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I closed my COST position midday and then began accumulating 500 shares IWM. Historically, I would have felt I missed out on the big move today and would just sit it out. After reading Reminiscents of a Stock Operator, I just followed the recent trend and jumped back in. The market seems able...

Initial Capital (10/1/2011) $71,377 Total Net Profit $5,142.96 (Per Share) $0.37 Gross Profit $7,732.71 Gross Loss ($2,589.75) Profit Factor 2.99 Total Number of Trades 120 Percent Profitable 68.33% Winning Trades 82 Losing Trades 38 Avg. Trade Net Profit $42.86 Avg. Winning...

I just sold my 900 IWM long position AH. Reason: Government to issue its monthly jobs report tomorrow. :(

I would have had a better day if I had just sat tight. I got stopped out of all positions as the market tested support at the open, at least for a decent gain. I believe I could not sit tight because my position size was too large, and recent equity swings were still fresh. Seeing buying...

Hey heech, I held to the close on most of my positions, but exited most at the close, rather than gambling on follow thru tomorrow. I think I took losses on most of them, but made $800 on AAPL by using day trading BP. I still hold 1600 shares IWM as my core holding, and am at 160% exposure...

Long 100 AAPL. Will be exiting at the close.

Thanks shortie! Your reminders, as well as benwm and others, to hedge my risk, are sinking in. Especially when the market is moving in a heard. I am actually pulling the trigger, which is new for me.

I pocketed 1.8K through shorting today, but have 10K in unrealized losses on my longs. We are at new lows for the year. I am at 200% exposure, so if markets keep heading lower, I will have to lighten up holdings. My IWM positions is down ($7,052.58) -6.77%. Average price is 65.08 on 1,600...

Here are 3rd quarter daily realized gains/losses. Other than the roughly 12 trading days straight sell off, performance was on par. I need to pay more attention to major news, like new hints of recession with the GDP decrease, and the U.S. debt rating downgrade, to which the markets reacted...

Overnight risk of a large gap down with continuation is the obvious drawback of my strategy. I probably should have left my short hedge on through the weekend, and not bought so much IWM at one time, but I have cast the die.

Initial Capital (1-1-2011) $47,853 Total Net Profit $9,853.63 (Per Share) $0.04 Gross Profit $81,477.75 Gross Loss ($71,624.12) Profit Factor 1.14 Total Number of Trades 1890 Percent Profitable 61.53% Winning Trades 1163 Losing Trades 725 Avg. Trade Net Profit $5.21 Avg. Winning...

Initial Capital (9/1/2011) $66,969 Total Net Profit $2,668.06 (Per Share) $0.11 Gross Profit $11,676.47 Gross Loss ($9,008.40) Profit Factor 1.3 Total Number of Trades 229 Percent Profitable 64.19% Winning Trades 147 Losing Trades 82 Avg. Trade Net Profit $11.65 Avg. Winning...

I took a deviation from my strategy with a core position of 1300 shares in IWM, Russell 2000 Index ETF. My average price is $65.83. I will avoid adding to it unless it hits $60, which would be the low going back to August 2010. I am holding small positions in EBAY, PCLN, and a few others...

Wow! Amazing what a change 2 days in the market can bring. NW went from an intraday low of 60K yesterday, to today’s close of 72K. I gave back about 1K from equity highs today as the markets gave back about half of their gains for the day. I spent most of the late morning lightening up on...

Hi doublet83, That is sort of how I felt. As long as my ongoing contributions aren’t going into a black hole, then when the massive corrections subside, I should be able to return to profitability. I know I should go easier on the 2X BP, but I am afraid when my system starts performing...

I took a fairly large equity swing today. Unrealized losses were over 10k early on and NW dipped below 60k. I recovered by the end of the day with an $800 profit. I am going back to a smaller position size, with more allowed positions, since I am not comfortable with the larger position size...

Initial Capital (9/1/2011) $66,969 Total Net Profit ($4,448.32) (Per Share) ($0.28) Gross Profit $5,404.14 Gross Loss ($9,852.47) Profit Factor 0.55 Total Number of Trades 132 Percent Profitable 62.88% Winning Trades 83 Losing Trades 49 Avg. Trade Net Profit ($33.70) Avg. Winning...

I am in better shape this time then back on August 8 when the S&P closed at 1119. Today it closed 10 points higher at 1129, after the >3% drop in the market along with yesterday’s beating. I took a drubbing in JVA, but managed to exit on a pop today to reduce losses. Current exposure is...

Here is an example where adding to a net profitable position did not work out. I added 200sh as support held and it began moving back higher. However, as the overall market began selling off in the afternoon, CDE followed suit. I think I need to place a hard stop that would guarantee a bigger...

I thought long ago after reading his past journals on his automation efforts and seemingly random results. I think his past success relied on using his gut feeling, and instinctive read on stocks. I believe automation, if he is still doing it, has caused him to lose focus…maybe trying too...