Thursday Trade Results 7/31/2008

The numbers speak for themself. I was a good boy staying with a hand full of trades until I got stopped out and made a profit but more were for loses than gains. I worked myself back into scared mode and freaked out on a late day BA trade. The trade would have made me green for the month if I stayed in it.
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The numbers:
Stocks: gross -130 net -178 shares 9200
Stock Futures: none
Forex: none

Wednesday Trade Review 7/30/2008

I again as always took a great day and made it nothing. I had a couple of bad days picking winners recently so today when I picked some great winners, I took profits way too soon. I had 8 trades today - 4 good ones, 3 break even and 1 loser. My net was only 36. It should have been over 1000. I will post charts if I had a chance later.
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The numbers:
Stocks: gross +70 net +36 shares 6200
Stock Futures: none
Forex: none

Tuesday Trade Review 7/29/2008

I sucked today. I made many rookie mistakes including entering buy orders when I mean sell. I also just put on a couple of trades for the hell of it. Today and Friday were really stupid days for me. And last week, I missed so many opportunities, I want to cry. I was going to short AMZN in after hours on the day of their earnings and we have tornado warnings with the lights flickering. Nuts -fucking nuts. There is no charts worth posting.
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The numbers:
Stocks: gross -148 net -170 shares 5200
Stock Futures: none
Forex: none

Monday Trade Review 7/28/2008

Main trades above other than a long RIO near the open. It broke out and failed quickly and I got stopped for 22 cents.

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The Numbers:

Stocks: gross -58 net -92 shares 5400

Stock Futures: none

Forex: none

Friday Trade Review 7/25/2008

I got chopped up today. I short 5 times where I nearly hit the low of the day. I also had my stops hit by two cents twice before the trade went in my favor. With my style, I am surprised I did not get killed today.
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The numbers:
Stocks: gross -134 net -157 shares 5800
Stock Futures: none
Forex: none

Thursday Trade Review 7/24/2008

I made 7 trades today. 5 of them turned out being great but I was out before they became great. I stopped out of one of them with a stop too close. Two I got not of because they took too long to happen and the other two I just chicken. One of the remaining could have gone for some coin and the other was just a big loss.
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If someone looked at the charts and my trades, I would say you made 1000 or maybe 1500 today and I said I lost 3 dollars. Their response - "you're an idiot". Yes, I am today.
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The numbers:
Stocks: gross +26 net -3 shares 5400
Stock Futures: none
Forex: none

Wednesday Trade Review 7/23/2008

Above chart contains my best and worst trades of the day. I saw that WHR had great earnings and could surge and boy did it. I just wish I held it a little longer. Today there was tons of great trades early in the day and late in the day. I am pissed that I did not do better.
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The numbers:
Stocks: gross +222 net +205 shares 3200
Stock Futures: none
Forex: none

Tuesday Trade Review - Dumb and Dumber 7/22/2008

Not too many trades and the ones to blog about are above.

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The numbers:

Stocks: gross +167 net +153 shares 2400

Stock Futures: none

Forex: none

Monday Trade Review 7/21/2008

Charts on the trades I made today.

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The numbers:

Stock: gross +132 net +119 shares 2600

Stock Futures: none

Forex: none

Did someone ring a bell?

I posted this on the The Trading Goddess blogsite and thought it was good to do it here.

I have not been to doing too much posting here recently for two reasons - it is summer and frankly it has been too depressing. All the sectors - my four horsemen, commodity EFTs and commodity stocks have all been crashed of late but something happened this week.

On Tuesday when the markets started getting hit right after the opening, volumes became massive. The numbers of stocks hitting new lows I believe was a record but the markets did not break. On that day the Smart Dumb indicator showed a strong chance of a bottom and the following days it has rallied. This indicates at least in the short term, meaning months, bottom is in.

I know I post very simple charts. Sometime the charts even look like I draw on them with crayons(I have tried that but it is hard to get crayon off your LCD screen). But just look at the simple charts above using default indicators that big chart.com gives.

When looking for a bottom, I use the MACD, volume spikes and breaking of trend lines. I notes a bunch on the charts. We have the best looking ones in a very long while. In my personal IRA accounts, I have gone from 30% invested to 70% last week and I look to go 100% this week if we did not rally too hard on Monday/Tuesday. The indicators above do not work all the time but they are easy to use with very little time. I think they are great to use to time mutual fund purchases. I will also be going to 100% invested in my 401k for the first time in 18 months but there I am close to that most of the time because of stupid restrictions.

Good trading and good luck.

Friday Trade Review 7/18/2008

Again I have lots of plans tonight but what the hell this is summer. All the trades were really in the morning by 11 am - after that everyone left. NO great trades and a couple of stupid ones.
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The numbers:
Stocks: gross -115 net -135 shares 3600
Stock Futures: none
Forex: none

Thursday Trade Review 7/17/2008

An Okay day. I am really tired and had to do a lot tonigh so a small post.
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The numbers:
Stocks: gross +151 net +125 shares 5200
Stock Futures: none
Forex: none

Wednesday Trade I made 716/2008

There are so many data issues, I had to used the IB chart. All the rest were screwed up. Bottom line I was short 1000 shares at a cost of 31.65 when the stock truly opened at 31.35 then dropped to 31.20 before racing to 31.75 and freaking me out. It then dropped to 30.70. I could have made a nice profit. My stop idea after the open was 32 but I was a big baby and wanted out early. Fuck me.

Wednesday Trade Review 7/16/2008

Again another day why I am not making it as a trader. I was shorting one of Crammers stocks and my fills were gifts from the trading Gods. I got big slips in my favor on 3 out of 4. By the time is started trading more normal like, it made a fast run for the highs. I saw a $400 profit shrink fast and I hit the cover button. I lost $18. The trade in the next few seconds would have gone minus 70 on me before falling again. Fall? did it fall fast. In about 3 minutes I could have been up over $1000 but I am an idiot.
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After rolling around on the floor and having a cow, there was data issues for most of the rest of the day. I took a long lunch and cut some tree branches down. I am having a hard time trying to figure out why I keep trying.
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Maybe I will post a chart or two later unless me or my Computers meet with an untimely death.
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The numbers:
Stocks: gross -15 net -28 shares 2600
Stock Futures: none
Forex: none

Tuesday Trades I made 7/15/2008

The GS trades I wish I had the guts to follow thru with but they were the first trades of the day. The USB trade was a little funny. I forgot I put it on and I was talking to my wife and had the sound off on my PC. So the little beep telling me I was filled, I missed.

Tuesday Trade Review 7/15/2008

Things went a little better today. So much was missed and the spreads were crazy. If I get a chance I will add some charts tonight. I made most of my money today in a trade of USB. I forgot I had it in. Maybe that is a new way I should trade.
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The numbers:
Stocks: gross +179 net +156 shares 4100
Stock Futures: none
Forex: none

Monday Trades I made 7/14/2008

No big deal. I was not in the right place at the right time today. I thought to post some charts. Everybody seems to like charts.

Monday Trade Review 7/14/2008

Crap - period. I could not trade myself out of a paper bag right now.
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The numbers:
Stocks: gross -99 net - 156 shares 11,000
Stock Futures: none
Forex: none

Friday Trade Review 7/10/2008

No Trades.

Thursdays Trade Review 7/9/2008

The numbers:
Stocks: gross -18 net -21 shares 400
Stock Futures: none
Forex: none

Wednesday Trade Review 7/9/2008

I found I new way of being completely stupid in the market today. I had just put on a 2 contract short in the YM's (Dow futures). I had my order 6 ticks below the low as a sell stop. I got filed on the bottom tick. The position started going against me but not by much - just bouncing around. I watch two chat rooms with I believe to be good people. Suddenly, I see a cut and paste of a news story that Bin Laden had been killed by British Solders. I paused for two seconds and saw the tick spike. I hit the get me out bottom. I caught the top tick of the move. The Dow never went higher. I did not hit my stop. Now I doubt I would have kept the trade on until the lows but I should have had around a $400 gain instead of a $200 loss. I am such a fucking idiot.
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The numbers:
Stocks: gross -13 net -34 shares 4200
Stock Futures: gross -200 net -210 contracts 2
Forex: none

Tuesday Trade Review 7/8/2008

Short post. I had a virus on one of my PCs. Killed about 2 hours when we had the big afternoon rally - sucks. Still working on PC.
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The numbers:
Stocks: gross -31 net -65 shares 6600
Stock Futures: none
Forex: none

Monday Trade Review 7/7/2008

I stuck to trading one stock today - my favorite RIO. I tried catching like 15 to 30 cent moves and did a bad job of it. The broker is really happy.
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Trades were: -11 cents, -15 cents, +2 cents, +7 cents, +1 cent, -5 cents, +11 cents
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The numbers:
Stocks: gross -101 net -162 shares 12,000
Stock Futures: none
Forex: none
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There was no Big Mouth Stocks.

Currency Markets- A weekly look 7/6/2008

EUR/USD - Euro

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

USD/CAD - Canadian Dollar

USD/JPY - Yen

USD/CHF - Swiss Franc

Every so often it is very good to look at the big picture. The Dollar may or may not be putting in bottom here. A lot of these charts have key points to watch.

June Monthly Numbers

My June monthly numbers:
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Wins: 82 Losses: 68
Avg Win: 32.37 Avg Loss: -38.24
Gross Trading: 54.00.00
Commissions: -623.40
Net Trading: -569.40
Biggest Win: 245.00 Biggest Loss: -170.00
Data Fees: -58.00
Interest: 115.41
Account Net: -537.99

Thursday Trade Review 7/3/2008

Under the Big Mouth Stocks is a chart of my main trade for the day. It nearly gave me a heart attack where on the trade my PNL went back and forth from +300 to -450 in seconds a bunch of times. If I realized what was happening, I could have used it to profit more. Over and over, I find myself panicking in the heat of the battle. I need to calm down.
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Another big frustration was the data issues. I logged on to nearly ever account I had and at some point all of them were having issues. How does a trader trade during those times? After making $123, I took this as a sign to just watch. I had to leave early anyway.
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The numbers:
Stocks: gross +129 net +123 shares 1200.
Stock Futures: none
Forex: none

Thursday Big Mouth Stocks 7/3/2008

The notes are on the charts. Both were great setups and once again the trading gods say here is some money and I answer back - no thank you - I like being poor.

Wednesday Trade Review 7/2/2008

The above chart is why I am failing as a trader. I do a very good job of managing my losses. I do a okay job of picking trades most days.
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I do not let my winners run. With my trading method, I need to do that. I know most days I am not going to make much money but those couple of days a month where things fall into place, you got to make the most of it. I am not. On Wednesday, I should have make 2 to 4k. I made $97. I am scared of losing profits but not losing money.
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I really do not know how to fix myself - maybe as many as suggested, I am not fixable.
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The numbers:
Stocks: gross +145 net +97 shares 9100
Stock Futures: none
Forex: none

Wednesday Big Mouth Stocks 7/2/2008

No big money here but you could have made a couple of dollars. I did.

Tuesday Trade Review 7/1/2008

Only two trades - one lost and one gain. I spent most of the day under a sink replacing a faucet.

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The numbers:

Stocks: gross -18 net -24 shares 1200

Stock futures: none

Forex: none

Tuesday Big Mouth Stocks 7/1/2008

Not that great.