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Weekly Update for week 30/50 ended 08/07/2010 Nice week, up 18K (7.9%). Week began badly on Monday when I shorted HUM after the earning on leverage. Lost 7K in that one. Started a nice comeback on Tuesday on both the automated and discretionary front, including gains on PCLN long/call...

Weekly Update for week 29/50 ended 07/31/2010 Light week of trading, down 3K(1.3%). Made 8 automated trades Mon, Tue, Wed as I was involved in an allday workshop, and was having +1.2K to show. Made one discretionary trade on Wednesday afternoon fading the SPY move and that was a loss that...

Sorry about the belated post. Was away from Thurs on a trip where I had no chance to get on the web or trade, just coming back. Funny the kind of imagination at work. For the week (3 days of trading) lost about 2.5K. More details after I have rested. I think I indeed need some Bahamas cooling off.

Weekly Update for week 28/50 ended 07/24/2010 Ugly week, down 21K (8.3%). A collection of bad losses accounted for the mess. Nothing outsized by itself, and I did not have much rule violation to report, no averaging down, yet I got clobbered in both discretionary and automated trading...

Weekly Update for week 27/50 ended 07/17/2010 Moderately positive week, up 3K (1%). Mostly buying SPY call options on the dip through the week, until Friday, when a similar attempt mopped up a good chunk of the gains for the week (8.8K loss). The automated front is still not quite...

Weekly Update for week 26/50 ended 07/10/2010 Bad week, down 11K (4%). Was away on a course for much of the week, and didn't do much discretionary trade. The big discretionary losers were from going long the market on Tues with options. Promptly paid the price as the rally sold off...

You forgot Spain defeated Germany in the Euro 2008 final match. I think Spain plays more beautiful passing/possession football, and are quite pleasing in the middle. The strength of the Germans is their youth / ability to play mass attack and mass defense. Its amazing to see how dangerous they...

I thought I would have grown comfortable holding several days, but somehow I still feel there are enough opportunities intra-day there is no need for taking on overnight risk on my discretionary trades. Besides it would be a bad idea to average down into multi-day trades, since the overnight...

At this mid-point stage for the year, it is worth taking a look at the performance both for the short-term, and over a longer period. This year, I set out to minimise risk by lowering position sizes, and accelerating based on growth in account buffer. Needless to say that has not happened, since...

Germany defended and attacked like a team. Argentina was about the individuals, holding the ball too long, bad passing, bad defensive organization. OK how do I make money from this?

Weekly Update for week 25/50 ended 07/03/2010 Moderately positive week, up 6K. Nothing significant, except decent opportunities I missed entries by a dime. My automated methods continue to disappoint, which is a bit irritating. Opening Balance: 250,721 Net gain...

Weekly Update for week 24/50 ended 06/26/2010 Bad week, down 19K.Bad week for buying SPY option on the dip. That cost quite a lot this week. The worst trade was shorting BVF on Tue with leverage. That cost 14.7K, the worst loss for the week. Going thru my discretionary trades for the last...

Weekly Update for week 23/50 ended 06/19/2010 Better week, up 26K (10.8%). Delighted to have made some headway into last week's loss recovery. The better trades have been buying SPY call options on pull-backs. No big loss on my completely discretionary trades. Interestingly my automated...

That's horrible news. I use QT for my automation with ameritrade, I found Jerry very responsive. Will watch out for what that means on terms of continuation of that platform.

I do not use TA as such. My gut feel was that the move on the upside was over-extended, and was due for some retracement in the timeframe I have chosen (yes I know some laugh at that, but it is a profitable strategy!). Of course going after it the way I did not respecting position size was...

I just took a look at classifying the trades and summarizing for automated and discretionary trades. I looked at the period from 2/20/2010 (after the initial drop in my account to 230K) to today (6/12/2010) with a balance of about 243K. Over that period of three-and-half months, the number of...

Weekly Update for week 22/50 ended 06/12/2010 Bitter week, down 39K (14%). Another giant step backward. Was having a flat week till Thurs afternoon. Thought I needed to show something for a week's effort and decided to take heavy size on SPY PUT as well as short BP when it seemed like the...

Weekly Update for week 21/50 ended 06/05/2010 Positive week, up 10.5K (3.9%). Not a lot happening in individual stocks, except the oil-related issues which supplied most of the gains. The big regret was Friday, when I shorted a bunch of those oil-related issues, got beaten up having an...

Weekly Update for week 20/50 ended 05/29/2010 Moderatley positive week, up 6.6K (2.5%). Decent week, marked by small gainers and a high win rate (20 of 27), just marred on Thursday by a heavy short position that cost me 12K. Looking forward to next week. Opening Balance...

Weekly Update for week 19/50 ended 05/22/2010 Good week, up 17K (6.9%). Was playing fading over-extended moves in the SPY for the most part, and exiting when target bounces reached. Missed out on Fri rally. Set my trigger to load up on diverse stocks when the market comes to a certain level...