March Trading Journals
- Thread starter Hitman
- Start date
Credibility once lost is not easily regained. Makes me wonder how one develops the need to flippantly lie in public forum. Elitetrader and its contributing members provide a source of inspiration to many aspiring traders. They show 'it can be done' despite the seemingly incredible odds against the rookie trader. When doubt is suddenly cast on the credibility of a senior member who has purportedly 'made it', one can sum it up as disappointing to say the least.
at the pictures of your girlfriend
Rigel, Nitro,
Oh yeah.
Oh yeah.
Incredibly tough game off the open but provided some excellent opportunities in the afternoon. 22700 shares each way on 10 of 22 shooting, +931 before commissions, +492 after, 1 bullet.
The market definitely feels strong, as I have not had a winning bullet in quite some time. Hopefully the bulls will break through, a new bull market will be the greatest thing that can ever happen to our careers.
Pre-Market: Credit service upgrades, improved oil price.
9:30: Not the greatest day for my open orders. Got filled on GE short and out for 8 cents loss. Got filled on JPM short and lost 6 cents. Got filled on TXN long and lost 15 cents. Got filled on LOW long and lost 25 cents. Fortunately I had two decent winners in MU and MWD which greatly reduced the damage. Got 35 cents from MU and 25 cents from MWD (wish I held MWD a little longer). This is a HIGH CHURN strategy for sure, a good warm up exercise but I have a feeling it will lose a lot of its effectiveness if the market momentum returns (that said, I need something that will combat choppy opens, as on high momentum opens I do very well anyway).
9:42: I could not catch some of the credit services that opened late in time, and oils for that matter, a little too involved with LOW and did not switch to my primary game plan fast enough. Went long DYN and churned a lot of him and EP today (did score $100 something after commissions on EP). Bulleted DNA on BTK sell-off and churned a lot of him too (lost $100 after bullet costs).
10:20: Choppy market and stayed light, huge airline rally and I stopped out of CAL for flat. Tried CY but got out for flat.
10:40: Got MDC/SPF for home builder rally, got 30 cents a piece and churned some chemicals (EMN/FMC). I was up $200 something.
11:20: Churned some EOG. Took 200 share BZH and lost 70 cents, those 1 point shake out's are too painful. Had LEN but he was weak and I churned into a $100 deficit.
1:00: Home builder run up, loaded up on KBH, LEN, MDC, SPF, TOL, had DNA on BTK rally but the stock was incredibly weak. Churned EP/APA, but thanks to the nice futures run up I managed to be up as much as $750 at one point. Then everything came in and after I realize the profits and get spreaded on fills I was up just $500, but I will take it.
Team Stats:
8 of 9 active traders
80300 shares each way on 36 of 68 shooting (53%)
+2817 before commissions (6 of 8 positive)
+1050 after commissions (6 of 8 positive)
Top 3 Symbols: TDW, LNY, SPF
Bottom 3 Symbols: APA, IGT, BJS
The market definitely feels strong, as I have not had a winning bullet in quite some time. Hopefully the bulls will break through, a new bull market will be the greatest thing that can ever happen to our careers.
Pre-Market: Credit service upgrades, improved oil price.
9:30: Not the greatest day for my open orders. Got filled on GE short and out for 8 cents loss. Got filled on JPM short and lost 6 cents. Got filled on TXN long and lost 15 cents. Got filled on LOW long and lost 25 cents. Fortunately I had two decent winners in MU and MWD which greatly reduced the damage. Got 35 cents from MU and 25 cents from MWD (wish I held MWD a little longer). This is a HIGH CHURN strategy for sure, a good warm up exercise but I have a feeling it will lose a lot of its effectiveness if the market momentum returns (that said, I need something that will combat choppy opens, as on high momentum opens I do very well anyway).
9:42: I could not catch some of the credit services that opened late in time, and oils for that matter, a little too involved with LOW and did not switch to my primary game plan fast enough. Went long DYN and churned a lot of him and EP today (did score $100 something after commissions on EP). Bulleted DNA on BTK sell-off and churned a lot of him too (lost $100 after bullet costs).
10:20: Choppy market and stayed light, huge airline rally and I stopped out of CAL for flat. Tried CY but got out for flat.
10:40: Got MDC/SPF for home builder rally, got 30 cents a piece and churned some chemicals (EMN/FMC). I was up $200 something.
11:20: Churned some EOG. Took 200 share BZH and lost 70 cents, those 1 point shake out's are too painful. Had LEN but he was weak and I churned into a $100 deficit.
1:00: Home builder run up, loaded up on KBH, LEN, MDC, SPF, TOL, had DNA on BTK rally but the stock was incredibly weak. Churned EP/APA, but thanks to the nice futures run up I managed to be up as much as $750 at one point. Then everything came in and after I realize the profits and get spreaded on fills I was up just $500, but I will take it.
Team Stats:
8 of 9 active traders
80300 shares each way on 36 of 68 shooting (53%)
+2817 before commissions (6 of 8 positive)
+1050 after commissions (6 of 8 positive)
Top 3 Symbols: TDW, LNY, SPF
Bottom 3 Symbols: APA, IGT, BJS
Rigel,
Europe is the right direction, alright (for some of us, the lucky ones,) but you may be looking way too far north, imo. To find true fulfillment and unparalleled excitement, come down to the warmer (hotter) part of the old continent, and try Greece, Italy, Spain, southern France - even our neighbors in Israel. I am very fortunate I did...
Personally, I have given up on American and European women... too many testosterone overloaded experiences... I do not hesitate in recommending Oriental women, especially the glorious Chinese women of Hong Kong and the wonderfully feminine females of Thailand... not only do you get a remarkably exquisite sampling of blissful femininity, but you also get a plethora of non-bland cuisine as part of the deal; since, invariably, the women of the Orient are geniuses in the kitchen...