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  1. P

    Investing $15K to earn 3% per week

    Very nice trade to cap off the week and begin my vacation. Setup: Market opened with what I perceive a professional gap down below the previous days low, the Daily Pivot, and even S1. The key today will be to exercise patience and NOT chase the initial retracement. The market...
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    Investing $15K to earn 3% per week

    Not many opportunities to trade this week. That's ok because I don't plan on trading that much during options expiration week. Especially Thur and Fri. I'll sometimes take Monday off too. So, we have a few weeks of beating expectations and a few missing. I believe overall I'm about a...
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    Investing $15K to earn 3% per week

    Pretty narrow range today with lots of sideways action. I wasn't expecting much thus I was happy to grab 10pts. Although there were two nice trendline breaks in the pm--one around 1:30pm and 3:30pm. Todays Point total: +10 (2)
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    Investing $15K to earn 3% per week

    Trading started above the pivot with some momentum. I decided to go with the flow with the Dual MACD crossover and blue Heikin Ashi bar with R1 as the initial target. +10 (1) +35 (1)
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    Investing $15K to earn 3% per week

    Tx Ian! I appreciate the comment!
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    Investing $15K to earn 3% per week

    Week 4 results are posted. It was a light trading week as I had other commitments to attend to. It was tough missing "the perfect trading day" on thursday! Especially given it occured during the "summer doldrums". I was flat in all accounts--position, swing, and intraday on thursday so I...
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    Investing $15K to earn 3% per week

    A yawner today. Didn't make any trades which I consider a win in and of itself. +0 +0
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    Investing $15K to earn 3% per week

    I had all but given up, but, a nice trading setup appeared in the afternoon. +10 +46
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    Investing $15K to earn 3% per week

    Shorted when price stalled around the R1 pivot this am. +10 on first contract +21 on second contract (some slippage occured)
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    Investing $15K to earn 3% per week

    Did not trade on friday. Something came up. attached are results for week 3.
  11. P

    Investing $15K to earn 3% per week

    Holiday week and choppy action so I used an 89 tick chart and trend lines to try and scalp a few trades. Probably more of the same tomorrow.
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    Investing $15K to earn 3% per week

    Tx show! Yeah, some people get positive reinforcement by making other people look bad. Your right, it's a small stakes game at the moment. With that said, the role of my intraday trading account is not to make the cover of a trading magazine or even make a living off of it. The purpose...
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    Investing $15K to earn 3% per week

    Week two results are now in the books.
  14. P

    Investing $15K to earn 3% per week

    Good bounce back.
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    Investing $15K to earn 3% per week

    Another bungler trading day. I was under some stress due to non-trading related events and just couldn't concentrate. Lesson learned: Don't try and be a hero; TAke the day off and live to trade another day. I'll take FOMC day off and regroup so I can bounce back on friday. Good luck...
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    Investing $15K to earn 3% per week

    Choppy and dangerous conditions today.
  17. P

    Investing $15K to earn 3% per week

    Opened below the Daily Pivot and price nose-dived from there. Price didn't reach S1 before rallying above pivot. Grabbed +10 and +20 of the bounce during the dead zone.
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    Building New computer Assistance.

    I'd recommend multiple disk drives if you can afford it. I have my OS on the fastest drive at the time and my data stored on a RAID 1 disk array--again using the fastest disk drives with the longest warranties at the time. As far as Vista goes, I'd recommend setting up your machine so you...
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    What do you expect at the next Fed meeting June 28th/29th? RATE HIKE?

    They should bump rates up at least 1/4 pt if inflation is indeed their main concern. It would hurt the economy in the short-term, but, would be good fiscal policy for the long-term. With that said, there is an election year comming up so I don't expect the Fed to do anything earth...
  20. P

    Investing $15K to earn 3% per week

    Great video Dave B!
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