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

<img src="http://puddles.humanfund.ca/20101213/spy.png">

<img src="http://puddles.humanfund.ca/20101213/celg.png">

<img src="http://puddles.humanfund.ca/20101213/nov.png">

<img src="http://puddles.humanfund.ca/20101213/bbt.png">

<img src="http://puddles.humanfund.ca/20101213/sndk.png">

<img src="http://puddles.humanfund.ca/20101213/v.png">

<img src="http://puddles.humanfund.ca/20101213/tsl.png">

<img src="http://puddles.humanfund.ca/20101213/amzn.png">

<img src="http://puddles.humanfund.ca/20101213/wynn.png">

9:39

SHORT CELG 57.3
STOP 57.38
TGT 57.14

- Was on daily short list
- Gapped up with market but tanked
- Market stayed green, CELG red
- short the lower high
- out b/e

9:51

LONG NOV 65.35
STOP 65.11

- Gap and go from the open while SPY pulled back from it's gap up
- out -0.27

9:53

SHORT BBT 26.79
STOP 26.86
TGT 26.65

- I probably should not have shorted this at all as BBT was on my daily long list
- Exceptional weakness vs SPY
- Basing at the lows against support
- Short the break
- I havn't made a mistake like this since my first few months trading (which is only like 6 months ago) but I ended up LONG instead of short on the break.
- Of course I get this wrong on a home run and I end up closing out my long -0.08.
- I'm counting this as a winner as the setup was great but the execution was about as bad as it could get

9:58

LONG SNDK 50.76
STOP 50.68

- All tilted from BBT I take this higher low
- Lesson learned?
- out -0.1

10:05

LONG V 80.57
STOP 80.4
TGT 80.91

- At this point I'm 1-2-1 in theory but my P&L looks like 0-3-1 so I take this half size
- V at the highs while SPY at the lows
- As SPY bounces off the bottom take V
- out +0.31

10:10

SHORT TSL 23.57
STOP 23.71
TGT 23.29

- See above, take this half size too
- Just weak from the open
- out +0.28

- At this point My P&L looks like a 1-3-1 day even though my calls were 3-2-1.. ugh.

14:23

LONG AMZN 176.22
STOP 176.05

- SPY pulled back from the highs
- AMZN put in a tight higher low in it's range
- I took this while very zoomed in and didn't realize AMZN was actually pretty low in it's daily range
- out -0.20

14:50

SHORT WYNN 100.80
STOP 100.94
TGT 100.52

- SPY at the highs, WYNN at the lows
- Short the support break, give a little wiggle on the stop as 10c is not enough
- out +0.28

4-3-1 day where my P-L looked like a 2-4-1 day (basically b/e)..

http://puddles.humanfund.ca/wp/2010/12/13/2010-12-13-trades/
 
Quote from snake:

Puddles,

Would you mind posting up your watchlist? I'd like to get a sense of the setups your looking to play.

Cheers.

here's what i found for tomorrow, i don't plan on making this a regular posting though..

Long: AIG COST SFD MDR MAS
Short: TLB SNH
 
9:44

LONG HIG 26.02
STOP 25.93

out -0.10

10:16

LONG IBM 145.51
STOP 145.34
TGT 145.85

out +0.33

10:17

SHORT EXPE 25.52
STOP 25.63
TGT 25.3
 
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