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

HMMMM....maybe it's groundhog day, because this actually fits for my market bias today as welll......... [/QUOTE]


1/27/09 Total P/L +441.10

Only one trade today:FAZ long

Maybe it really is groundhog day.....deja vu all over again!!!!
 
Quote from geez:

HMMMM....maybe it's groundhog day, because this actually fits for my market bias today as welll.........
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1/27/09 Total P/L +441.10

Only one trade today:FAZ long

Maybe it really is groundhog day.....deja vu all over again!!!! [/QUOTE]

Geez, nice work. I'm sooo jealous. Been paper trading FAZ and scared to really trade it, he he
 
Quote from NoDoji:



Geez, nice work. I'm sooo jealous. Been paper trading FAZ and scared to really trade it, he he [/B]
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NoD.. I actually put FAZ on my watchlist due to reading your commentary regarding it, so I guess I owe you a thanks!
 
1/28/09:

Well...3 weeks ago I was looking for the market to continue higher, then the past week I was looking for the base on the index daily charts to break lower...and now we are gapping up +150. I'm glad I'm not swing trading!

I'll wait out the morning and see if we sell off (to short), or stay pretty flat(will look to short). But if we stay strong I guess I'll have to dust off the old "Long Hat".

I'll be scanning for weak stocks to short in the first 30 min. of trading
Good Trading!
 
1/28/09:

The beauty of watching a live trader........

I originally had a 2000 share order for DIA with a .10 stop. I thought twice about it and went with a 1000 share lot and a .20 stop for more wiggle room. I forgot to change my alert from a target of 83.45 to 83.55 and when DIA got to 83.45 a took my target(that was set for my 2000 shares)....I forgot to change my target to 83.55 (my 1000 share order).....as DIA hits 83.55 now and I watch my extra $100 go by, and MORE IMPORTANT, my risk/reward ratio take a hit.

Lessons learned everyday.......
 
Quote from eternitysgarden:

Any reasonable healthy male should be able to bench twice his weight, you're only impressive if you can bench 3 times your weight, so don't act so tough.
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Sorry to intrude on this otherwise excellent journal, but eternitygarden is a fool.

The vast majority of males cannot bench anywhere close to 2x bodyweight, and certainly couldn't with only 3 months of training. 3x benches are very rare even in elite ranks, guys that train specifically for that lift, and that includes the use of shirts and lots of "supplements."

http://www.powerliftingwatch.com/records
 
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