Monday, June 30, 2008

Monday Trade Review 6/30/2008

I have had too many things today to do and too many things that wasted my time. I was at a Food Store that had weekly specials. The specials were buy $15 of other stuff and got 4 for $5 of something and buy $25 of other stuff and get 5 for $10. Now to get both specials do I need buy $25, $30, $35 or $40 other stuff? The people at the store told it depends on how the computer figures it out. WTF?
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The numbers:
Stocks: gross +20 net+7 shares 2600
Stock Futures: none
Forex: none
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I am just glad this month is over with. The last couple of weeks has been my worst period of trading in a very long time. I had 3 good days this month that handled a lot of the loses.

Monday Big Mouth Stocks 6/30/2008


These were not easy but not bad either.

Friday, June 27, 2008

Friday Trade Review 6/27/2008

My day sucked. My week sucked. Last week sucked. In the last 8 days, I have drop about $700 with one good day in there. I am down $500 for the month. I am not in a good mood - haha.
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The numbers:
Stocks: gross -108 net -153 shares 9000
Stock Futures: none
Forex: none

Friday Big Mouth 6/27/2008


First time in a while (10 days) where it was hard to make money in the big mouth stocks.

Thursday, June 26, 2008

Thursday Trade Review 6/26/2008

Today sucked - I spent too much of my morning trying to get rid of a mouse. I missed the big mouth stocks and only made one stock trade and two stock future trades.
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The numbers:
Stocks: gross -33 net -36 shares 600
Stock Futures: gross -30 net -50 contracts 4
Forex: none

Thursday Big Mouth Stocks 6/26/2008


Big big money here again for the second day in the row. I did not get in on the fun.

Wednesday, June 25, 2008

Wednesday Trade Review 6/25/2008



Here they are:

  1. Short 1000 RIO - fast short right out of the gate. No follow thru. Small loss.
  2. Short 300 AKS - shorting on the break of 66. Stupid idea but made a couple of dollars.
  3. Short 300 NUE - shorted on a new low at 75.60 but covered too early for no reason at all.
  4. Short 300 AKS - shorted a new low. Better setup but only made a little.
  5. Long 100 DRYS - went long breaking 80 in the morning but had a big slip in price. It started acting goofy and I got out.
  6. Short 300 AKS - shorted on a break of 65. Another dumb idea and lost all previous profits of the day.
  7. Short 300 TRA - I picked the bottom to short this stock. 3 cents off the low - lol.
  8. Short 500 DUG - I setup the order and then accidentally submitted it. Minutes later remembered the Fed was going to speak and I get out.
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The numbers:
Stocks: gross -54 net -86 shares 5700
Stock Futures: none
Forex: none

Wednesday Big Mouth Stocks 6/25/2008


I can not believe I could not get short these stocks and make money. I am not stupid. I should be shot.

Tuesday, June 24, 2008

Tuesday Trade Review 6/24/2008

My trades:
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1) Short 1500 of RIO - see chart above.
2) Long 300 of BJS - got in and got out for no reason. Stock moved about 50 in my favor after that.
3) Long 300 of MRO - once I made the money I lost on BJS, I got out. Dummy me. Stocks moved 80 cents in my favor after that.
4) Long 200 of MON twice - freaked out of both trades with small gains. Stocks moves 70 cents in my favor before times.
5) Short 300 of AGU - freaked out after a small gain on break down. Stock moves 4 points in my favor.
6) Short 200 of CF - freaked out after a small gain. Stock drops 3 points in my favor.
7) Short 500 of RIO - two stupid trades and lost a little money.
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I have never made this much money being this stupid with my trades. When I write above the stock moves that much in my favor, I mean before any type of correction in the move. It could have been a banner day but I fucked it up.
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The numbers:
Stocks: gross +291 net +249 shares 8000
Stock Futures: none
Forex: none

Tuesday Big Mouth Stocks 6/24/2008

One stock and it sucked.

Monday, June 23, 2008

Monday Trade Review 623/2008

Here they are:

1) Short 300 BQI - did not stat the way I wanted and it did not seem like it would go anywhere. I wanted to be short 2000 shares.
2) Short 300 TRA - pick the new low soon after open. Stock rallied sharply and I got stopped.
3) Short 500 RIO - I thought it was breaking down from a triangle around 10. Picked bottom tick.
4) Long 300 TRA - stock went no where for 20 mins - got out.
5) Short 100 DRYS - I was thinking it would break down. I was short a little after 11 and got out after 20 minutes. Stupid move.
6) Long 300 TRA - Bought a new HOD around 54.50. Went between 54.60 and 54.20 for an hour and I got out.
7) Short 500 SID - fast little move near its low. A little profit.
8) Long 300 NUE - in the last hour. Tried picking a pull back. It got messy and I got out with a small loss.
9) Long 300 SLB - I screwed this up. I tried buying at 108 up had the order for 109 and I miss executed it where I got filled at 108.05 but I thought a lot higher. If I do not know what is happening I get out. Made a small profit.

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The numbers:
Stocks: gross -100 net -129 shares 6400
Stock Futures: none
Forex: none

Monday Big Mouth Stocks 6/23/2008


Not a really a good day for them.

Friday, June 20, 2008

Friday Trade Review 6/20/2008

My first 3 trades are on the Big mouth charts below. Here are the other:
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1) Short AKS - new low of the day and pops back up quickly. Stop is hit.
2) Short TS - new low - enter trade as new low is hit. Volume explodes. The bid ask goes from 2-4 cents to 20 cents. I am short 300 shares and I am up $120 to being down $30, 3 round trips of this in two minutes. Get me out - I can't handle this. I make 10 cents a share and then the stock drops two bucks in an insane way - dummy me.
3) Short FTI - I make a little time but I am be driven mad by how it trades. Down 10 cents up 8. Down 15 up 16. Down 8 up 7. Down 12 up 9. A bloody water torture.
4) Short RIO and STLD - both new lows. I also had an order to short AKS but I pull it because of the other two. I get stopped on both after they go no where. Guess what - AKS drops over a buck while I am screwing around with the others.
5) Short STLD on new lows. I was so frustrated I shorted with 500 shares instead of the usual 200 or 300 on this name. Can't handle the bouncing around and sell break even then it falls a fast 30 cents. Dummy me.
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So those are my trades for the day. Maybe I should always write them down this way.
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The Numbers:
Stocks: gross -47 nets -79 shares 6400
Stock Futures: gross -10 net -30 contracts 4
Forex: none

Big Mouth Stocks 6/20/2008


You can see my attempts to make money. I was not smart enough in my attempts to make money.

Thursday, June 19, 2008

Thursday Trade Review 6/19/2008

I have heard from enough people that I whine too much. So I will keep it short - I was stupid today. I was too slow in making decisions and/or too slow in entering orders. And on my big loss today, I forget to place my stop in. Had I gotten my orders in fast enough, I would have made good money today. And I blame myself and no evil doers in the process
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The numbers:
Stocks: gross -25 net -58 shares 6200
Stocks futures: gross -170 net -180 contracts 4
Forex: none

Wednesday, June 18, 2008

Wednesday Trade Review 6/18/2008

My day sucked. This week sucks. It was much easier to find trades last week.
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I missed/screwed up the big mouth trades. I then tried shorting during our first decline this morning and missed a trade then missed another then when I finally got one off the decline was over and I lost. During the next decline I was too much of a whimp to short and I was not willing to go after then stocks going up either. Just a stupid day for me over all.
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The numbers:
Stocks: gross -79 net -96 shares 3200
Stock Futures: none
Forex: none

Wednesday Big Mouth Stocks 6/18/2008


You had some chance to make money here.

Tuesday, June 17, 2008

Tuesday Trade Review 6/17/2008

I only made 6 trades today and 2 of them were in SQM - a big mouth stock. My second trade was attempting to short the open pop. I was a pop that just would not stop. I got filled on 300 shares and in my crazier days I would have had a lot more. After 2/3 minutes of craziness where I thought I saw myself go in and out of profit maybe 4 or 5 times - I decided to get out. As so many times, I should have sat on my hands.
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I am making a lot of rookie mistakes during the last couple of weeks - typing in wrong order sizes, wrong entry points and either thinking I had an order in or forgetting I had an order in. This is just plain stupid. Previously I would do 1 or 2 a week. Now I seem to be doing it 3 or 4 times a day and it really pisses me off when it costs me big money. Maybe it is the hot weather.
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The rest of the day was boring.
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The numbers:
Stocks: gross +139 net +122 shares 3000
Stock Futures: none
Forex: none

Tuesday Big Mouth Stock 6/17/2008

If you had the guts - you could make the Coin.

Monday, June 16, 2008

Monday Trade Review 6/16/2008

This market day was so boring I could not believe it. I thought I had made about 7 trades but after looking at IB - I made only 4. From the way the market when this afternoon, I think everyone was watching the US Open golf playoff. Enough said.
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The numbers:
Stocks: gross +16 net -1 shares 3400
Stock Futures: none
Forex: none

Monday Big Mouth Stocks 6/16/2008


Pure crap today.

Friday, June 13, 2008

Friday Trade Review 6/13/2008

I had a bad day and I am pissed about it. All this week I have closed out so many trades with small gains or losses only to see them go 100, 200, 600 or more in my favor. I can not keep doing this.
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To add insult to injury today, IB did something weird today were I was down about 100 on a trade. The trade came back and I was plus by a few. It started dropping again so I hit an order to sell that was a buy limit way below market. It did not fill so I tried to cancel it but it froze. The bottom line of the story is I should have been able to get out near even but I took a $125 loss instead.
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I may post charts later. I need to go look at furniture with the wife.
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The numbers:
Stocks: gross -188 net -234 shares 8200
Stock futures: none
Forex: none

Thursday, June 12, 2008

Thursday Trade Review 6/12/2008

The chart above sums up my day. I had no guts to play NUE when it finally did fall apart after two failed attempts. I then went back to my favorite RIO and it hardly moved while all the other steels were falling. I finally got a short trade off there on a setup and it went no where so I got rid of the position after 15 minutes and then it fall. I should have just sold all the steel short with 100 to 200 shares each. Bottom line is - a bunch of trades and net +$4.
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Numbers:
Stocks: gross +36 net +4 shares 6400
Stock Futures: none
Forex: none

Thursday Big Mouth Stocks 6/12/2008

I made enough money to buy a beer from this trade. I need to be more aggressive on these trade to at least start a position even if I get my head handed to me once in a while.

Wednesday, June 11, 2008

Wednesday Trade Review 06/11/2008

I have lots to do so my thoughts are mixed. I started shorting REXX in premarket and added once the stock opened. Quickly I found my self under by over 200 bucks on only 200 shares. Once the stock start to stabilize, I should have shorted more. In the past, I would have. The Big mouth post has the chart.
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My first trade once the market started falling was RIO. It was perfect. I wish my brain could handle a bunch of positions at once but everytime I do, I get screwed. The RIO trade was big enough to get me back into the black. Then the market just kind of stalled where the stocks I was watching, did nothing.
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I made a couple of more trades in RIO and one of MER but that netted me nothing.
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Time to work on the Honey dew list.
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A friend of mine toward me he likes my blog but I am always whining. I told him I will stop whining when I produce a plus 2500 day and I start having plus 1000 oin a regular basis. Until then I will whine.
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Trading is hard. I found a way to make it harder - run into a wall while playing racket ball. The right side of my body hurts like hell and I am thankful I did not break anything. Somehow I also got a small piece of wood or plastic stuck in my left ring finger so typing is a trip.
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The numbers:
Stocks: gross +98 net +71 shares 5000
Stock futures: none
Forex: none

Wednesday Big mouth Stocks 6/11/2008


REXX was hard to play and I missed played it but surprisingly DCI turned out to be a good one and I did not play it.

Tuesday, June 10, 2008

Tuesday Trade Review 6/10/2008


Not a good day with two bad trades and then chickening out of 4 trades that could have been good. The two bad trades are above. I am really surprised when JRCC jumped down 33 cents in a second and did not recover. I later looked at the time stamps and found it was on 100 shares - amazing.
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The RIO trade hurt. I shorted it and had a 10 cent gain so I set the stop at 35.09. Then I decided to just try to get out at break even but only filled 100 out of 500 shares. I should have just made it a market order to get out but no. I then canceled the stop order instead of modifying the order size. RIO started running and I finally got out. It I had done the right thing first, the lost would be $15 or $20. I turned it into a $125 loss.
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The numbers:
Stocks: gross -125 net -151 shares 7000
Stocks Futures: none
Forex: none

Tuesday Big Mouth Stocks 6/10/2008




Both worked out good and I screwed both up.

Monday, June 9, 2008

Monday Trade Review 6/9/2008



Sorry for the late posting but everybody under the sun wants to talk to me.
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This was my best day yet trading using the method I have been working on for over 6 months. I can only hope it is a sign of things to come.
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I post a few charts but I am asked about my trades so here goes.
1) sold short 200 of XIDE premarket - perfect in perfect out - chart in the Big Mouth Post.
2) sold short 200 of XIDE - good in and I left some on the table. XIDE gave another entry a little later.
3) long 100 of OXY - got bored and sold - the stock soon after runs over a point - crap.
4) short 300 of IR - got bored and sold - really stupid - the stock spends most of the day falling.
5) long 200 of AKS - quick in and out - nice small profit - chart above.
6) short 500 of RIO - f-ed up order - got out with small profit - chart above.
7) short 800 of RIO - very good trade - chart above.
8) short 200 of NUE - quick in and out - nice small profit - chart above.
9) short 500 of RIO - had a profit but did not move stop down while watching NUE - chart above.
10)short 500 of RIO - looking for late day break down but it does not come.
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I had 3 trades where I could have made so much more ($800) but I made money on 9 of 10 trades. This is how I want to trade. Make 10 trades a day where 4 are small winners, 4 are small losers and two are nice gains and average $500 a day.
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I would be in heaven.
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The numbers:
Stocks: gross +508 net+472 shares traded 7000
Stock Futures: none
Forex: none



Mondays Big Mouth Stocks 6/9/2008


Today was a great day for the Big Mouth Stocks. HEV was too thin to play but the other two gave you great opportunities to make money. ON XIDE, I made an okay amount but left a lot on the table.

Friday, June 6, 2008

Friday Trade Review 6/6/2008

Made some money - lost some money - made some money - lost some money. That sums it up.
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The numbers:
Stocks: Gross -20 Net -40 shares 3800
Stock Futures: none
Forex: none

Friday Big Mouth Stocks 6/6/2008


A split here. I took BUCY and got hurt but if I took both, I would have made a small amount of money.

Thursday, June 5, 2008

May Monthly Numbers

My May monthly numbers:
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Wins: 75 Losses: 40
Avg Win: 30.03 Avg Loss: -40.13
Gross Trading: 647.00
Commissions: -571.56
Net Trading: 75.44
Biggest Win: 135.00 Biggest Loss: -120.00
Data Fees: -187.00
Interest: 134.90
Account Net: 22.44

Thursday Trade Review 6/5/2008

I am still in my trading funk. When I make trades most of the time they start not flat for a while or go my way shortly after. I would say about 2/3s of the time. Today I only made 5 trades and 4 of them started going against me quickly by the time I knew I was filled. This was really weird and did not better my sucky mood. My reaction is to take the loss nearly my stop loss or cash out if it gets near break even. This proved to be a very stupid idea on 2 out of 4 trades so if I just let things happen - get stopped or let it run - it would have been an okay trading day.
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I guess the most painful item of the day is I trade the steels a lot and it was a great day for the steels - that sucked.
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I do not know why my brain is not happy or in a trading mood. From about April 14th to May 19th I began to think I knew what I was doing. I bunch of problems with my parents hit on May 20th and I have been working them ever since. I have dealt with problems with them before so I am very puzzled if they are the cause. I went on vacation the Memorial Day weekend and had a great time but that did not help. Doctors changed my drug levels again Very late April and it should take a couple of weeks for the full effects but that does not seem to be much of a problem. The main problem that does show up is my blood pressure goes nuts or I can't sleep or I am too cold or hot. There are some minor issues there but no big deal.
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I have no idea what is wrong in my head. I do think I need more sleep.
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The numbers:
Stocks: gross -52 net -69 shares 2800
Stock Futures: none
Forex: none

Thursday Big Month Stocks 6/5/2008



The Big Mouth is back from a mini vacation. These stocks sucked for shorting.

Wednesday, June 4, 2008

Wednesday Trade Review 6/4/2008

Another stupid day.
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The numbers:
Stocks: gross -29 nets -59 shares 5800
Stock futures: none
Forex: none

Tuesday, June 3, 2008

Tuesday Idiot Trade Review 6/3/2008




I put the charts of 5 of my trades above. By just sitting on my hands for a while, I could of had a banner day. You can read the details.
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The numbers:
Stocks: gross +74 net +36 shares 7400
Stock Futures: none
Forex: none

Monday, June 2, 2008

Monday Trade Review 6/2/2008

My level of frustration of my lack of performance and the mistakes I do is be coming unbearable.
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I dug a good hole first thing in the morning and spend the rest of the day trying to fill it in. Three times today I had orders setup for 3 stocks and did not enter them or pulled them. All 3 cases would have made good money. I do not understand why my brain works the way it works.
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The numbers:
Stocks: gross -10 net -32 shares 6400
Stock Futures: none
Forex: none