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    Taking 410K to 4million by Year End 2010

    Thanks. Corrected.
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    Taking 410K to 4million by Year End 2010

    Quick recap of the last two weeks. Was out of town and didn't have much time to check the market until this week when I came back and was fully involved (spending my last week of vacation from my regular job). Turned out to be an impressive week, up 46K (14%). Almost makes me question why I...
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    Taking 410K to 4million by Year End 2010

    The execution was not all at once. Like I said it was ramped on size bigger than the initial execution of 1597 shares. Here are the full executions on that trade: 12/16/2010 14:25:48 Bought 1597 V @ 75.13 -119,989.61 -223,009.87 12/16/2010 14:49:59 Bought 400 V @ 71.775...
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    Taking 410K to 4million by Year End 2010

    Weekly Update for final week 50/50 ended 12/23/2010 Moderately positive week, up 3K (1%). A little of a dragging 3 days. Closing shop for the holidays now. Going out of town for the next two weeks, and should be back sometime in the new year to start a new thread. A bad year it was, but...
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    Taking 410K to 4million by Year End 2010

    Yes, I plan to start another. Don't like giving up at the lows. Hopefully should be a better year next.
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 49/50 ended 12/18/2010 Horrible week, down 35K (10%). Nothing going for me this week. Worst loser was V on Thursday. Not sure why my automation picked it up in spite of other metrics that should have suggested it should avoid buying the dip, and that with a doubled...
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    Taking 410K to 4million by Year End 2010

    Yeah, I think I am still young enough to identify a fad and swim along. Still keeping my eyes to the ground, in case the music changes. Seriously, my mantra has been "buy credible strength, fade exuberance. Short credible weakness, buy panic". The threshhold for credibility of strength is so low...
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    Taking 410K to 4million by Year End 2010

    Thanks for the correction.
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 48/50 ended 12/11/2010 Great week, up 26K (8%). Very few trades, but great win rate (just one losing trade - an automated one losing $886). Big winner was LULU which I accumulated from pre-market on Thur starting @ 61.70, closing later @ 65.30 avg. Opening...
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 47/50 ended 12/04/2010 Negative week, down 10K (3%). The good win ratio should have meant a positive week but for some nasty beatings in NFLX and the SPY. Lost 16K on Tues trying to call a short-term top on NFLX soon after it rocketed above 200. Got 75 DEC18 200 PUTs...
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    Taking 410K to 4million by Year End 2010

    Moderately positive week, up 4.5K (1.4%). Still not a lot moving, just snapping up SPY CALL on the pull-back here and there, gaining some here, losing some there. My automation again found nothing interesting, the couple of times it should have picked some shorts, the stocks were unavailable...
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    Taking 410K to 4million by Year End 2010

    Does your calculation pay attention to cash withdrawals (over 400K during that time period)? Simply checking opening and closing balance does not give you a P&L figure, does it ?
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    Taking 410K to 4million by Year End 2010

    I could say many of the points you listed, but I think the biggest one is the commitment to rein in my averaging down habit. That has accounted for far too much loss in my trading this year as well as previous years - for prior years those losses were masked by other nice opportunities that...
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 45/50 ended 11/19/2010 Another positive week, up 15K (4.9%). Was mostly a week of caution. Made some 4K gain Monday, lost 8K on Tue with the market sell-off as I was mostly long. Refrained from trading Wed/Thur partly from lack of opportunities and partly because of...
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 44/50 ended 11/13/2010 Positive week, up 12K (4%). Delighted to have the first 5-week winning streak in a year. New highs for the year excluding the first week. Now can say, "had it not been for the loss of the BIDU trade on week 1 (-102K), I should be positive for the...
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    How long since a 2% down day for S&P 500?

    Prior Drops of 2% or more on the S&P in last year: 8/11/2010 2.7% 7/16/2010 2.8% 6/29/2010 3.1% 6/4/2010 3.5% 5/20/2010 3.8% 5/6/2010 3.3% 5/4/2010 2.4% 4/27/2010 2.4% 2/4/2010 3.1% 1/22/2010 2.2% 1/21/2010 1.9% (nearly) Not too few for a normal year.
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 43/50 ended 11/06/2010 Positive week, up 10K (3.4%). Lots of offsetting action for the most part this week on my discretionary trades, until Thur when I lost 12K shorting (SPY PUTs) the market. IF there ever was a day not to fight the Fed, it should have been Thur...
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    Taking 410K to 4million by Year End 2010

    Thanks for your comment (Was curious when I saw you've posted just twice since registering in May 2009, checked your other post, and voila it was in last year's thread). This journal basically gives the result of my trading, with rough sketches of the trades I do. The intention is not to bring a...
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    Taking 410K to 4million by Year End 2010

    Weekly Update for week 42/50 ended 10/30/2010 Moderately positive week, up 7K (2.5%). Earnings season brought a lot of activity. Unfortunately the pattern was for me to start each day with a good winner only to enter a dumb trade later that practically wipes out the earlier gains for the...
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    Taking 410K to 4million by Year End 2010

    That is brutal!
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