This Week In Nov Beans

How I looked at the Beans this week. My trades are also the charts with my missed trades I saw as the action happened. Bottom line is this should have been a good week for me based on how I look at charts.

Chart Porn 4/30/2012

Hard day to trade much of everything today unless you were in one of the news stocks.

Chart Porn 4/25/2012

Screwed myself again but not out of much.  Again I gave into the bad habit of getting chicken too fast.  If you look at the chart porn over the past few days, I could have done well with the correct stops.

Crap again!!!!!!!!!!!!!!!!!!!

Vikings Lose in OT

Another one got away 1/15/2010

Another one got away - I just was not aggressive enough to get on this one. Nat Gas stocks now have me nervous. I hate when I miss an entry by a cent or two then can't react fast enough to get in.
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This was the only Big Mouth Stock on Friday. The Big Mouth Stocks are on fire right now and I should be making a killing. Unlike December were the Big Mouths had their worst month I believe since I started tracking them and guess what? December was my worse month in years.
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No Trades for me on Friday.

Tired and cranky 12/21/2009

I made 4 trades today. Three of them I honored my stops. All three of those got stopped out. My trade forth trade was going short Feb Gold around 1115. It stayed there for too long going no where so I got out (5 minutes or so). Twenty minutes later Gold was 10 dollars lower and over the course of another 2 hours - fell $10 more. So I lost $250 on 3 trades. Made $50 on one trade and left $2000 on the table. My stupidity continues.
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I may start using very strong Eggnog on my morning cereal.
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I am too tired and cranky to post charts. The big mouth stocks were PCS (you could have made a little) and ONNN (flat).
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The numbers:
Stocks: gross -226 net -243 shares 3400
Stock Futures: none
Forex: none
Gold Futures: gross +50 net +45 contracts 2

End of the Week Review 12/04/2009

I did not trade on Thursday or Friday. Had little to no time to look at the markets except during the jobs report on Friday Morning. I was really pissed at myself that I could not type fast enough to get orders in. I wanted to short Feb Gold above 1205 and the EURO above 1.5030. Big F-ing Pisser because it could have made my month or year if I increased my size. Too many times when things get crazy - I still try to use some limits to prevent from getting hurt too badly. Instead my brain should go into another mode of just do it, hit things with market orders and worry about that other crap later.
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Bonus comment - the big mouth stocks on Monday are PCL and GSM - be careful with GSM because of the lack of volume.

I hate this. 2/9/2009

This is a 10 tick chart of MET meaning each bar is 10 changes in price.
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I really feel snake bitten. The morning high was 31.95 and I wanted to buy a break of 32. I got filled. My initial idea of a stop was 31.50 but after MET moved to over 32.20, I move the stop to 31.81. The stock came down perfectly and took my stop out before going about 60 cents higher.
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This is the 4th or 5th time in one week a stop has been taken out by a tick or two. Please no one give me the crap about this being part of the game and that other shit. It has been a longtime since I have had so many of these happen in such a short period of time and it is pissing me off. Anyway this is my blog and I will whine if I want to. PPPPPPPHHHHHHH.

I need to Whine 2/21/2008

Above are the charts of a trade I tried doing. I had a sell stop of AKS at 49.29. The stock was just about to break 49.30 when I placed the order in. There was a big buyer at 49.31. I assumed another would show at 49.30 so to short under 49.30. At the same time I placed the order, the stock broke 49.30 and I thought I should be filled right away. No I was not. Then the stock popped up to 49.34 and dropped back down and then I thought I should be filled. No I was not. I canceled figuring something was wrong in the order or my platform or what ever. Then the stock fell hard.

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I called my broker to find out why no fill. They basically said I was seeing things and my order was only in for 15 seconds. I really felt my order was in for at least a minutes and could have been easily filled. The broker did not move at all and said it must have been a problem with my computer. Fun.

Wednesday Trade Review 12/26/2007

Another day - more frustration. I bought CSUN looking for a poke above 12 and it did and then came back quickly. After seeing on the daily chart, it had problems twice before with 12. I sold the position. You can see what CSUN did the rest of the day. Idiot.
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The numbers:
Stocks: gross -28 net -32 shares 800
Stock Futures: gross -5 net -10 contracts 2
Other Futures: none
Forex: none

Monday Trade Review 12/24/2007

How can someone be long a mojo stock on the day before Xmas and loss money. I figured out a way. Wife is still very sick and I am taking her to the doctors again.
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The numbers:
Stocks: gross -63 net -67 shares 500
Stock Futures: none
Other Futures: none
Forex: none

Wednesday Trade Review 12/19/2007

I lost my cool with the market today and started really placing random orders. I am just so frustrated with myself not being able to attack the market with the knowledge that is stuck in my head. I only did one system trade and I lost 15 ticks. No big deal but placed four other YM trades just buying a new high for the move or low. The trades were +1, -10, -10, -15, -7. The total is no big deal but boy is the head spinning.
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The numbers:
Stocks: gross -12 net -14 shares 200
Stock Futures: gross -200 net -270 contracts 14
Other Futures: none
Forex: none

Thursday Morning Thoughts 12/13/2007

I totally f-ed up this morning. I placed an order in premarket that screwed up the price. The IB warning did not work and I am already $500 in the hole. I wanted to place an order to short MRX at 26.85 - instead I placed it at 23.85 and a course someone took the gift. What a way to start the morning.

Should I really be doing this???

Today I felt like the market was handing me fistfuls of money and I kept saying no thanks. I have so many great setups and a lot of them would work out just fine. I place orders and then pull them. I place orders, get filled, then take a two second profit. I place orders, get filled, place stop, feel a baby amount of heat, and get out. And a lot of question of what I saw.
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I have a couple of setups. See the setup and not place the order. Then I would rush to place a non-system order and screw it up.
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I have a couple of very successful traders from time to time giving me great ideas. It seems like 80-90 percent of them work. Do I take any of them, seldom and the ones I take I seem to mess up out of fear or greed.
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Why am I so afraid of losing?? I know if I got a couple of good days under my belt - I think I would loosen up. This is a dream of a lifetime for me and I can't get myself to take a decent swing at it.
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I should be making good money but I lack confidence. One trader said once I got that confidence, I will trade like a rabid dog.
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Today, I missed the Big Mouth stocks. MT gave me a great trade to short FSLR. I took it and screwed it up with a trailing stop too clse. I felt like the market was going to fail and was looking to short any rallies. I thought I had a great trade in APD only to find I did not push the entry bottom after my bathroom stop (see charts below). I called a couple of tops to other traders without taking them myself.
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Today I feel with out too much effort, the way I looked at things, I should have made $3000 to $5000 today. I banner day. Instead, I have my head up my ass and lost $110.
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I you live somewhere in Central New Jersey, and you want to yell at me during the market day, please come by. I need someone I think to be next to me. I would state my case for a trade including the stop loss and profit target and reasons for moving the stop or getting out of the trade. You would say place the trade including the stop. And then if I come near touching the key for any reason other than the ones I spoke of - you break my fingers with a hammer. This is the only way it seems I would be successful.
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This is bad really bad. When the bell rang at the end of today - I just broke down and cried. The only saving grace I take out of this - with all my mistakes today - I only lost $110. This gives me the means to totally frustrate myself again tomorrow.

Tuesday Trade Review 11/13/2007

I have so much to learn - period. I can't type orders today. I sent buys when I wanted sells. I sent sells when I wanted buys. My shares levels I screwed up too. I have Internet problems for 2 hours. I lost my cool and I tried revenge trading. I had people make fun of my dumbness and I just totally went mental. I just thank god I did not loss a ton of money today. I was on the edge of trashing my office. That is no way to trade.
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The numbers:
Stocks: gross -46 net -62 shares 3000
Stock Futures: none
Other Futures: none
Forex: none

I do not know what to do 11/02/2007

Above are 4 trades, I should have made today. All four are big winners. My net for the day so far is $95. The trades in the EURO - I should be up $500. The trade in BRCD should have net me about $1000. The Trade is the APA should have net me about $1000. And last the trade in the YM should have net me at least $800 and if I would have held threw the first bounce, it would have net me $1400. So let's be conservative and $2500 base on the size I would normally trade which is a lot less than I could.

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Instead - I made a little fucking $95. How stupid can I keep? How much of a big ass chicken am I? This is so frustrating to the point it brings tears to me eyes.

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And yesterday, the trades there should have net me about $8,000. If I went crazy, I could have made 3 times that amount easily.

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What is my problem? I pick out to follow very good trades but seldom can I act. I would feel a lot better if I was picking out really stupid trades, and then I could say I am a complete loser. If I made the trades, I picked out and sat on my hands until the market told me to get out, I would have made enough money this week to stop trading for 4 months.

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Maybe I just should fucking give up on this dream. And if one more person tells me maybe you should reduce your size, I have. Last year I many times traded 500 to 2000 positions. Now I trade 50 to 500 shares.

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I just wish I could get myself so pissed off, I would just make the trades.

Frustrating Morning so far 10/29/2007

Missed winning trades in VMW and LDK by seconds. Chased NLY and just could not get filled. Maybe there is a delay in my quotes today? And I was in a trade with MOS that if I gave it a little more room, it would have been a great trade.

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This market wants to go higher in a painful manner.

Thursday Trade Review

The details of the trades are on the charts. It was a pissy day for me. I felt like I lost a lot of money but only had 4 paper cuts. I missed the Big Mouth stocks - they did not pop at all on the open and only one about 10 minutes later.

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I am traveling tomorrow on family business and the next day I will trade will be Thursday. I do not think I will be posting until then. See you all when I get back.

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The numbers:

Stocks: gross -110 net -123 shares traded 2400

Stock Futures: none

Other Futures: none

Forex: none

Stupid Rookie Mistake 9/26/2007

If you look at the two charts above, one daily, one interday, you will see the general idea for the trade. I wanted to buy into support at 37.00 and again at 36.50 with a stop a little lower. When the stock was getting to 37, the bid ask was crazy. I setup my first order and forgot to adjust my buy to 37.01 as IB defaults the ask as the buy price. I hit enter and found I bought the stock a lot higher (25 cents) than I wanted too. I freaked and sold the position quickly not thinking about why or how I was doing things. Support 37 held nicely and it could have been a good trade. I should have taken one breath and bought a little more at 37 and leave the trade on. Stupid me.

Todays Frustration 9/24/2007

I keep missing the Big Mouth stocks by 10-25 cents. Today I missed ZINC by 1 penny and picked the top tick in LMC but did not get filled.

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Right stocks, right idea but no fills. I need to figure out how to get into these stocks with out getting hurt in a fast crazy market of Big Mouth stocks.

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So I assume that LMC would get to 13 and ZINC to 24-25. I am thinking I should then leg in LMC at 12.75 with 200, 12.85 with 400, 12.95 with 600, 13.05 with 800 and 13.15 with 1000 share orders. And do the same with ZINC.

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Frustrating game today.