ET Swing Trade Competition Journal

[ig0r]

Quote from ig0r:

I didn't see this mentioned anywhere, but when does the competition end? Only wondering because I plan to enter with options trades (is this allowed, btw?) and want to know when I need to get out, thanks.

Oh well, here's my first trade.

Assuming that QQQMJ (36 Jan QQQ Put) opens tomorrow where it is right now (0.55x0.60), I'm buying 200 contracts at the ask ($12000), that's $200 in coms ($1/contract @ IB) and $1000 lost to the spread. Current account value: $23800, holding 200 36 Jan QQQ Puts.

 

[bobcathy1]

Ok...my trades are over
Bought 5 ER2 @ 543.20
Bought 2 ER2 @564.50

Sold 7 ER2 @ 565

= $11,000 profit on $25,000 starting capital = $36,000

Go ahead fellows....beat that!

 

[taodr]

Well done, I hope 2004 is full of huge profits for you !

 

[OldTrader]

Quote from bobcathy1:

Ok...my trades are over
Bought 5 ER2 @ 543.20
Bought 2 ER2 @564.50

Sold 7 ER2 @ 565

= $11,000 profit on $25,000 starting capital = $36,000

Go ahead fellows....beat that!

Very nice trade! I think the others are busy trying to dodge the margin clerk!

OldTrader

 

[Trapper]

Great trade! Great way to start out the New Year.


Best regards,

Trapper

 

[TGregg]

Quote from okwon:

Did AMT get stopped out of his positions?

One way or another, he did.

Quote from AMT4SWA:
BTW, OldTrader...the ES would have to go to 1117 to wipe out this simulated account during the trade day...not going to happen!

 

[T-REX]

still holding ES long from 1123.75.

 

[dbphoenix]

Quote from T-REX:

still holding ES long from 1123.75.

Really? I'm still holding from 1114.75. And using your system, too. Imagine that.

 

[swimmus]

Out 300 of CPN @ 5.75 for 1.00 gain. Holding 200 until further notice.

Quote from swimmus:

I actually posted this earlier but in the wrong forum.

Added 500 shares of CPN @ 4.75 and will sell a majority around the 5.50 area. Stop (mental)- triggered only if it closes below 4.40. I do not let intraday stops stop me out unless major major news - not the intraday noise.