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

Quote from puddles:

10:02

LONG V 77.75
STOP 77.48
TGT 78.29

V printed 78.24/78.25, my 1.8:1 tgt is .24

out +0.49

i wanted to book a winner with an 0-2 open and 2 trades open
 
<img src="http://puddles.humanfund.ca/20101029/spy.png">

<img src="http://puddles.humanfund.ca/20101029/v.png">

<img src="http://puddles.humanfund.ca/20101029/amzn.png">

<img src="http://puddles.humanfund.ca/20101029/unh.png">

<img src="http://puddles.humanfund.ca/20101029/mos.png">

<img src="http://puddles.humanfund.ca/20101029/cam.png">


With #'s coming out at 9:45 and 9:55 I pretty much laid off all trades till 10am

10:02

LONG V 77.75
STOP 77.48
TGT 78.29

- SPY gap down, try to go green and retrace back to the lows
- V strong through all the news and sets up at the highs
- out +0.49 (took it at 1.8:1 tgt with 2 losers booked and 2 trades open)

10:24

LONG AMZN 168.21
STOP 167.94
TGT 168.75

- Strong from the open, after 10am SPY showed some big strength going from LOD to HOD in 10 minutes
- Look to stay long with a strong name
- out -0.3

10:34

SHORT UNH 35.96
STOP 36.03
TGT 35.82

- UNH gap up and crap, weak through all news
- Weak through the SPY strength at 10:05am
- Tight lower high under the round #
- out -0.08

10:53

LONG MOS 72.18
StOP 71.98
TGT 72.58

- Smooth strength from the open, whole sector strong
- out +0.4

11:25

LONG V 78.23
STOP 78.09
TGT 78.51

- One more time
- out -0.14

11:45

SHORT CAM 43.85
STOP 43.93
TGT 43.69

- CAM selling off, market weak but might bounce
- SPY puts in a green bar around 11:40 after a selloff, CAM continues downward
- Short under a tight bar
- out +0.16

6-12 week. 36-58 month (38%). I had my best winrate in September (52%) and my worst this month. I also sized up and moved to a new broker this month. figures.

Can't wait for November!

http://puddles.humanfund.ca/wp/2010/10/30/2010-10-29-trades/
 
Back
Top