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I think for the most part your statements are correct and I would agree. I am also a gold bull as well. I would like to add that I sometimes will declare an opinion on a stock and I believe that when I do it adds value and gets people thinking in ways that they may not have before. I...

Hello Susannah, Good question and actually its easy. I sell calls on a stock when I think its over bought on a longer than one day basis. I am trying to get paid for the TIME as well as the movement in the price. Selling calls also allows me to profit even if the stock moves against me a...

currently I manually enter in the orders on each layer but its based on an Algro that I "should" follow closely if I want to get the same results as the backtesting. With that being said a lot of discrection does come into play based on how many trades I currently have at once and what my...

I knew today would be a crazy day with the market up yesterday and premarket up so strong. Right out of the gate today started at a very fast pace. As can be seen by my what appears to be a never ending list of stocks I was busy. While I didn’t know how many trades I would be in at a...

Great day almost from the start. Second best day of the year. So damm crazy though that I didn't have time to leave my trading desk Currently meeting my fleetwood Mac challenge so tomorrow will be interesting to see if I can maintain it. + 10,011

Geez, Great journal. I have enjoyed reading it and glad to see your making progress on your bet. If I may ask, how are you coming along with your 50% gain requirement? I also see that your entering trades based on four setups. Are you finding that the trades are to the point of being...

Hello Jeff, LOL yeah being up here in the artic tundra does have its moments and thanks for the kind words... My setups are purely mechanical and a black box could execute the trades. I do have an algro to decide for me when its time to start to enter in. Its also very mechanical in the...

Hi ebayuser, Thanks and I am glad you enjoy the journal as I enjoy making it. I do have stop orders but they are pretty wide (very wide by most peoples standards). Yes I was short CREE today. I scale into and out of almost all my trades. I am a big believer in scalling providing a lot...

I always wonder why people get satisfaction that others can be wrong? I disagreed with ( I have bought physical) but respected the post and author. The fact remains that the call was to short at 955 and looking at kitco as I write this I see spot gold is at 925 which by my math makes...

Today started out about as uneventful as they come. With the spoos down and half of Asia down I surely did not expect much of a day today. I did my standard scan of gapping up stocks and did find three that I was interested in. I ended up sca;;ing all three and was able to build some...

First 10 rows Fleetwood Mac $800 Jet to Vagas $1000 Venetian Hotel bill $600 Seeing perhaps one of the last shows by Fleetwood Mac.......Priceless

Thanks. LOL After just ending a month with less money then when I started its a bit of a mental exercise to break out the wallet for anything much less something that is totally discretionary and does not include my family.

first day of the month and I am off and running.... + 2622

Hello Fencerd4 and others looking at AZO After reading the tag line for this thread I thought I would take a look. As many know I make my living off of shorting over bought stocks and I fade the move up so not only am I not afraid to put offers out to be lifted that is my standard...

Hello Mnphats, oh now you had to go and say all that.....LOL I totally agree about the CD. Kinda glad that they are just playing the old stuff. Makes me want to see them more than if they had some crappy new stuff that I don't even know.... Well, I gotta make another 3500 this week...

Market started out with a slight gain. As it turns out I was not able to overcome the earlier losses this month. In a real way I do feel good about the month and how I was able to bring the account back up. The Quarter is ending nicely and I am happy about that. I scalped AMLN at the...

I came closer to going positive for the month than I once thought I would. Still sucks to have a losing month. + 5424 Day - 3386 Month + 64737 Quarter

Hey Surf, I hope things are going well for you. Let me know if you want me to get you a ticket too !! Vegas is always the right answer.... Yes I have to agree to a large degree. the band is looking older(so am I) and it would not surprise me if this was the last tour. This is of...

Having trouble deciding if I really want to pay so much to go to the Fleetwood Mac concert I decided to give myself a challenge. Surprisingly (or maybe not as my wife knows I really like Stevie Nicks) my wife has not spoken against me going to the Fleetwood Mac concert even though it would...

Hello Builder, YES YES YES !! Actually its even worse as I was an importer of products from China before changing to a full time trader. Buying things for $100 and knowing that I could buy it for about $15 in china changes how you buy anything and often ruins the buying experience...