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Week ended 12/23/11 +2100 Happy to have a positive week. Decided to paper trade the basket strat the last 2 weeks of the year. This week would have been a wash even with the move in the market. Pairs did nothing this week; pretty much a wash. Typical for lower volatility although I...

This is a pure coin flip. You should know better. If it worked you got lucky. Please don't try to convince anybody there is a strategy traking a trade like this.

Good job documenting. I am really bad at tracking my daily results. A lot can be learned by doing this. You have motivated me to start keeping track.

lol, i misunderstood your initial post. i personally sell puts. less cash outlay, less comms.

Just saw your post. If I have learned anything over the last 5 years of trading full time, trying to pick tops and bottoms is a dangerous game all around. They can be very profitable trades but also hurt just as much when psychology starts entering the decision making process. You are spot...

Let em have it volente, seriously. Afterward, put them on ignore. Responding to them is simply not worth your time. You have nothing to prove to anyone. Let your p/l do the talking.

Thanks. Wish I kept this public trading journal my whole trading career. Probably would have not been bleeding as much for this long.

Not sure I understand your logic on this. Can you clarify please.

Mass psychology for one. I know the divergence in VIX was mentioned as well. A few indicators also showed divergence. So all this combined with lower volume this week and pending santa claus rally caused a massive short squeeze. I did see this coming and actually got burned trying to trade...

makes sense, thx.

As long as you hold your stops you won't get hurt too badly. I pretty much have a short bias in this market as well but has burned me time and time again. The last 2 weeks of Dec are not a good time to be holding a short.

Good job neke. Write down and remember what you did the last few weeks. Seems like you got something. Stay discplined and the rest will take care of itself.

I have heard "be aggressive when things are going your way". The question is can one do this and stay disciplined at the same time; I doubt most can because most end up really pushing the envelope and take on too much risk. I personally loose focus when I do because I end up taking too much...

I am at that point of not making money for a substantial amount of time. Finally starting to realize what you are saying about focusing. Although I agree with your statement on downsizing, I think there is a time and place for it that helps get you back to focusing. Worrying about the money...

Thanks for advice and a good reminder. I did this in Sep and Oct and did quite well. Reverted back to pushing it again and it was obviously costly. Glad I am keeping this journal. It keeps me honest.

Always thinking of downsizing just hard to do. Appreciate the thought of loss versus gain.

Thanks for sharing Nodoji. Have been fighting the same thought process for 4.5 years. I am slowly but surely starting to realize that the trend is your friend.

Week ending 12/16/11 -14,000 Yes, that is one too many zero's for one week. My basket strat did the opposite of what it did when the market rallied 10% in one week. Gave back pretty much half what I have made in it. Could be quad witching related, maybe market direction, maybe stock...

Trying to sell that gap strat is like trying to sell snake oil, but good entertainment.

your strategy is a coin flip. make sure you add this gap down to your stats