puddles 2011 trade journal (formerly a 70k bet..)

<img src="http://puddles.humanfund.ca/20110217/spy.png">

<img src="http://puddles.humanfund.ca/20110217/apc.png">

<img src="http://puddles.humanfund.ca/20110217/mee.png">

<img src="http://puddles.humanfund.ca/20110217/stec.png">

9:38

LONG APC 78.02
STOP 77.81
TGT 78.44

- SPY gaps down, APC gaps down but strong open
- Tight higher low over round #
- Perfect
- out +0.45

13:58

LONG MEE 66.92
STOP 66.75
TGT 67.26

- MEE with a sharp upmove, look for cont
- out -0.20

14:30

SHORT STEC 21.54
STOP 21.64
TGT 21.34

- STEC with a sharp downmove, look for cont
- was too busy watching GMCR to see the re-entry at 3:30
- out -0.11

http://puddles.humanfund.ca/wp/2011/02/17/2011-02-17-trades/
 
Quote from puddles:

9:44

LONG CAT 104.43
104.27
TGT 104.75
More...
Nice trade. I see you put your stop at the low of the 9:40 bar. 2 questions...

1) How did you set your profit target? Did you double the risk to get to your 2:1 profit/risk strategy?

2) Why CAT? Was there something in the daily chart that got you interested? Or was it just today's strong move that got your attention?

Thanks for the great thread.

mu2pilot
 
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