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

Just discovered your thread recently and it looks like youre kicking ass so good on ya!

Just wathed that last SKF trade and yeah.... always painful to 'almost' hit a target then come all the way back.

Do you have a point that you move your stop up to even pre calculated? Or once it starts coming back heavy do you punch it even to ensure its not a loss?

It seems that any targets being altered during the trade is pretty intuitive for you (from reading some past posts about moving your profit target lower)


I am sure we are all curious about any other wacky bets you get into this year so keep us posted on those as well!

Happy Trading
 
Quote from TheJay:

I am sure we are all curious about any other wacky bets you get into this year so keep us posted on those as well!

Jay, don't encourage him, he's incorrigible :D
 
6/23/09:

Total P/L -478.66
6 trades
1 win
4 losses
1 b/e


* I couldn't log into ET due to a work project (May have to call in Mike Morrison to verify these trades..he saw them in real time)

12:26 1200 DIA SHORT 83.16
STOP 83.31
EXIT 1200 DIA 83.31 -193.78


1:40 1300 SKF BUY 45.06
STOP 44.91
EXIT 1300 SKF 45.38
P/L + 398.32
 
Quote from TheJay:

Just discovered your thread recently and it looks like youre kicking ass so good on ya!

Just wathed that last SKF trade and yeah.... always painful to 'almost' hit a target then come all the way back.

Do you have a point that you move your stop up to even pre calculated? Or once it starts coming back heavy do you punch it even to ensure its not a loss?

It seems that any targets being altered during the trade is pretty intuitive for you (from reading some past posts about moving your profit target lower)


I am sure we are all curious about any other wacky bets you get into this year so keep us posted on those as well!

Well Jay,
There is a rumor going around that I waterskied on the Potomac River, on Memorial Day, past the Lincoln Memorial, during Rolling Thunder, wearing a sun dress.......now if only there were pictures.......

Happy Trading
 
6/24/09:

Total P/L -584.13
3 trades
3 losses




* Had a SPY long stop -194.23
SPY short stop -191.18


Had 2 big meetings yesterday, so couldn't post.....should be back to normal now though (stupid real jobs, bleh)
 
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