A 70k bet that I can't make a 50% gain in 2009

<img src="http://puddles.humanfund.ca/20100625/spy.png">

<img src="http://puddles.humanfund.ca/20100625/nly.png">

<img src="http://puddles.humanfund.ca/20100625/apc.png">

<img src="http://puddles.humanfund.ca/20100625/dvn.png">

<img src="http://puddles.humanfund.ca/20100625/aig.png">

10:46

LONG NLY 17.31
STOP 17.24
TGT 17.45

- Wow it's glad I looked at this on another platform. Under sterling it showed yesterdays close at 17.10 so this stock appeared green
- Now that I see it was in the red the whole time and not extended down i'm not sure I would have taken this trade.
- Anways, the logic at the time was this
- NLY strong since the open, SPY chopping around and making new lows near 11am.
- NLY was making new highs at this point, look to go long
- Ticked out the next bar at .24 and it heads higher to my target..
- out -0.07

11:09

SHORT APC 36.53
STOP 36.68
TGT 36.23

- APC very weak from the open
- geez was already in a short and looking to add at this point
- Setups we add with are the same as entry setups, I liked this play so I followed along
- out -0.16

11:14

SHORT DVN 62.93
STOP 63.01
TGT 62.77

- After 10am SPY tries to retrace up, DVN does not particpate
- Short under the tight lower high
- out -0.10

14:56

LONG AIG 37.12
STOP 37.04
TGT 37.28

- AIG making clean moves to new highs
- Look to long the break above the range
- out -0.13


I also missed 2 shorts before my opening NLY loss. The first one there were no shares available and went to target, the second I missed the entry by a penny (shorted on the offer and it just ran away from me)

horrible day, 7-13 on the week which is just above b/e before commish.

http://puddles.humanfund.ca/wp/2010/06/25/2010-06-25/
 
Quote from puddles:

LONG NLY 17.31
STOP 17.24
TGT 17.45

- Wow it's glad I looked at this on another platform. Under sterling it showed yesterdays close at 17.10 so this stock appeared green
- Now that I see it was in the red the whole time and not extended down i'm not sure I would have taken this trade.
- Anways, the logic at the time was this
- NLY strong since the open, SPY chopping around and making new lows near 11am.
- NLY was making new highs at this point, look to go long
- Ticked out the next bar at .24 and it heads higher to my target..
- out -0.07
More...

NLY was ex-dividend today, so the price was off by that amount, I think. This is one of my very few long term holdings. Gotta love that 15% div :cool:
 
Quote from NoDoji:

NLY was ex-dividend today, so the price was off by that amount, I think. This is one of my very few long term holdings. Gotta love that 15% div :cool:
More...

ya, cuz you really need those 15% divs when you're making 500% on your trading account. :)

thanks for that info though. I think it's pretty rare I'm long a stock that's red on the day (and vice versa with shorts)
 
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