Stupid trades? 6/7/2010

Tell me if these were stupid trades today?
-
No Big Mouth Stocks today.
-
The numbers:
Stocks: gross -330 net -350 shares 4000
Stock Futures: none
Forex: none

Sucky Trade of the day 5/18/2010

I hate this. I really hate this where the trade takes too long to work. I got in at an okay place. Maybe I should have shorted from 51.10 instead. I held for a while and got out. Could have been one hell of a trade if I followed it.
-
Now today - I got nailed for 160 in the EURO so I am a little pissed. I thought I wait until it was through a big 1/2 number to get short - 121.50 and I did and I lost.
-
The numbers:
Stocks: gross +10 net 0 shares 2000
Stock Futures: none
Forex: gross -153 net -163 contract 1

Monday Big Mouth and some trade stuff 05/03/2010

Above are the Big Mouth stocks for Monday. JAH was big money. AGN - you could have made money if you held through the opening mess. NFG really did not work and it had little volume.

-

I did not trade well. At point point I was short X and making 25 cents then it turned and ran me back to even before crashing. I got out near even. First day back and I was not function well.

-

When I get a chance I will post the Big Mouth Stocks from when I was gone if any one cares except me.

-

The numbers:

Stocks: gross +24 net +19 share 3400

Stock Futures: none

Forex: none

Trading for the rest of the week 4/17/2010

Wednesday trades:
-
Stocks: gross -162 net -180 shares 3600
Stock Futures: none
Forex: none
-
This is all I did. The trades were on the Big Mouth Stocks on Wednesday. This week has been crazy for me.

The stars aligned but I dropped the ball sort of..... 4/13/2010

This was my best trade in a while and my biggest mistake. The Big Mouth said to buy SUN - an energy play. The stars aligned so beautifully. This and HK were about the only energy stocks up big. Crude was down and the market looked to open down.
-
SUN popped up strong, hung there and dropped. I had a list of energy stocks opened and they were falling fast. Instead of selling the living crap out of SUN - I has pussy footing around SUN was bouncing between 31.05 and 31.15. I had a sell at 31.20 and a sell stop at 30.99. I had already sold at 30.77 early in premarket. I should hit SUN with about 3 orders of sells while it hung there seeing the other oils falling apart. When SUN finally broke, I got slipped 7 cents on the fill - stupid.
-
This was the classic would of, should, could of trade that I messed up. Thankfully I did not chicken out and I made some coin but this should have been a 4 figure trade not the $186 I made.
-
Sometimes a gain can be a bigger mistake than a loss.
-
The numbers:
Stocks: gross +198 net +189 shares 1800 (should been 6000 shares)
Stock Futures: none
Forex: none

Monday trade 4/12/2010

The first chart is the big mouth stock of the day. I chased it in premarket but could not get filled even with being the low ASK a couple of times. The second chart was my only trade of the day and it worked out nice. I bought - put in a stop and got myself some coffee. Came back and saw it having problems with 66.50 and sold half. Moved my stop up and set my timer to 10 minutes. Timers rang and before I could sell the stock hit my stop. Such an easy trade.

-

The numbers:

Stocks: gross +172 net +166 shares 1200

Stock Futures: none

Forex: none

Friday's Crap 4/9/2010

Both are big mouth stocks above. One worked as a buy reverse and the other had little volume or movement.

-

I need to place a stop and walk away. Again I had a great trade and bailed on it way too early.

-

I used the word crap in my title to see if I get more blog traffic. I can be a nerd with stats. During the last 10 days, I have had 16-18 readers except for one day. Also I have had 7 returning visitors 7 out of 10 days. I just wonder if the same handful of people are showing up each day to watch my insane drive to no where.

-

I hope you see a small change. I am trying to push myself to trade every single Big Mouth Stock I identify. I figure it is about time I completely eat my own cooking. So I first try to get a position on each of them. Then I will work on trading them better. One step at a time.

-

I also want to only buy or sell stock futures/forex on the buy and sell signals instead of waiting for break outs and break downs.

-

The numbers:

Stocks: gross +66 net +48 shares 3600

Stock Futures: none

Forex: none

Thursday 4/8/2010

The two charts above are Big Mouth Stocks - one good - one nothing. I looked at them and tried to play CYN for a few second. I notice the volume just was not there. I did not even look at TEVA because of the small pop. How stupid was that?

-

The numbers:

Stocks: gross -5 net -10 shares 1000

Stock Futures: none

Forex: none

Hump Day Trades and BMS 4/7/2010

The three above are the Big Mouth Stocks - BMS.

The last chart is my only other trade. I had problems with TS and IB again today but not bad enough to freak me out. I know of others who had problems too.

-

I played each of the Big Mouth Stocks today. On HAIN I got in good but not big enough. I hit the exit perfectly on it. I chicken out on TGI when I had the chance to go bigger. And SPF has very hard to make anything unless you hit big on the open tick. Then I gave most of my profits back on a trade BTU.

-

The numbers:

Stocks: gross +80 net +57 shares 4400

Stock Futures: none

Forex: none

Hump Day 3/31/2010

A couple of meaningless trades today. I had a bad stomach ache and just could not look at the market.
-
Life is really weird at times. I can't seem to trade myself out of a paper bag right now but unexpected $$ keeps falling out of the sky - I win an award at work, I will make between $700 and $750 in the NCAA pools - I just got a check from google for $102 - I have won between $20 and $100 the last five times I have gone to a casino. Weird - a course I would prefer making money in the markets.
-
The numbers:
Stocks: gross +11 net +6 shares 1000
Stock Futures: gross -10 net -15 contracts 4
Forex: none

Monday Monday 3/29/2010

This is a prime example of why I suck as a YM trader. Instead of selling the market when I got my signal, I waited until the market hit a new low of the day where I picked the low of the day to go short. Then I allowed my stopped to be hit instead of stopping and reversing on the next signal. If I followed the plan, the trade would have been successful but I didn't and I took a loss.

Above is not a Big Mouth Trade. I do make them. I bought HTHT on the idea it would break out of its one day IPO trade. I bought my first lot after it broke out of its first 15 minute range then again after it went above 14.50 - Fridays high. I let it ride for a good long time but knew I could not watch the market in the afternoon and I sold.

-

The Numbers:

Stocks: gros +5 net 0 shares 1000

Stock Futures: gross -200 net -205 contracts 4

Forex: none

Busy Week 3/28/2010

Friday Big Mouth Stock

Wednesday Big Mouth Stock

It has been a crazy week for me. My other half got home from visiting her mother Monday Night. I had lots of things to catch up with her about. Had a company function Thursday night and the NCAA basketball stuff.

-

Above are the Big Mouth Stocks. There was none on Thursday and there are none for Monday. I continue to trade like a wimp - something that has plague me all year long. There is something wrong with my brain and I can't seem to fix it. I went over about 200 Big Mouth Stock charts and re looked at my stats again and I should be making money if I traded them all. The sad thing is I don't. A week ago I got really aggressive with CTEL and had my head handed to me. There has only been really 4 (out of 68) of those BAD Big Mouth Stocks since the first of the year and I pick one of them to get crazy on. Great timing.

-

The Friday numbers:

Stocks: gross +12 net +9 shares 600

Stock Futures: none

Forex: none

-

No trades on Thursday.

-

The Wednesday numbers:

Stocks: gross -17 net -23 shares 1200

Stock Futures: gross -100 net -105 contracts 4

Forex: none

I got smoked 3/19/2010

It is interesting how life works at times and painfully. I really was pissed at my self where I did not take advantage of the Big Mouth Stocks while day after day they were great plays. On Friday, I had a chance to look at the market because of a freak schedule change. If the Big Mouth Stock showed any action, I was going not to be afraid. I was going to hit it and hit it hard. I did not know if was going to hit back.
-
I started my short soon after the market opened with a 1/3 size lot. Start feeling lots of pain. First peak was made, now thinking the turn was at hand, I added a second 1/3. I had a sell stop for a third 1/3 if the stock broke. I also decided I could not continue to hit it as it went higher so I placed a stop above the 5 minute high. Seconds later I was taken with a big loss. I played the stock like I should have been playing all these Big Mouth Stocks. If I was as aggressive with them as I was with this one, I would be a very happy man but still had taken a big loss on Friday.
-
I then added to this mess by allowing it to control the rest of my trades. If I was as agressive with them the rest of the morning, I would have been in the black. Damn this game is one big PITA.
-
The numbers:
Stocks: gross -811 net -829 shares 3600
Stock Futures: none
Forex: none
-
Trading the big mouth stocks I see them playing out this way. For every 20 big mouth stocks traded, I would expect 12 to be gains of around $500, 5 would be break even and 3 would produce loses of $1000 like the one today. So your win rate would be 4 times your loss rate but your average gain would be half of your average loss. In a given month, about 30 Big Mouth Stocks meet my trade plans. This should produce about a gain of $4500 a month. Sounds so simple.
-
I was on plan years ago but I never really got back to it totally. I have made a plan - I need to follow it- damn it.

I want to cry 3/18/2010

Another great Big Mouth Stock and again I could not be a part of it. The last 9 - read it 9 Big Mouth Stocks, you could have sold on the open tick and feel very little pain. This has been during a time that I have been so busy in my life, I feel like I have barely watched the market. I want to cry - no I want to scream.
-
Again I only made one trade and it really pissed me off. I was short X at 60.29 around 1:50 EST. I sat on my hands for a long time on this one thinking I had a good winner but at 2:30 EST it rallied 35 cents in 5 minutes and stopped me out just to collapse again.
-
The numbers:
Stocks: gross -55 net -60 shares 1000
Stock Futures: none
Forex: none

Wednesday - Boring 3/17/2010

No big mouth stocks today. Watched market in the morning - the market was boring and I could not be in the right place at the right time on the few things that move. When we had a break in the afternoon, I did not have time to watch.
-
The numbers:
Stocks: gross +6 net 0 shares 1200
Stock Futures: none
Forex:none

Damn - Great Big Mouth Stocks today 3/16/2010

The Big Mouth Stocks can't get any better than this. Too bad for me, I really could not watch the market until after the Fed. I had one garbage trade.

-

The numbers:

Stocks: gross +30 net +25 shares 1000

Stock Futures: none

Forex: none

Mondays stuff 3/15/2010

I briefly tried shorting the above Big Mouth Stock and failed to get fill. The bid ask collapsed minutes before the open and did not pop. I am really tired. Maybe because of Daylight savings or the rain/flooding here or just that I got home late on Saturday from having a nice dinner with my daughter. I barely traded today.
-
The numbers:
Stocks: gross +7 net -1 shares 1400
Stock Futures: gross +40 net +35 contracts 4
Forex: none

Friday stuff 3/12/2010

Busy Friday for me. Tried RFMD in the premarket but had no time to watch. Made a big $10.

-

The Big Mouth Stocks have been doing well recently.

-

The numbers:

Stocks: gross +20 net +10 shares 2000

Stock Futures: none

Forex: none

Wednesday 3/10/2010

Todays big mouth stock. I did very little trading.
-
The numbers:
Stocks: gross +12 net +6 shares 1200
Stock Futures: gross+40 net +30 contracts 4
Forex: none

Do you make noise if you scream and no one can hears you 3/8/2010

I hate this when it happens. I really hate this when it happens. I was debating with myself if I should use a $200 stop or a $300 stop or add to the position and use a $500 stop. The stock DWA did not have the volume I was expecting and last night was Oscar night so being short a movie stock was very stupid - right? I bailed just cents below the high only to watch stop and fall. I shorted again on a break of 42.70 and got slipped 5 cents. I bailed on the next bounce too for a small profit only to watch it melt for most of the rest of the day.

-

Both charts were big mouth stocks.

-

The numbers:

Stocks: gross -171 net -200 shares 5800

Stock Futures: none

Forex: none