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  1. N

    2012: The Battle for Survival

    You might want to revise week6 to read (15,291). I guess you picked the cummulative P/L
  2. N

    2012: The Battle for Survival

    Yes, for someone involved with active stocks, the next two/three weeks is the heart of earnings season, and it is not difficult to find opportinities to trade. I think 6K for the next 2/3 weeks is realistic on the reduced size (It's not like taking 162K to $2million by year end :)). If I can't...
  3. N

    2012: The Battle for Survival

    Weekly Update for week 13/50 ended 4/13/2012 Horrible week, down 13K (7.2). Confidence at new lows, and outlook looks grim. Market sell-off on Tue left me seriously wounded, as a bunch of call options were sent reeling. I 've been too fast to increase number of allowed discretionary...
  4. N

    2012: The Battle for Survival

    I still have my regular job (glad I do :)). My work revolves mostly around the computer, so yes I frequently check on the market (switch windows!). I have automated stops on most of my positions these days too, and I have opportunities to close them before close of market if not stopped out...
  5. N

    2012: The Battle for Survival

    I do not think I am putting on a size bigger than I can deal with. If +/-10% a week is the norm, I would say yes. But I want to look at this week as isolated. Over the past 3/4 years I have actually been reducing my size, and that shows in the weekly percentages. I went back and computed the...
  6. N

    2012: The Battle for Survival

    Weekly Update for week 11/50 ended 3/31/2012 Mournful week, down 19.5K (9.7%). Steady losses on Mon, Tues, Wed combined to poke a stunning hole in my account. No outlandish loser, but a series of (bad luck?) ensured the combined damage was massive. I would put on say four limit orders...
  7. N

    2012: The Battle for Survival

    Beau, I realise there are people stalking me every Friday night. Yes, you are right; there was no incentive to come here and post my brutal week(below). Was instead spending the time programming my next set of come-back ideas. Hopefully will get everything in place before earnings season kicks...
  8. N

    2012: The Battle for Survival

    Weekly Update for week 10/50 ended 3/24/2012 Negative week, down 4.8K (2.3%). Too many trades taken. Not many clear opportunities. I will have to avoid this tendency to overtrade following a good week. Opening Balance: 205,678 Net loss for the week...
  9. N

    2012: The Battle for Survival

    I have probably no straightforward answer. For one thing, I believe my putting the automated check on averaging down has saved me from the excessive loss that such brings about. When I average down and incur a bigger than normal loss, the tendency is to have a loss of confidence, and not step up...
  10. N

    2012: The Battle for Survival

    Weekly Update for week 9/50 ended 3/17/2012 Great week, up 14K (7.5%). Most of the action this week is centred in AAPL options. Scored 2 out of 4, but the winners far outsized the losers. Faded on Tues (bought AAPL PUT), lost 4.2K. Faded again on Wed (triggered trade, albeit on smaller...
  11. N

    2012: The Battle for Survival

    Weekly Update for week 8/50 ended 3/9/2012 Positive week, up 9.2K (5%). Good collection of gains and no major losses to report. My system is now ensuring no position gets averaged down on. Once more at (almost) break-even for the year for the 3rd time. Hopefully there could be some...
  12. N

    2012: The Battle for Survival

    No, I still have my regular job. Whatever I am pulling here is supplementary. It's just unfortunate it has grown to be almost what I am getting from the other job net. Might have to cut down if things do not improve.
  13. N

    2012: The Battle for Survival

    Weekly Update for week 7/50 ended 3/2/2012 OK week, up 5K. Collected some nice gains Mon-Thurs, above 10K, but gave back a good chunk of that on Fri. Seems to be the pattern lately. Still wondering why it has to be so. An explanation might be the slowness on Fridays and the dread of an...
  14. N

    2012: The Battle for Survival

    Weekly Update for week 6/50 ended 2/25/2012 Appalling week, down 15K (7.7%). The disaster was on Wed with FIRE. Shorted at 41.78 as the stock popped at the open, added more at 42.7, and more at 43.3, total 7000 shares. Closed near the end of day at 45.3, losing 15K. Shows how easy it is...
  15. N

    2012: The Battle for Survival

    Not as bad as that!
  16. N

    2012: The Battle for Survival

    But mom, I just couldn't resist, and my system failed to stop me averaging in!
  17. N

    2012: The Battle for Survival

    Destroyed playing with FIRE!
  18. N

    2012: The Battle for Survival

    Weekly Update for week 5/50 ended 2/18/2012 Nice week, up 7.6K (4%). This is one of those weeks that seem like a loss considering all the opportunities I had to make it big. Bedevilled with execution short-comings: too fast to lock in gains and getting easily shaken out of otherwise...
  19. N

    2012: The Battle for Survival

    Weekly Update for week 4/50 ended 2/11/2012 Positive but disturbing week, up 2.3K (1%). Looks like Friday seems to be my nemesis these days. Was up 8K going into friday, lost most of that in a trade. Opening Balance: 188,369 Net gain for the week...
  20. N

    2012: The Battle for Survival

    Weekly Update for week 3/50 ended 2/4/2011 Disgusting week, down 3.8K (2%). Was having an OK week, until Friday. A short position cost me a bunch and reversed my gain for the week. Took out 6K for the month ended 1/31/2012. Opening Balance: 198,139 Net loss for...
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