSIQ at small losses where if I held them thru the $150 stop loss as I had planned, they both would have done well.
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I was looking over my stats from the past and seldom did I have a plus or minus day more than $100. Now most of my days are plus or minus over $100. Seldom did I have trades making of losing $50. Now each day I have a couple. I need to continue to push myself and sit on my freaking hands.
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The numbers:
Stocks: gross +252 net +214 shares 7400
Stock Futures: gross +30 net +25 contract 2
Forex: none

Tuesday Trade Review 8/12/2008

I screwed this day up royally. Wrong stop placements. Pulling orders. Being pigheaded. Above is a good example where I screwed myself.
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The numbers:
Stocks: gross +100 net +77 shares 4200
Stock Futures: none
Forex: none

Monday Trade Review 8/11/2008

The chart said it all. It has my best (badly done), my worst trade (same as my best trade) and the trade I should have not missed. I made a bunch of small trades in RIO but overall it was a quiet day for me.
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I does pissed me off I have watched the EURO closely but unable to make any money off of it.
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The numbers:
Stocks: gross +211 net +175 shares 7200
Stock Futures: none
Forex: none

Currency Markets

EUR/USD - Euro

AUD/USD - Aussie Dollar
GBP/USD - British Pound
USD/CAD - Canadian Dollar

USD/JPY - Yen

USD/CHF - Swiss Franc

This is one of my most painful posts I have ever written. The last time I posted an entry about the currencies, I was so excited feeling that I timed my post at the perfect moment. In that post, I thought the US Dollar was just about ready for its next leg down. Five of the Six major currencies had trade setups I like. This was the most since last year.
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Boy was I wrong. The US Dollar was had a massive run 2 and 1/2 week against everything. Now I do not know for certain, but this could be a major turn in the Dollar for the next couple of months or even years. I hope so. I want to go to Europe some time soon.
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The mode is now to look for retracements of this run to get long the Dollar. This could put pressure on US Stocks that get the bulk of their earnings from overseas and Oil's rise has also been blame partially on the Dollars fall. This could change. Who knows- maybe all we have to do is get those tire gauges and pumps and the energy crisis will be solved.

Friday Trade Review 8/8/2008

One nice trade in NUE. I got in at the right time, had the right size (500), held thru a short amount of pain and then peeled shares off when the market gave me reason to. Why can't I do this all the time on both my winning and losing trades. I should give myself some credit - I now do this about 20% of the time when a couple of months ago I never did it.
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The other trades were just crap. I had two quick trades in TRA and MOS - both should have been with 300 shares instead of 100 and I only took 15-20 cents when both could have easily netted 50.
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The numbers:
Stocks: gross +166 net +147 shares 3400
Stock Futures: none
Forex: none

Thursday Trade Review 8/7/2008

The charts have the details.

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The numbers:

Stocks: gross +108 net +89 shares 3600

Stock Futures: none

Forex: none

Wednesday Trade Review 8/6/2008

Never got into the day. No good trades or bad trades just nothing trades.
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The numbers:
Stocks: gross -8 net -29 shares 4000
Stock Futures: none
Forex: gross +12 net +7 4 minis

July Monthly Numbers

My July monthly numbers:
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Wins: 73 Losses: 49
Avg Win: 37.03Avg Loss: -53.18
Gross Trading: 97.00
Commissions: -564.48
Net Trading: -467.48
Biggest Win: 245.00 Biggest Loss: -200.00
Data Fees: -58.00
Interest: 107.73
Account Net: -417.75

Tuesday Trade Review 8/5/2008

Finally a good trade to talk about but I am still disappointed in it. I saw all the steels falling apart but RIO so I want to short the crap out of it. I could not move fast enough and only got 1500 shares off and at a price a little lower than I wanted. My default setting is 500 on my IB platform. I was able to remember to peel. Something I am not good at yet. My net was close to $400.-
The rest of the day I treaded water on a bunch of nothing trades. Two of them, I should have sat on my hands with. Maybe one day.
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The numbers:
Stocks: gross +407 net +382 shares 4400
Stock futures: none
Forex: none