Wednesday, April 30, 2008

Wednesday Trade Review 4/30/2008

Another day where I just could not pull it off. To add insult to injury, I was in 4 good trades and found ways of screwing each of them up. I will leave it at that. I had things to do in the afternoon so I missed the decline.
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Tomorrow is a start of a new month.
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The numbers:
Stocks: gross -57 net -82 shares 4800
Stock futures: none
Forex: none

Tuesday, April 29, 2008

Tuesday Big Mouth Stocks 4/29/2008


These were hard to make money off of. I tried but came up with nothing.

Tuesday Trade Review 4/29/2008

I do not know what to say. I drove about 500 miles between noon and midnight yesterday so I got in late. I ate too much and drank a little. Could not sleep and then over slept so I was not in a good mood. I drank a bunch of caffeine and got all pumped for the open and found this day to be really boring.
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I made 6 trades and all six I would put in the break even category. I could not find any action and I am pissed I did not think about playing MA or V. Dumb move on my part. Even the Big Mouth Stocks were useless.
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The numbers:
Stocks: gross +13 gross -1 shares 2600
Stock futures: none
Forex: none

Monday, April 28, 2008

Monday Big Mouth Stocks 4/28/2008



These were a gold mine today. I only got a hold of one of them. My daughter was visiting on my mind was not on trading.

Mondays Trade Review 4/28/2008

I need to cut this trading day short. My daughter is visiting for the fist time which seems like forever. I am going to drive her back home and hopefully her boyfriend will buy me dinner. If I get home early enough, I will post some charts.
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This trading day sucks anyway.
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The numbers:
Stocks: gross +104 net +100 shares 400.
Stock Futures: none
Forex: none

Childern

One of the last night hosts was asked how it was being a parent. He said his ex-wife said it best (and I hope I caught it correctly).

"From the moment a child is born, it is like your heart spends the rest of your life walking around outside your body".

I agree strongly.

Sunday, April 27, 2008

Mystery solved

Over on the DT site, there are many stories of the common ups and downs of life. I never laughed so hard to his story of a crazy morning that ended with his 2 year old taking a dump on the kitchen floor. Here is one of my stories. I changed the names to protect the innocent.
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(smart-ass-daughter - calling on a cell phone) Hey Dad.
(dumb-ass-father) Hey kiddo.
(smart-ass-daughter) so what is the deal about visiting? (dad was to call daughter about when daughter could visit and transportation details)
(dumb-ass-father) I gave you a long voice mail on it yesterday afternoon.
(smart-ass-daughter) I did not get a message from you.
(dumb-ass-father) I called you about 3:13 and about 10pm the night before. (looking at his dialed list on the cell phone)
(smart-ass-daughter) I got no messages from at all. (looking at her call list)
(dumb-ass-father getting very frustrated) Well, I called you. In fact, I try calling you about 4 times a months every month since you got out of college.
(smart-ass-daughter) I think you have only called me once or twice since I got my my phone in September. What number did you call?
(dumb-ass-father) XXX-XXX-XXXX
(smart-ass-daughter) that is my old phone from the phone my old boyfriend gave me. He must have not disconnected the number.
(dumb-ass-father seeing he had the new in his phone book but the speed dial was still set to the old number) shit!

Friday, April 25, 2008

How to keep your broker happy 4/25/2008

The first trade was not bad and the third was an idiot trade but there was a ton of stocks with false break outs today and I did not take in account for that but I kept my broker happy.

Friday Trade Review 4/25/2008

This was my best trade of the day. A very quick in and out using a trail stop. TCK was going down a couple of cents with each trade and is thin so I was not going to allow my profits to go away.
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I did a lot of trading today and had a bunch of break/even trades. You can see the Big Mouth post below to see my TRN and look above to the post to see my AKS trades.
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Very frustrating to think about today. I need to figure out another method of madness I think.
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The numbers:
Stocks: gross +145 net +117 share 5600
Stock Futures: none (missed a big trade here by pulling an order too soon)
Forex: none

Friday Big Mouth Stocks 4/25/2008




I was really excited about two of these because they had big pops in AH last night. I was not as excited today because of the lack of volume. I did short TRN like an idiot I freaked out when the spread got large and a big bid showed up. I only made 1/3 of what I should have.
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Six out of nine big mouth stocks have worked this week.

Thursday, April 24, 2008

Thursday Trade Review 4/24/2008

Just a stupid day for me. Not in a good mode at all. I should have just enjoyed the nice weather. A good example of my stupid moves are I was long XLF early in the day and managed to stop myself with a net gain of $8 when if I held on I could have had at least a $300 or more. This whole week I have not been mentally together.
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I need to destroy a Yellow Jacket nest - fun.
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The numbers:
Stocks: gross +41 net +28 shares 2400
Stock futures: none
Forex: none

Wednesday, April 23, 2008

Wednesday Trade Review 4/23/2008

I am stupid period. I had a couple of trade today where I could make good money. I did not let them run. One of those trades was TRA. I shorted and made 14 cents. I fell nearly a $1.50 after I got out with no major rallies. And you can looked at my Big Mouth post below. I missed a ton of money there.
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In AH hours, I shorted AAPL and got filled a lot lower than I wanted to then AAPL crashed but as soon I did fill it start to rally hard - I put my stop in and got filled down 300 on 100 shares but then it turned right around to start dropping fast again. It traded around my price before dropping a fast 6 points. I am just stupid. I could handle this 18 months ago with no problem. I do not understand why my brain can't handle it now.
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If I do not get my trading shit together soon, I will have to go back to corporate America - something I miss once in while but really don't want to do.
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The numbers:
Stocks: gross +36 net +3 shares 6008
Stock Futures: none
Forex: none
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After Hours:
Stocks: gross -311 net -315 shares 400
Stock futures: none
Forex: none

Wednesday Big Mouth Stocks



I have out posted the Big Mouth Stocks for a while. One - they really sucked for a while. Two - I got sick of looking at them.
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I posted then today because the Big Mouth was back from vacation and I thought what the hell. I should have paid more attention today but I didn't. They offered great entries and good declines. It makes me sick that if I had play with them - this is how I would have done.
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ITRI - short at 103.75 covered at 102.75 with 200 shares or a gain of $350
NBR - short at 38.80 covered at 38.20 with 500 shares or a gain of $300
EP- short at 18.30 covered at at 18.00 with 2000 shares or a gain of $600
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Total over $1200 - hell call it a day.

Tuesday, April 22, 2008

Tuesday Trade Review 4/22/2008







All my trades are on the charts today. I very stupid day for me.
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MCD - I buy it just before open and it rallies off it premarket bottom. I spend a few minutes in in pain and scratch the trade - dummy me.
SLB - I buy the morning Breakout. It runs in seconds and begins to fall as fast. I get out with very small profit looking to get back in which I never do.
CNQ - I buy CNQ as it gets ready to break its HOD and look to add. I setup my stop order and enter it. Wrong price on order, I got sold out and I am not smart enough to get back in. Dummy me.
XTO - I buy as it is going to break out again but it does not and I sell just before it falls apart.
RIO - I am really pissed at RIO because I tried to buy pullbacks in the morning and never got in. So I short it when it hits a new afternoon low after missing the first point to short. I short on the next to low tick of the move. I am stopped quickly.
NUE - I buy a HOD trade. Market is running higher and I buy the first thing that looks like it is going to run. Guess what - I miss the high tick by 4 and it starts going no where. I get get not wanting to play a stock into the close.
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So there you have it. Three trades where I am just a couple of ticks away from the high or low going against me. I had to completely idiot for the day trades and one in hindsight an okay trade.
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The numbers:
Stocks: gross -75 net -90 shares 2800
Stock futures: none
Forex: none





Monday, April 21, 2008

Monday Trade Review 4/21/2008



A lot of traders are frustrated with this market and I am too. I was able to make a little from FDG but the way it goes up and down made it too hard to hold for my stomach. I then turned to the steels and lost some money there. I was going to have lunch with someone so I cut my morning short. Lunch then lasted a long time and once I got back I had computers problems. I was not up and running again until 2:30.
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There I play lets scare the stock game. Say a stock is trading bid/ask of 45/50 so I place an order at 47. At that second it moves to 49-54 so I place the order at 50 and then the bid/ask moves to 51/55. I play this game with 3 stocks and never got filed. So I got mad and on the next one the bid/ask was 64/67 so I place an order at 69 assuming I would get filled at 67. No luck the bid/ask went to 69/72. I said fuck it and that was the end of my day. I just wonder where I would get filled with market orders on these. And these are stocks that trade a million or two a day - not something like 100k. This is how slow the market is.
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The numbers:
Stocks: gross + 47 net +39 shares 1600
Stock Futures: none
Forex: none

Saturday, April 19, 2008

Does anyone trade like this? 4/19/2008

I do not know if I should try to trade this idea or not. It seems to me so many times a company comes out with an earnings report the street is not happy with. The stocks trades down a couple of percent and then soon after the open, the stock turns positive and runs. SLB did it on Friday and NUE did it on Thursday.
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Does this makes sense on a large cap stock to put a buy order out there when the stock hit even and cancel it if it is not hit by 9:45 or 10:00? Comments?

Friday, April 18, 2008

Friday Trade Review 4/18/2008

Above was the my best trade of the day but again as so many times, I left a lot of money on the table. It is so frustrating to do that. I try to sell a piece or two to take the pressure off but I have had too many trades recently where I am up 40 cents and suddenly in seconds I am down 20 cents.
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Another frustration is how to think or hunt faster. My eyes were glued to the steels first thing in the morning but they were going no where. I did not rotate fast enough to look at the Oils to catch many of the big moves there. Or I did not see the Ags roll over soon enough in the afternoon. Is the answer more coffee?
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The numbers:
Stocks: gross +122 net +107 shares 2800
Stock Futures: none
Forex: none

Friday Midday Thoughts 4/18/2008

I am so bored I am listening to a traders tax seminar over the net - zzzzzzzzzzz.
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It is amazing so many things are moving so slow,

Friday Morning Thoughts 4/18/2008

Today is options expiration. Think of all the people being screwed by the big moves right now caused mainly by GOOG. This is why I never play this junk - only inter day stuff.
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Also if we hold on to these gains, this will be the first week in a long while where we had two big up days. On top of that, we are breaking some major chart patterns to the upside.

Thursday, April 17, 2008

Thursday Trade Review 4/17/2008


Today was a fight. I missed a couple of great trades in the steels right out of the gate and the rest of my day was a mess.
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You can look at the charts above for some of my trades. The first one was RIO. I only had 200 shares on the first then 500 on the second. The third which worked was the trade I short 500 twice. I try building positions as they are winners.
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Today was not a big winner but I felt good. I really started off the day by screwing up and digging a good hole. I did not let that get me down and I fought back to even.
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The numbers:
Stocks: gross +55 net +29 shares 4800
Stock Futures: none
Forex: none

Wednesday, April 16, 2008

March Monthly Review

My March monthly numbers:
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Wins: 83 Losses: 38
Avg Win: 26.07 Avg Loss: -51.39
Gross Trading: 211.00
Commissions: -432.10
Net Trading: -221.10
Biggest Win: 128.00 Biggest Loss: -546.00
Data Fees: -87.00
Interest: 179.98
Account Net: -128.12
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No good news here except I traded more and larger share size in a year. My brokers are happy. My largest loss was a swing trade that went bad. My second largest lost was 140. The weird thing this month is that everyday I traded futures I made money - not a lot but all black days.
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I need to continue to increase my size and take more chances with out chasing stocks - simple bottom line.

Wednesday Trade Review 4/15/2008



It has been a weird day of having the wife work from home, trying to explain taxes to my daughter and exploding milk bottle that covered the kitchen.
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I traded okay. I wish I saw more opportunities to trade. I just recycle threw a set of charts so I miss a lot of things. I am getting better at seeing things but I have a long way to go.
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The top chart was my trade of the day. I told some friends to buy either AKS, NUE or STLD. All 3 worked out fine. The chart below that was my PITA trade of the day. Seldom do I wait this long to get into a trade - about 20 minutes. I finally got filled then filled for the second part. In about 30 seconds, CNX drops 40 cents and stops me out.
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The numbers:
Stocks: gross +109 net +88 shares 3600
Stock Futures: none
Forex: none

Tuesday, April 15, 2008

Tuesday Trade Review 4/15/2008


Happy tax day. There are two charts above - my first trade of the day and my last. You can guess why I took the trades. My trades in between net me nothing other than keeping my broker happy.
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The numbers:
Stocks: gross +129 net +116 shares 2600
Stock futures: none
Forex: none

Monday, April 14, 2008

Monday Trade Review - wow he posted a chart 4/14/2008

Today was a pain in the ass. As I stated last week, I had to go to traffic court to fight a ticket I believed I did not deserve. That killed most of the trading day. I only made two trades - one in AGU (the chart above) for a ok profit and MOS for a break/even. I did find an honest lawyer that told me if I wanted to fight the ticket, I would cost me between $500 to $1200 for the lawyer. I would still likely have fines and courts fee of between $180 and $400 - win or lose and I had a 2% chance of winner only if I had good evidence that the cop was wrong. Stupid system.
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The numbers:
Stocks: gross +74 net +70 shares 800
Stock Futures: none
Forex: none

Friday, April 11, 2008

Friday Trade Review 4/11/2008

A better day for me - 3 trades - 2 winners and one B/E. Even though we had a nice down day - stocks did not move much. Monday will be interesting for me. I will be in court fighting a traffic ticket. I did not break the law. The cop thought I made an unsafe u-turn - fun.
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The numbers:
Stocks: gross +139 net + 126 shares 2400
Stock Futures: none
Forex: none

Thursday, April 10, 2008

Thursday Review 4/10/2008

I do not know what to say. I take pride in the fact that most days most of my trades are winners or scratches. Today just sucked for me. I made 8 trades and all were losers. You could count 4 of them as scratches.
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I did not lose much money - only about 340 dollars but it just sucked. I would have lost a lot more if I had used my old method of trading where I put the entire size on right a way. Instead I put on one third to one half and add to the position as it goes my way.
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This month sucks for me. I have had 4 bad days and only one so so day. Some people are finding lots of setups but in the stocks I like to trade, I am not or I am being late to the party. Case in point is AKS. When it broke to a new daily high and ran two points. That is a type of setup in the steels I like to take.
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The numbers:
Stocks: gross -247 net -264 shares 3000
Stock Futures: gross -65 net -75 contracts 4
Forex: none

Wednesday, April 9, 2008

Wednesday Trade Review 4/9/2008

Stupid day period.
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The numbers:
Stocks: gross +1 net -14 shares 2800
Stock Futures: none
Forex: none

Tuesday, April 8, 2008

Tuesday Trade Review 4/8/2008

I continue to dig the hole this month. I had two trades today that really screwed my day up. I bought V on at buy stop over 67 early this morning looking for some follow threw. I got none. In fact, it dropped very quickly after the buy. going past where my stop should have been. I try getting cute with selling the position but somehow I sold it twice. I find myself short with the stock now going up so I covered. My lost should have been around $80 instead it ends up being $160.
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To make matters worse, I some small profits on my futures trading going into the Fed notes at 2 pm. From the reaction to the notes, I thought we would have a good chance to break the lows of the day. I got a little too aggressive and ate up all my future trading profits and turned them into losses.
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This was just a bad day for my style and every time I force something - that was a stupid mistake.
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The numbers:
Stocks: gross -123 nets -135 shares 2600
Stock Futures: gross -55 net -70 contracts 6
Forex: none

Monday, April 7, 2008

Monday Trade Review 4/7/2008

For being so pissed at things I can not control, and at myself, add in the fact I can't seem to go more then 60 seconds with out coughing, I traded ok. I am sorry but a lot of things are just plain messed up in my life.
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The numbers:
Stocks: gross +100 net +90 shares 2000 (4 trades)
Stock Futures: gross +10 net +5 contracts 2
Forex: none

Sunday, April 6, 2008

New beginning/new ending/totally confused

I just do not know. I am tired. I am tired of being sick. I am tired of fighting with people. I am tired of dealing with so many assholes in this world. I am tired of cops giving you tickets because you deserve one instead of breaking the law. I am tired of all the people who want to get something for nothing and bitch they didn't get any.
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I am so so tired of all the pricks on TV making promises on what they will do for us. I am so tired of the people who understand what is happening to economy or markets but only say what the interviewer or crowd wants to here.
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I am tired of not being able to trade better after all this time and work.
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I am just so so tired of being tired.
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I hope tomorrow is the beginning of a new day for me. I need a break.

Friday, April 4, 2008

Friday Trade Review 4/4/2008

I am feeling better. I put clothes on today - haha. I am still trying to get my bearings on this market. I made 3 trades today and nothing crazy like yesterday. This again is going to be brief. Even thou I do not feel well, one of your toilet is leaking and needs to fix. And it is not going to be the wife.
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I did watch most of the trading for the first time this week.
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The numbers:
Stocks: gross +40 net +38 shares 400
Stocks Futures: gross -65 net -80 contracts 6
Forex: none

Thursday, April 3, 2008

Thursday Trade Review 4/3/2008

Stupid to trade while feeling sick. A couple of bonehead moves trying to get back into things.
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The numbers:
Stocks: gross -172 net -215 shares 4800
Stock Futures: none
Forex: none

Wednesday, April 2, 2008

Wednesday Trade Reviw 4/2/2008

Still too sick to trade - I should have said I died yesterday as an Aprils fools joke. I felt like it.

Tuesday, April 1, 2008

Tuesday Trade Review

Still very sick.