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A 70k bet that I can't make a 50% gain in 2009
- Thread starter geez
- Start date
<img src="http://puddles.humanfund.ca/20100716/spy.png">
<img src="http://puddles.humanfund.ca/20100716/gs.png">
<img src="http://puddles.humanfund.ca/20100716/rig.png">
<img src="http://puddles.humanfund.ca/20100716/mos.png">
<img src="http://puddles.humanfund.ca/20100716/jpm.png">
10:22
LONG GS 150.1
STOP 149.9
TGT 150.5
- SPY gaps down and continues to sell off.
- Bad economic # at 9:55 sends us even lower
- GS kinda holds, and retraces strong than SPY at 10:15 on
- GS puts in a ridiculously tight bar (17c range)
- Long over the tight bar.. Given the consolidation at that level I knew I was either to stop or tgt by the close of the next bar
- out -0.30 with slippage (was 20c in my favor at one point)
10:42
SHORT RIG 52.45
STOP 52.71
TGT 51.93
- SPY was trying to retrace
- RIG staying at the lows
- Short under the lower high
- out -0.32
10:44
LONG MOS 43.78
STOP 43.56
TGT 44.22
- MOS a real bull on the day
- Almost back at HOD as SPY moderately retraces
- Long over the tight bar
- I got to within a few cents of my TGT and moved stop to B/E
- After a while MOS held the 43.00 level after a bunch of tests so I moved my stop to .99
- out +0.18
- Hit real TGT a few minutes later (ugh)
11:03
SHORT JPM 39.22
STOP 39.34
TGT 39.00
- By 11am SPY had retraced a little bit from the lows but still looked quite weak
- JPM was at the lows
- Short under the lower high, but put TGT at the round # rather than beyond it..
- got to within 1c of target, out b/e
http://puddles.humanfund.ca/wp/2010/07/16/2010-07-16-trades/
calling it a 0-2-2 day, 5-10-2 on the week. 15-16 on the month
<img src="http://puddles.humanfund.ca/20100716/gs.png">
<img src="http://puddles.humanfund.ca/20100716/rig.png">
<img src="http://puddles.humanfund.ca/20100716/mos.png">
<img src="http://puddles.humanfund.ca/20100716/jpm.png">
10:22
LONG GS 150.1
STOP 149.9
TGT 150.5
- SPY gaps down and continues to sell off.
- Bad economic # at 9:55 sends us even lower
- GS kinda holds, and retraces strong than SPY at 10:15 on
- GS puts in a ridiculously tight bar (17c range)
- Long over the tight bar.. Given the consolidation at that level I knew I was either to stop or tgt by the close of the next bar
- out -0.30 with slippage (was 20c in my favor at one point)
10:42
SHORT RIG 52.45
STOP 52.71
TGT 51.93
- SPY was trying to retrace
- RIG staying at the lows
- Short under the lower high
- out -0.32
10:44
LONG MOS 43.78
STOP 43.56
TGT 44.22
- MOS a real bull on the day
- Almost back at HOD as SPY moderately retraces
- Long over the tight bar
- I got to within a few cents of my TGT and moved stop to B/E
- After a while MOS held the 43.00 level after a bunch of tests so I moved my stop to .99
- out +0.18
- Hit real TGT a few minutes later (ugh)
11:03
SHORT JPM 39.22
STOP 39.34
TGT 39.00
- By 11am SPY had retraced a little bit from the lows but still looked quite weak
- JPM was at the lows
- Short under the lower high, but put TGT at the round # rather than beyond it..
- got to within 1c of target, out b/e
http://puddles.humanfund.ca/wp/2010/07/16/2010-07-16-trades/
calling it a 0-2-2 day, 5-10-2 on the week. 15-16 on the month
Quote from DT3:
Seems like messing with your stops is doing you more harm then good, why second guess yourself?
Also are you entering your trades as market or limit orders?
Keep on grinding!
You are 10000000000000% correct.
The MOS stop move was driven by a few factors:
1. I was 0-2 on the day already with 2 open trades, ending 0-4 was looming in my head and I couldn't shake it.
2. MOS was sooo close to TGT but pulled back and held .00 quite well
3. I was very nervous being long in today's market
Next time i go to b/e and that's that..