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

Quote from geez:

10:19 500 AAPL EXIT 123.29
P/L +335.86

* Once again, I put the wrong target in. This is getting to be a BIG problem for me....ughh

We should all have such problems
 
Geez,

Watching your consistent execution everyday is amazing.

I know you are using Scottrade. How do you enter your trades? Do they provide bracket order type or you have to enter stop and limit orders one at a time?
 
Quote from geez:

5/22/09:

10:43 800 CRM BUY 36.25
STOP 36.00
TGT 36.75

Setup

* Two red day followed by a big gap-down so it pull back was more likely.
* Took LONG position on violation of 10:35-10:40 candle's high; stop few cent below low of that candle.

So simple and sweet ;-)

Confusion: it was not on the morning's watch list. Geez?

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2437582" />
 

Attachments

Setup:

* Two red days, not so much gap? What was the criteria - confused...
* What was the indication for going long from 10:15 bar?

The candle at 10:15 was a nice rikshaw-man and telling that market is confused; seeking for the direction. So possible strategy here was to go LONG if it breaks rickshaw's high, go SHORT if it breaks rickshaw's low :-)

Hope I'm right :-)

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2437601" />
 

Attachments

Setup

* This stock is rallying like crazy for past 4 days. Huge gap-up. Perfect combination for SHORT.

One minute candle chart can explain the entry setup (too fast for 5M).

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2437622" />

Quote from geez:

5/22/09:

9:37 600 GOLD SHORT 68.08
STOP 68.38
TGT 67.48
 

Attachments

Hi Geez,

Thanks for taking the time to write this journal. It's greatly appreciated.

I don't mean to be a pain, but do you still plan on posting the 4 patterns that you trade?

Thanks
gotta_trade


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"Happiness has little to do with the circumstances you find yourself in, but rather what your attitude is towards your circumstances."
 
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