A 70k bet that I can't make a 50% gain in 2009
- Thread starter geez
- Start date
<img src="http://puddles.humanfund.ca/20100827/spy.png">
<img src="http://puddles.humanfund.ca/20100827/rimm.png">
<img src="http://puddles.humanfund.ca/20100827/gs.png">
<img src="http://puddles.humanfund.ca/20100827/x.png">
<img src="http://puddles.humanfund.ca/20100827/bp.png">
9:40
(2 min play)
SHORT RIMM 46.12
STOP 46.32
TGT 46.72
- RIMM is the new MON, look to short it every day
- Slight gap up, goes red quickly
- Rel weaker than SPY
- punched it out +0.22 before the 9:55 news
11:25
SHORT GS 139.55
STOP 139.75
TGT 139.15
- SPY heading higher from 11am
- GS holding a tight range near the lows
- Short the break
- out +0.15 on a fat finger setting my stop, went straight to tgt. counting as winner
14:28
LONG X 43.66
STOP 43.55
TGT 43.88
- X a beast all day
- out +0.22
15:17
SHORT BP 35.47
STOP 35.52
TGT 35.37
- Tailed geezy on this one
- BIG red bar down
- Tight consolidation, look for continuation under a lower high
- out -0.08 vicious slippage
13-15 on the week. 48-49 on the month.
http://puddles.humanfund.ca/wp/2010/08/27/2010-08-27-trades/
<img src="http://puddles.humanfund.ca/20100827/rimm.png">
<img src="http://puddles.humanfund.ca/20100827/gs.png">
<img src="http://puddles.humanfund.ca/20100827/x.png">
<img src="http://puddles.humanfund.ca/20100827/bp.png">
9:40
(2 min play)
SHORT RIMM 46.12
STOP 46.32
TGT 46.72
- RIMM is the new MON, look to short it every day
- Slight gap up, goes red quickly
- Rel weaker than SPY
- punched it out +0.22 before the 9:55 news
11:25
SHORT GS 139.55
STOP 139.75
TGT 139.15
- SPY heading higher from 11am
- GS holding a tight range near the lows
- Short the break
- out +0.15 on a fat finger setting my stop, went straight to tgt. counting as winner
14:28
LONG X 43.66
STOP 43.55
TGT 43.88
- X a beast all day
- out +0.22
15:17
SHORT BP 35.47
STOP 35.52
TGT 35.37
- Tailed geezy on this one
- BIG red bar down
- Tight consolidation, look for continuation under a lower high
- out -0.08 vicious slippage
13-15 on the week. 48-49 on the month.
http://puddles.humanfund.ca/wp/2010/08/27/2010-08-27-trades/
<img src="http://puddles.humanfund.ca/20100830/spy.png">
<img src="http://puddles.humanfund.ca/20100830/rimm2.png">
<img src="http://puddles.humanfund.ca/20100830/hpq.png">
<img src="http://puddles.humanfund.ca/20100830/wynn.png">
<img src="http://puddles.humanfund.ca/20100830/rimm5.png">
<img src="http://puddles.humanfund.ca/20100830/cost.png">
<img src="http://puddles.humanfund.ca/20100830/nflx.png">
9:38
(2 min play)
SHORT RIMM 45.79
STOP 46.01
TGT 45.35
- SPY gaps down and tries to close the gap
- RIMM stays weak
- out -0.23
9:39
LONG HPQ 39.11
STOP 39.03
TGT 39.3
- Gap up on good news, tight higher low
- out +0.18
10:28
SHORT WYNN 82.99
STOP 83.28
TGT 82.41
- SPY weak and making new lows..
- WYNN toos.. That green bar prior to entry should have been a red flag
- out -0.32
10:50
LONG RIMM 46.73
STOP 46.61
TGT 36.97
- RIMM making new highs
- SPY trying to bounce off the bottom
- got 3c from tgt
- out b/e
11:01
LONG COST 56.75
STOP 56.69
TGT 56.87
- Same story as RIMM but strong all day
- Tight higher low, probably wasn't a good idea given the low volume to have a stop this tight
- out -0.08
11:11
SHORT NFLX 122.99
STOP 123.3
TGT 122.39
- Didn't bounce as well as SPY
- Tight consolidation trying to break through support
- out -0.39
Bad day.. Only one regretable trade (WYNN) and maybe could have set up COST better but that was going to lose no matter what stop size I chose
Work went nuts after i stopped out on the day (still working). Hope I can finish August strong tomorrow..
http://puddles.humanfund.ca/wp/2010/08/30/2010-08-30-trades/
<img src="http://puddles.humanfund.ca/20100830/rimm2.png">
<img src="http://puddles.humanfund.ca/20100830/hpq.png">
<img src="http://puddles.humanfund.ca/20100830/wynn.png">
<img src="http://puddles.humanfund.ca/20100830/rimm5.png">
<img src="http://puddles.humanfund.ca/20100830/cost.png">
<img src="http://puddles.humanfund.ca/20100830/nflx.png">
9:38
(2 min play)
SHORT RIMM 45.79
STOP 46.01
TGT 45.35
- SPY gaps down and tries to close the gap
- RIMM stays weak
- out -0.23
9:39
LONG HPQ 39.11
STOP 39.03
TGT 39.3
- Gap up on good news, tight higher low
- out +0.18
10:28
SHORT WYNN 82.99
STOP 83.28
TGT 82.41
- SPY weak and making new lows..
- WYNN toos.. That green bar prior to entry should have been a red flag
- out -0.32
10:50
LONG RIMM 46.73
STOP 46.61
TGT 36.97
- RIMM making new highs
- SPY trying to bounce off the bottom
- got 3c from tgt
- out b/e
11:01
LONG COST 56.75
STOP 56.69
TGT 56.87
- Same story as RIMM but strong all day
- Tight higher low, probably wasn't a good idea given the low volume to have a stop this tight
- out -0.08
11:11
SHORT NFLX 122.99
STOP 123.3
TGT 122.39
- Didn't bounce as well as SPY
- Tight consolidation trying to break through support
- out -0.39
Bad day.. Only one regretable trade (WYNN) and maybe could have set up COST better but that was going to lose no matter what stop size I chose
Work went nuts after i stopped out on the day (still working). Hope I can finish August strong tomorrow..
http://puddles.humanfund.ca/wp/2010/08/30/2010-08-30-trades/
Great stuff Puddles, keep it up. Day after day, you press home the importance of risk vs reward & discipline of keeping with such. While I miss Geez's posts, it's yours that really opened my eyes in recent months to the importance of R:R.
Cheers man, looking forward to the August recap.
Cheers man, looking forward to the August recap.
What a way to finish August.. I scaled down to two charts on one LCD yesterday..
<img src="http://puddles.humanfund.ca/pictures/baby_monitor.jpg">
My daughter arrived a little ahead of schedule yesterday. Mother, baby and myself are doing fine but I'm not sure when the next time I'll be placing some trades will be..
August stats: 49-54 (47.5%). +1 baby..
