NoDoji's Day Trading Log
- Thread starter NoDoji
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mapa, yes my platform completely disappeared while I had two trades on and hadn't set targets or stops. Fortunately it came back and all was well!
(And what happened to chat end of day?? Got disconnected and it never came back.)
+ $577 day
+ $3615 week
+ $6846 month
Saw my P&L light up first thing this morning and IDCC filled @ 30.30 for a $255 gain. I had that order in yesterday in case of an end of day selloff, and thought it was a Day order, but it was a GTC order. Left a bit of money on that one, but not too much.
My HOTT target of 8.27 kept being missed by a penny or two and so I covered @ 8.32 for a $150 gain.
Was about to short IDCC @ 31 when it stalled and in the time it took me to wonder âor should I wait for a test of yesterdayâs high?â it dropped .15 cents a share and continued down. Shorted on the bounce @ 30.79 because I was pleased shorting that price yesterday and it failed to test yesterdayâs high. Added to the position @ 31.00 when I read across the wire insiders were selling shares. This generally means there isnât any more great news pending, so I was quite comfortable taking a larger position for a retracement swing trade.
Shorted FFIV @ 23.41 after break thru yesterdayâs high pulled back at overbought on intraday and daily, covered @ 23.18 for a $117 gain.
Shorted BBBY @ 25.68 overbought near HOD, covered @ 25.48 for a $100 gain.
(And what happened to chat end of day?? Got disconnected and it never came back.)
+ $577 day
+ $3615 week
+ $6846 month
Saw my P&L light up first thing this morning and IDCC filled @ 30.30 for a $255 gain. I had that order in yesterday in case of an end of day selloff, and thought it was a Day order, but it was a GTC order. Left a bit of money on that one, but not too much.
My HOTT target of 8.27 kept being missed by a penny or two and so I covered @ 8.32 for a $150 gain.
Was about to short IDCC @ 31 when it stalled and in the time it took me to wonder âor should I wait for a test of yesterdayâs high?â it dropped .15 cents a share and continued down. Shorted on the bounce @ 30.79 because I was pleased shorting that price yesterday and it failed to test yesterdayâs high. Added to the position @ 31.00 when I read across the wire insiders were selling shares. This generally means there isnât any more great news pending, so I was quite comfortable taking a larger position for a retracement swing trade.
Shorted FFIV @ 23.41 after break thru yesterdayâs high pulled back at overbought on intraday and daily, covered @ 23.18 for a $117 gain.
Shorted BBBY @ 25.68 overbought near HOD, covered @ 25.48 for a $100 gain.
+ $1103
Despite some noobish, lazy trading, I made a satisfying profit today.
Always trust first intuition, which said short CECO on open and I didnât, sadly.
Watched FAZ and put on a âpaperâ long @ 54.00. Wow, let me tell you, I had BIG SIMULATED DOLLAR SIGNS in my eyes when it topped 61.00, then went on to top 65.00, but I suffer from an irrational fear that should I actually trade this one, it will run against me $4/share in 3 seconds.
IDCC had a strong opening run, which surprised me actually as I thought it would exhale today. I donât have a huge position and was very tempted to average up at the top of the run, but am being careful not to over leverage my small account. Howeverâ¦the better half was around during the end of day run up and I had him short for a fill @ 32.02 (wouldâve been 32.18, but it took him a while to open IB). Set cover target of 31.82, filled within minutes for a $400 gain. (He likes it when I do that.)
Shorted HOTT @ 8.44. Iâll set a target of 8.24 tomorrow based on todayâs lower end of pricing.
Shorted BBBY on downgrade news, and added to it twice as it moved up for an average price of 25.63, covered (way too soon) @ 25.53 for a $200 gain.
Shorted on weakness @ 25.38, covered @ 25.26 for a $114 gain.
Shorted @ 25.35 at the top of a downtrend rally. Set a trend line target of 21.15, filled for a $200 gain.
Shorted @ 25.40, from the bounce off my previous trend line target area. Although this price was a higher high than the previous high, I did not believe it had enough strength to test the HOD. Since the downtrend was broken by the slightly higher high, I covered @ 25.29 for a $111 gain when a pivot indicated a possible reversal off a higher low.
Ready to short a double position on BBBY again @ 25.27 because now it really looked weak and I thought it would test the LOD, and I made the day traderâs fatal mistake of thinking and in the time it took me to ponder a thought or two, the price dropped .20 cents a share. It climbed again and I shorted @ 25.24, with a 25.06 target a couple pennies above the previous support, filled for a $185 gain.
BBBY climbs back toward 25.20 and I set a limit there, and FFIV looks like it should hit at least 23.80, so I set a limit there. Then I grab a very quick bite to eat and I return to find Iâve missed entry by.03 cents on both, and down they went.
Shorted FFIV and had a target in place, but only got 100 shares filled before it bounced. So I added to the short for an average price of 23.69, holding this one as itâs overbought on the 30-day chart.
Today I hereby forgive BBBY for any previous damage it did by taking me out almost at the HOD last week then tanking.
I was going to post a BBBY chart with my trades, but I need to go get a birthday gift for a friend. So if you're interested what I did, take a peek at the 3-min chart today. Basically I shorted each min-rally as it trended down. In retrospect (where all trades are perfect), I'd have been better off shorting at the major 26.00 resistance and letting the thing ride most of the day. Of course that would've been boring and I would've had the added risk that my broker might go out of business without my commissions
Despite some noobish, lazy trading, I made a satisfying profit today.
Always trust first intuition, which said short CECO on open and I didnât, sadly.
Watched FAZ and put on a âpaperâ long @ 54.00. Wow, let me tell you, I had BIG SIMULATED DOLLAR SIGNS in my eyes when it topped 61.00, then went on to top 65.00, but I suffer from an irrational fear that should I actually trade this one, it will run against me $4/share in 3 seconds.
IDCC had a strong opening run, which surprised me actually as I thought it would exhale today. I donât have a huge position and was very tempted to average up at the top of the run, but am being careful not to over leverage my small account. Howeverâ¦the better half was around during the end of day run up and I had him short for a fill @ 32.02 (wouldâve been 32.18, but it took him a while to open IB). Set cover target of 31.82, filled within minutes for a $400 gain. (He likes it when I do that.)
Shorted HOTT @ 8.44. Iâll set a target of 8.24 tomorrow based on todayâs lower end of pricing.
Shorted BBBY on downgrade news, and added to it twice as it moved up for an average price of 25.63, covered (way too soon) @ 25.53 for a $200 gain.
Shorted on weakness @ 25.38, covered @ 25.26 for a $114 gain.
Shorted @ 25.35 at the top of a downtrend rally. Set a trend line target of 21.15, filled for a $200 gain.
Shorted @ 25.40, from the bounce off my previous trend line target area. Although this price was a higher high than the previous high, I did not believe it had enough strength to test the HOD. Since the downtrend was broken by the slightly higher high, I covered @ 25.29 for a $111 gain when a pivot indicated a possible reversal off a higher low.
Ready to short a double position on BBBY again @ 25.27 because now it really looked weak and I thought it would test the LOD, and I made the day traderâs fatal mistake of thinking and in the time it took me to ponder a thought or two, the price dropped .20 cents a share. It climbed again and I shorted @ 25.24, with a 25.06 target a couple pennies above the previous support, filled for a $185 gain.
BBBY climbs back toward 25.20 and I set a limit there, and FFIV looks like it should hit at least 23.80, so I set a limit there. Then I grab a very quick bite to eat and I return to find Iâve missed entry by.03 cents on both, and down they went.
Shorted FFIV and had a target in place, but only got 100 shares filled before it bounced. So I added to the short for an average price of 23.69, holding this one as itâs overbought on the 30-day chart.
Today I hereby forgive BBBY for any previous damage it did by taking me out almost at the HOD last week then tanking.
I was going to post a BBBY chart with my trades, but I need to go get a birthday gift for a friend. So if you're interested what I did, take a peek at the 3-min chart today. Basically I shorted each min-rally as it trended down. In retrospect (where all trades are perfect), I'd have been better off shorting at the major 26.00 resistance and letting the thing ride most of the day. Of course that would've been boring and I would've had the added risk that my broker might go out of business without my commissions
Heh, just looking at today's chart I said to myself "Man, I bet NoDoji's had a good trading day today"...and she sure did.
BTW, what happened to the chat? Couldn't connect either
BTW, what happened to the chat? Couldn't connect either
+ $905
Short BBBY @ 25.21 on pull back from double top. Target 25.10 filled for a $110 gain.
Covered remaining FFIV shares from yesterday @ 23.62 for a $144 gain.
Short FFIV again @ 23.51, covered @ 23.31 for a $200 gain.
Short FFIV @ 23.21 for a small move, covered @ 21.15 when it appeared oversold for a $60 gain. It bounced hard off that price and I was ready to short again on a small pull back from 23.33 and boom, it drops .20 cents, just like that before I could hit a key!
Short FFIV @ 23.28, thought briefly about covering @ 23.20 but the chart still had a weak look. It up trended from there most of the day, then consolidated forever around 23.40, so when it fell at the end of the day I covered @ 23.26 for a $22 gain rather than tie up capital with another overnight hold. That price was the bottom of the move to the penny, so the table was left bare for a change.
Added to HOTT swing short when it tested recent highs for average price of 8.60.
Wanted to short CECO around 21, but there was a good chance it might retest the HOD because it had established a higher low on the day and I didnât want to have more capital tied up overnight, so had the better half short @ 21.02, and it dropped like a stone. Covered @ 20.80 for a $440 gain based on trend line indicating a higher low, but left some serious money behind on this one.
Short small position CECO end of day @ 21.20
Short BBBY @ 25.21 on pull back from double top. Target 25.10 filled for a $110 gain.
Covered remaining FFIV shares from yesterday @ 23.62 for a $144 gain.
Short FFIV again @ 23.51, covered @ 23.31 for a $200 gain.
Short FFIV @ 23.21 for a small move, covered @ 21.15 when it appeared oversold for a $60 gain. It bounced hard off that price and I was ready to short again on a small pull back from 23.33 and boom, it drops .20 cents, just like that before I could hit a key!
Short FFIV @ 23.28, thought briefly about covering @ 23.20 but the chart still had a weak look. It up trended from there most of the day, then consolidated forever around 23.40, so when it fell at the end of the day I covered @ 23.26 for a $22 gain rather than tie up capital with another overnight hold. That price was the bottom of the move to the penny, so the table was left bare for a change.
Added to HOTT swing short when it tested recent highs for average price of 8.60.
Wanted to short CECO around 21, but there was a good chance it might retest the HOD because it had established a higher low on the day and I didnât want to have more capital tied up overnight, so had the better half short @ 21.02, and it dropped like a stone. Covered @ 20.80 for a $440 gain based on trend line indicating a higher low, but left some serious money behind on this one.
Short small position CECO end of day @ 21.20
I like your results. Keep it up. Please 
I'll join you in the new chat room on Thursday.
I'll join you in the new chat room on Thursday.
+ $512
Short FFIV @ 23.89, target @ 23.67 (just above closing price of dayâs opening bar, from which it had bounced hard), 800/1000 filled, bounced again, and later pulled back to complete the fill for a $220 gain. I noticed later there was another strong short opportunity when FFIV attempted to rally off the 23.66 floor and bumped its head against the 8- and 20-period SMAs on the 3-min chart. Nice drop when it failed to break thru there (see chart).
Covered yesterdayâs small CECO short on pivot off oversold @ 20.94 for a $130 gain.
Short BBBY @ 25.37 pull back from overbought run up. Trend line target of 25.26 filled for $105 gain.
Short BBBY @ 25.30 as it rose to retest the HOD, cover target of 25.10 based on expectation of lower low on next pull back. It consolidated around 23.40 just under the HOD for a long time, then broke out with the market. I was busy playing with FFIV and sadly missed shorting more BBBY. It dropped below my entry price near the end of day, but decided to hold for a better target.
Short FFIV @ 23.81, target of 23.67. Spiked down to within a penny, then spiked up to 23.94, then dropped like a rock, came within a penny again. It, and the market, was all over the place. Changed target to 23.70 hoping to catch a fill this time, which finally did a piece at a time for a $110 gain. Never saw FFIV move in chunks like that!
IDCC keeps establishing slightly higher support. This is the down side to shorting stocks hitting 52-week highs: No one is in any real pain, so a selloff generally doesnât occur until the news and the upgrades from analysts who are long the stock fizzles and shareholders finally decide to take profits. (Yes, itâs true, an analyst who is long IDCC upgraded them last week; I want that job!) Two more insiders sold off chunks of the stock today, so Iâm holding tight on the assumption there is no more big news about to break.
Short FFIV @ 23.89, target @ 23.67 (just above closing price of dayâs opening bar, from which it had bounced hard), 800/1000 filled, bounced again, and later pulled back to complete the fill for a $220 gain. I noticed later there was another strong short opportunity when FFIV attempted to rally off the 23.66 floor and bumped its head against the 8- and 20-period SMAs on the 3-min chart. Nice drop when it failed to break thru there (see chart).
Covered yesterdayâs small CECO short on pivot off oversold @ 20.94 for a $130 gain.
Short BBBY @ 25.37 pull back from overbought run up. Trend line target of 25.26 filled for $105 gain.
Short BBBY @ 25.30 as it rose to retest the HOD, cover target of 25.10 based on expectation of lower low on next pull back. It consolidated around 23.40 just under the HOD for a long time, then broke out with the market. I was busy playing with FFIV and sadly missed shorting more BBBY. It dropped below my entry price near the end of day, but decided to hold for a better target.
Short FFIV @ 23.81, target of 23.67. Spiked down to within a penny, then spiked up to 23.94, then dropped like a rock, came within a penny again. It, and the market, was all over the place. Changed target to 23.70 hoping to catch a fill this time, which finally did a piece at a time for a $110 gain. Never saw FFIV move in chunks like that!
IDCC keeps establishing slightly higher support. This is the down side to shorting stocks hitting 52-week highs: No one is in any real pain, so a selloff generally doesnât occur until the news and the upgrades from analysts who are long the stock fizzles and shareholders finally decide to take profits. (Yes, itâs true, an analyst who is long IDCC upgraded them last week; I want that job!) Two more insiders sold off chunks of the stock today, so Iâm holding tight on the assumption there is no more big news about to break.
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