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

Quote from puddles:

By position size do you mean the $ value of the equities in the trade or # of shares?

I honestly do not pay that much attention to it, i just look at the stop size and how many shares I need to size accordingly. If that's 1000 shares of C or 1000 shares of GS, I'd rather not run out of buying power trying to take a setup. So the answer to your last question is sometimes. :)
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Cool, yes not having to worry about running out of buying power is nice. I did mean $ value of equities in the trade but after I posted I realized that I could actually look at your posted trades and figure the value. Sorry for the dumb question :)

Thanks for continuing the thread. I think this style of trading appeals to a lot of people.
 
9:40

(2 min chart)
SHORT MS 25.91
STOP 25.96
TGT 25.79

out -0.06

9:51

(2 min chart)
SHORT MS 35.89
STOP 35.95 (was seeing things, this is wrong)
TGT 35.77

out +0.11

10:54

SHORT WYNN 86.99
STOP 87.2
TGT 76.57

out -0.23

11:00

SHORT RIMM 47.98
STOP 48.08
TGT 47.78

out +0.2

13:58

SHORT APC 47.7
STOP 47.78
TGT 47.54

out +0.15
 
<img src="http://puddles.humanfund.ca/20100823/spy.png">

<img src="http://puddles.humanfund.ca/20100823/ms.png">

<img src="http://puddles.humanfund.ca/20100823/wynn.png">

<img src="http://puddles.humanfund.ca/20100823/rimm.png">

<img src="http://puddles.humanfund.ca/20100823/apc.png">

9:40

(2 min chart)
SHORT MS 25.91
STOP 25.96
TGT 25.79

- MS very weak vs SPY on the 2 min
- out -0.06

9:51

(2 min chart)
SHORT MS 35.89
STOP 35.95 (was seeing things, this is wrong)
TGT 35.77

- See above, BS tick out on the prior trade, still want it short.
- out +0.11

10:54

SHORT WYNN 86.99
STOP 87.2
TGT 76.57

- WYNN weak and setting up right at a round #.
- geezy and I both announced this short at the same time but we had never discussed the setup prior. great minds think alike right?!
- BS tick out on this one too.
- out -0.23

11:00

SHORT RIMM 47.98
STOP 48.08
TGT 47.78

- Weak + round # + no bounce with SPY on the 11am bar (SPY bounced, RIMM didn't)
- out +0.2

13:58

SHORT APC 47.7
STOP 47.78
TGT 47.54

- SPY flat from 12-2
- APC drifting down
- out +0.15

http://puddles.humanfund.ca/wp/2010/08/23/2010-08-23-trades/
 
I created this little calculator over the weekend to help me size my trades and set my stops/tgts correctly. I was originally going to write this as a windows forms app but decided to make it a web app so others could easily use it.

I'm not sure if anyone is going to use it but I found it useful today.

- Set your max loss per trade.
- Select your side (Short/Long).
- Enter the cents of the entry and stop and the calculator will do the rest.

Some handy tips.

- You can use your wheel mouse in the stop and entry fields to increment.
- To use the least amount of real estate, pop up a new window, set your max loss size, shrink the window.

If you find any bugs or have any suggestions please let me know.

http://puddles.humanfund.ca/tradecalculator/
 
Calculator is pretty bad ass puddles......

I see you didnt mention my WYNN re entry short at 3:10 (the one you pussed out of) hehe
 
Quote from geez:

Calculator is pretty bad ass puddles......

I see you didnt mention my WYNN re entry short at 3:10 (the one you pussed out of) hehe
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is that an effort to reclaim the ownership of this nice thread geez? lol
 
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