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Busy day with lots of action. Maybe a little more than I cared for at times as I once again went through a trading halt. The biggest trade of the day was with MBI. I went pretty big with this small sized stock as it went past the signal price and was well above the overbought for the 10M...

Not a busy day but interesting. For profit eduction was hit hard over the head with the start of earnings season. APOL DV and COCO started out the day down pretty hard. Many came back and APOL reported after the bell and was able to push itself into the green along with pushing COCO even...

I could have closed up shop at noon but I don’t find out until after the close. I closed out the NWPX trade short that didn’t work out a couple of days ago. Not many shares and an odd lot so I just put a bid in and let it sit. With the fall it took the other day I often see a pattern of...

Thanks Viper!! I want to be banging out some serious numbers the second half of this year. I will build up to it and keep the leverage down. I don't want a 3 sigma to take me out. Still working on my software/setup and still working on my trading (that never ends thankfully) but its...

Hi JScott, Happy New Year to you and thanks for taking the time and the effort to say so. Jumping jacks....yeah there are a lot of them done in my house. Its standard punishment for my boys and I am willing to bet my 8 year old can do 1000 faster than anyone else the same age in my...

If you doubt you can do something or if you believe you can do something either way you will be right. Actually, I just wanted to wish you the very best of luck with your journal. FWIW, I find the more information I put in and the more honest I am the more I get out of it LATER. That is...

Busy day today. I unwound my MCP short and that worked out very well. I closed out to early as MCP moved down further and closed near the lows of the day. Based on volume I would guess there are many MCP stockholders that are wondering what just happened to them. With MCP down about 13% and...

MCP gapped higher today and the only good thing about it is it opened at the high and was unable to trade above it. I traded MCP for much of the day and I ended the day with a small gain in the stock and a small loss in the options. I remain short MCP calls and long only 100 shares which I...

MCP dominated my trading today. I was not able to get shares to short with IB so I shorted call options instead. I closed out a fair gain and tried to fade it further when it moved higher. Ended up taking some stoplosses and also started trading the stock side by side due to liquidity/spread...

I don't actually recall the trade very well (still getting over the flu) but I pulled up the chart and it appears I would have shorted just after 1:30 est

Hey puddles, Best of luck with your journal and your trading in 2011 !! I am sure this journal will be a good one. RW

Good work neke and happy new year Best of luck to you next year and I look forward to reading your journal. Thanks for sharing RW

Pretty slow day with the first and only signal coming in the afternoon with SCOK IB didn’t have shares to short (technically they had 100….wuppie!!) and once again I had to look at options to get the job done. I was able to sell some calls at the 12.50 and 15 stike prices and even with...

COCO Just the facts ma'am I actually started writing about COCO (5.18 ↑9.28%) over a month ago and planed on finishing my work with COCO within a few days. Days turned into weeks and here I am today watching COCO move up about 10% without my write up about the company completed. So...

Thanks one2!! I hope you have a great new years RW

Thanks Nodoji, I have yet to trade my first penny stock (after more than 25 years of trading) but I don't think I will be able to say the same by this time next year. I don't think I will be going long without really believing in the company. I have spent and am spending a lot of time...

I wanted to short MCP and REE but once again IB didn’t have shares. I was able to short via shorting call options which was not ideal but worked out well. REE was a Brenton gap up and I traded it back and forth a bit before finally closing it out. I didn’t get full target but the target...

Monday after Christmas and it was pretty slow. I did manage to get two trades off and so it was worth a few hours time. AIG (59.71 ↑9.90%) had a Laurel signal and IB could not decide if it had any shares or not so I needed to go to the options market(hate that) and short calls as a...

Hi JScott, Very good point. While I meant the amount of trading I did I guess the results are the most important thing. Happy holidays to you and yours !! RW

If someone wanted to trade news which if any would you say offers the news first and / or more complete? My understand is that Thomson Reuters is a lot lower price?? Thanks robert ps i hope you and yours had a very merry christmas