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  1. R

    Trader P/L 2009

    Going to disney world with the family tomorrow so I expect next week I will not be trading much. I am bringing a laptop and two monitors so we will see what happens Only one trade today + 966
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    Obama administration will announce nationalization

    Good news good news!!! That would be great if the banks are nationalized. Nothing says success like a big government program with huge amounts of money. Why they always go into these things saying how this and that is needed and how it will help us and not talk about how they are going to...
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    NoDoji's Day Trading Log

    Let me know when you write your first book on trading so I can get one and add it to my top trading books list. Good job Nod !!
  4. R

    Weinstein Trading and Fading

    Today started out with scalping APOL. ESI another educational stock reported better than expected and gave guidence that was better than expected. This gapped up ESI and moved APOL to much higher ground but not without moving all over the place. I went on to trade it throughout the day which...
  5. R

    Trader P/L 2009

    Starting to string together some nice days again. nice to see GE not get pissed on again today. + 2222
  6. R

    I'm buying calls

    Perhaps this is more for other new traders as I have doubts that this concept will matter to you at this point. Sometimes when you win you still lose. This over simplifies it but I think helps get the point across. If you took all your money and bet it on a bet with a 90% chance of...
  7. R

    I'm buying calls

    Firstly, best of luck to you. Why not a spread or sell some puts? let some of that time work in your favor. What I dont like about this post and I hope for your sake its not true is your desire to 'go all in'. This is a sign that you want the action and not the money. You can not have...
  8. R

    NoDoji's Day Trading Log

    Good trading day after a nice run yesterday. Many have a habit of giving much of it back the next day. Way to stay focused !!
  9. R

    Weinstein Trading and Fading

    Ebay and AAPL came out with earnings after the bell and provided for some very good scalping. Well at least AAPL did. ebay seems to have lost its luster with auctions and with trading. Today marks the best day of the year so far and will be the next challenge to beat. ebay + 25 AAPL +...
  10. R

    Weinstein Trading and Fading

    Overall a good day trading today. Started out with covering PNC stock in pre-market. As it turns out PNC had a lot more life in it and kept going higher throughout the day. My experience with pre-market trading is that prices can be very out of tune with how the open will be because it...
  11. R

    Trader P/L 2009

    Good day + 4016
  12. R

    Charles Schwab strongly in favor of uptick rule re-implementation.

    Ok, I didn't spend any time researching this but..... One most think on the face of it that the average Schwab customer doesn't know as much as they should to be trading and They are the perma longs until it hits bottom at which point they sell out. That being said, Schwab really needs a...
  13. R

    1/4% Tax on all stock trades pushed in NY Times today

    Thanks for posting the link. I gave him more than he wants to read in the comments.
  14. R

    Inflation is the way out

    One of the better ideas. To bad DC doesn't really care about good ideas as they usually dont gather votes
  15. R

    From the trenches of China

    I have been to China many times and used to run an import company (sold last year to hang out with you guys) From the emails that I get from factories things are soft in terms of sales. Prices are coming down and that's a first since the 'float' of the currency july 05. I am sure there...
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    Weinstein Trading and Fading

    Today started out very well in pre-market when I checked on APOL to find that it was trading lower in premarket trading. During the open I covered all but 400 shares that I was short and the 400 remaining are covered shorts with FEB 85 Puts written against them for a premium of 4.30. If APOL...
  17. R

    Trader P/L 2009

    was better but ended ok + 1678
  18. R

    Do You Think Trading is Gambling?

    Well of course Trading is gambling. Its actually very easy for anyone to see as the results are so in your face. Your trades may have a postive edge or negative but that doesnt change the fact its still a gamble. I think the whole question is rather silly for traders to be debating...
  19. R

    Green on the 1/4% Trading Tax

    I put this in the other thread (and regretted it for it was way to buried under) Some of us have been active in trying to get our voice out there. Don't dismiss this out of hands folks, as it was not that long ago congress pass a high tax on luxury boats. This was another one of those...
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    Weinstein Trading and Fading

    Today was a mixed day. while I did have some things that went my way today, Others such as APOL moved against me. I started out the day, positioning my covers for APOL at a point that was as luck would have it was Just below the low of the day. I then went nine to trade APOL by fading the...
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