Saturday, October 30, 2010

Friday Big Mouth Stock 10/29/2010

One of those pain in the ass but money maker type of trade that takes balls to pull off correctly.

Thursday Big Mouth Stocks 10/28/2010




AEM will stick in my gut for a long time. My normal trading plan is to add to the run but I did not. I have been hearing too much about not adding to losers. I got out with a small loss but then I allowed that to prevent me from doing the next trade which was a big winner - Ouch.

Wednesday Big Mouth Stocks 10/27/2010




Two out of Three were pretty good today.

Tuesday Big Mouth Stocks 10/26/2010


As my mother would say - stay away from Candies - they rot your teeth.

Monday Big Mouth Stock 10/25/2010

An insane move but if you hit it near the open - you could have made 3-6% on the downside.

Sunday, October 24, 2010

This Weeks Results 10/24/2010

Thursday: And they sucked. Monday I was too pumped up on the open and made a trade I normally never made. The funny thing is if I did not move my stop so close - it would have worked. I got stopped and was pissed and then in seconds made a mindless trade chasing crude short - second big mistake. By the time , i took a real trade - my head was so screwed up - I chickened out soon after getting in and that one would have worked. So if I would have allowed 1 and 3 to work and not taken 2 because I was pissed at 1. It would have been a great day.
-
This stupid mind set stayed with me on Tuesday when again I got out of a trade for no reason only to see it move $2000 with out me.
-
It could have been a great week but it really sucked because I am trading like a little child now.
-
The numbers:

----------------
Monday:
Stock Futures: gross -150 -160 contracts 4
Crude Futures: gross -520 -540 contracts 8
----------------
Tuesday:
Stocks: gross +12 net +6 shares 1200
---------------
Wednesday:
Stocks: -30 net -42 shares 2400
--------------
Thursday:
Stocks: -166 -178 shares 2400

Friday, October 22, 2010

Friday Big Mouth Stocks 10/22/2010


I hate CY as a big mouth Stock but ETN worked and worked well.

Thursday, October 21, 2010

Wednesday, October 20, 2010

Tuesday, October 19, 2010

Tuesday Big Mouth Stock 10/19/2010

A thing of beauty if you could get in.

Monday, October 18, 2010

Saturday, October 16, 2010

The stupid trade of the week - watching the wrong picture - 10/16/2010


Lots of notes on the charts - hope it makes sense. It is like a knife in my gut looking at these charts. It is bad enough that I spend too many time looking at 1 minute charts. Some of my chat friends scream at me to look at 5 minute charts or use 5 minute charts as a stop but above my eyes got glued on to a 89 tick chart. Sometimes they are good for setting stops and hitting targets.
-
This above is my problem. My brain is wired that it is success or failure in under 5 minutes on a trade and I prove over and over if I give a trade 10 minutes or more - my successes will pay for my failures a couple of times over.
-
If I do not solve this - I will never make good money out of trading. It has become that simple.
-
I need to place a trade and as soon as iti s filled - double check my stop and good make a cup of coffee and take a piss. That should kill just enough time to let the trade work if it is going too.

This Weeks Results

I wimped out of too many trades this week. Just hitting on one would have made me happy. Lunch money for the week - net +86. I am doing a weekly summary instead posting each day. I want to train myself to focus on trading not the dollars and cents.
-
The numbers:
---------
Monday:
Stocks: gross +55 net +43 shares 2400
--------
Tuesday:
Stocks: gross +90 net +84 shares 1200
--------
Wednesday:
Stocks: gross +65 net +55 shares 2000
--------
Thursday:
Stocks: gross -66 net -78 shares 2400
Crude: gross -40 net -49 contracts 4
--------
Friday:
Stocks: gross +8 net +6 shares 400
Stock Futures: gross + 30 net +25 contracts 4

Friday, October 15, 2010

Friday Big Mouth Stocks 10/15/2010


Two good ones with a flaky market on Friday.

Thursday, October 14, 2010

Wednesday, October 13, 2010

Tuesday, October 12, 2010

Tuesday Big Mouth Stock 10/12/2010


Both were pretty good and easy plays.

Monday, October 11, 2010

Monday Big Mouth Stocks 10/11/2010


WAG has okay and NTGR suched. NTGR even failed as a reverse play.

Saturday, October 9, 2010

This Weeks Results 10/09/2010

The numbers:
-
Monday:
Stock Futures: gross +200 net +190 contracts 4
-
Tuesday:
Stocks: gross +6 net 0 shares 1200
Crude Futures: gross 0 net -10 contracts 4
-
Wednesday:
Stock: gross +66 net +54 shares 2400
-
Thursday:
none
-
Friday:
Stocks: gross +113 net +107 shares 1200
Crude: gross +400 net +390 contracts 4
-
All in all a good week. First one I have had in months. For the last ten days, I have been averaging over $100 in profit a day. I have not done that in a long time.

Monday, October 4, 2010

Friday - 10/01/2010


The Big Mouth Stocks were nothing on Friday. My trading was nothing on Friday.
-
The Numbers:
Stocks: gross -27 net -39 shares 2400
Stock Futures: none
Forex: none
Crude: none

Friday, October 1, 2010

Thursday 9/30/2010


LLNW has a great low price Big Mouth Stock with great volume. I am sorry my head has not on straight to play it.
-
The numbers:
Stocks: gross +13 net +6 shares 1200
Stock Futures: none
Forex: none
Crude: none

Wednesday 9/29/2010

Above is the type of stock you do not want to trade as a Big Mouth Stock. I treated it with kid gloves and did not get filled and did not trade it.
-
The numbers:
Stocks: gross +17 net +11 shares 1200
Stock Futures: none
Forex: none
Crude: none