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Here is the equity curve for last year up until today. I want to post it as a reminder to never violate my rules again. I will start a new curve on March 1 with a starting balance of 100K. For the % returns to have any meaning to me going forward, I won't make anymore additions or...

Hi Kohanz, and thanks again for your concern. You were the first to post in my first journal and I thought you would be the last. Because after I was down about 25K on my PANL trade, I thought I would hang up this journal. I held on after last year’s 4th quarter earnings miss and a few...

Relieved to come back from a NW of $99,400 just a few days ago. It could have turned out poorly had the market continued to decline given my 180% exposure level. Still holding PANL until earnings, but I don’t want to mention it too much given my market moving position, or get an SEC...

LOL. That PANL screenshot was at the high of the day. Hopefully 35 will become new support. I only think these round numbers have meaning because I can see reactions occurring around them sometimes. It is a self fulfilling prophesy when enough market participants look at these areas so they...

I know the PANL trade is risky and these kinds of trades could lead to instant drawdowns, but in my mind, it is less risky here after the sell off than before at 44. I could likely still hit 30% returns, even without these risky trades, though. I am returning to the ways of my youth somewhat...

PANL breaking out. Now 35 is support. Got to love mean reversion, or depending on when you get in, trendfollowing. Don't see much resistance until 37.39, 200 dma.

Closed QLD at the open for a $100 gain. I didn’t like the overall mood of the market. Still holding PANL, but may have to start selling shares if automation eats into BP. 34 is still acting like a magnet for now. Hopefully a new round of buyers will emerge (like me) and after the bulls who...

Symbol Open P/L Open P/L % Average Price Quantity Total Cost Description PANL ($7.24) -0.01% 34.31 2,413 $82,797 Univl Display QLD $62.21 0.11% 58.40 1,000 $58,398 ProShares Ultra QQQ Trust Real-time Account Net Worth $101,586.62 Real-time Realized P/L (Today) ($24.95) Real-time...

Total Net Profit (Since 7/1/12) $4,161.66 (Per Share) $0.10 Gross Profit $13,592.47 Gross Loss ($9,430.80) Profit Factor 1.44 Total Number of Trades 628 Percent Profitable 59.24% Winning Trades 372 Losing Trades 256 Avg. Trade Net Profit $6.63 Avg. Winning Trade $36.54 Avg...

I’ve gone full tilt on PANL. Today was the first up close in 14 days. I suspect pre-earnings price manipulation, so I am going to hold this one until earnings early November. Symbol Open P/L Open P/L % Average Price Quantity Total Cost Description PANL ($996.57) -1.20% 34.31 2,413...

Total Net Profit (Since 7/1/12) $3,618.47 (Per Share) $0.10 Gross Profit $12,204.29 Gross Loss ($8,585.83) Profit Factor 1.42 Total Number of Trades 585 Percent Profitable 58.12% Winning Trades 340 Losing Trades 245 Avg. Trade Net Profit $6.19 Avg. Winning Trade $35.89 Avg...

Hi Handle, that is some good stuff there. So essentially, when market is range bound, you countertrend trade, and when trending, you buy/ sell in the direction of the trend. And using a simple EMA to guide you keeps it simple. Stops could be placed fairly tight, because you would soon know if...

I closed my short premarket as overnight futures were showing strength reportedly from news of China government intervention of some sort. I prefer not to fight it when central banks and governments intervene. Had 37 positions going shortly after the open, but after the close it dropped to 19...

Total cost of long positions is $92,347 and my short position $23,940. So about 69% net long right now. Net worth is currently $99025, so about $1500 off of HWM. Opened a 500 share SH position yesterday when the market seemed to be rolling over in the afternoon, and I added 200 today when the...

Up .78%, $343 on IYT thanks to an up day in transports. This also includes some of my railroad stock holdings. I’m taking a hit though on some semis, including PANL. Exposure is about 94%, but half of that is from the IYT holding which the downside volatility has paused on, for now anyway...

Total Net Profit $3,912.14 (Per Share) $0.12 Gross Profit $10,345.65 Gross Loss ($6,433.51) Profit Factor 1.61 Total Number of Trades 522 Percent Profitable 59.00% Winning Trades 308 Losing Trades 214 Avg. Trade Net Profit $7.49 Avg. Winning Trade $33.59 Avg. Losing Trade...

Symbol Open P/L Open P/L % Average Price Quantity Total Cost Description THRX ($74.34) -5.01% 25.17 59 $1,485 Theravance Inc STX ($49.44) -3.33% 30.91 48 $1,484 Seagate Technology SRTY ($31.96) -0.13% 37.36 639 $23,873 ProShs UltraPro Sh Russell2000 DDD ($21.66) -1.44% 39.57 38 $1,504...

Total Net Profit $2,467.16 (Per Share) $0.09 Gross Profit $7,724.14 Gross Loss ($5,256.98) Profit Factor 1.47 Total Number of Trades 435 Percent Profitable 58.39% Winning Trades 254 Losing Trades 181 Avg. Trade Net Profit $5.67 Avg. Winning Trade $30.41 Avg. Losing Trade ($29.04)...

Price drivers sounds to me like a red light green light system, but based on fundamentals rather than looking at price “in the rear view mirror.”

Symbol Open P/L Open P/L % Average Price Quantity Total Cost Description VIXY ($196.25) -2.46% 21.70 367 $7,966 ProShares VIX Short-Term Fut THRX ($57.82) -3.89% 25.17 59 $1,485 Theravance Inc TWM ($13.70) -0.33% 27.19 155 $4,214 ProShares Ultra Short Russel2k SRTY $55.86 0.34% 37.56...