You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
puddles 2011 trade journal (formerly a 70k bet..)
- Thread starter puddles
- Start date
Quote from mu2pilot:
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
1. exactly
2. CAT was on my daily long watch list due to a strong daily pattern. I noted it's gap up and how it held at it's highs while SPY was selling. I kept an eye for it to give me an entry on a higher low idealy at the same time as a SPY reversal bar. I was quite happy with this trade, possibly a 10 out of 10 if i were to rate it.
I had a great RTM trade this morning on WIN that was so nice I pretty much am ending my week on it. (i don't post my RTM trades)
heading out for lunch, summary to follow tonight. thank you for your comments.
Thanks, Puddles. Great stuff.Quote from puddles:
1. exactly
2. CAT was on my daily long watch list due to a strong daily pattern. I noted it's gap up and how it held at it's highs while SPY was selling. I kept an eye for it to give me an entry on a higher low idealy at the same time as a SPY reversal bar. I was quite happy with this trade, possibly a 10 out of 10 if i were to rate it.
I had a great RTM trade this morning on WIN that was so nice I pretty much am ending my week on it. (i don't post my RTM trades)
heading out for lunch, summary to follow tonight. thank you for your comments.
<img src="http://puddles.humanfund.ca/20110218/spy.png">
<img src="http://puddles.humanfund.ca/20110218/cat.png">
<img src="http://puddles.humanfund.ca/20110218/celg.png">
<img src="http://puddles.humanfund.ca/20110218/gmcr.png">
<img src="http://puddles.humanfund.ca/20110218/chkp.png">
9:44
LONG CAT 104.43
STOP 104.27
TGT 104.75
- CAT on daily long watch
- very strong open
- tight higher low just as SPY looks like it's going to reverse
- out +0.26 (should have been 0.32, platform issue)
10:22
LONG CELG 53.77
STOP 53.70
TGT 53.94
- Big move up from 10am
- Tight trangle at the highs
- out +0.16
10:31
LONG CELG 54.13
STOP 53.99
TGT 54.43
- To be honest I don't even see where I got this setup from
- Trying to catch the big CELG momentum, gave back half my prior trade.
- out -0.14
10:53
LONG GMCR 42.04
STOP 41.91
TGT 42.3
- Strong open (despite a bad yesterday)
- Long the range break
- was a head fake
- out -0.13
10:56
LONG CHKP 51.1
STOP 50.99
TGT 51.35
- CHKP on daily long watch
- Not exactly sure wehre I got this entry/stop from, might have had my charting on the wrong time frame
- Regardless i liked the break of 51.00
- Took 3-4 breaks of this level to follow through
- out -0.13
5-14 week, 19-29 month..
http://puddles.humanfund.ca/wp/2011/02/18/2011-02-18-trades/
<img src="http://puddles.humanfund.ca/20110218/cat.png">
<img src="http://puddles.humanfund.ca/20110218/celg.png">
<img src="http://puddles.humanfund.ca/20110218/gmcr.png">
<img src="http://puddles.humanfund.ca/20110218/chkp.png">
9:44
LONG CAT 104.43
STOP 104.27
TGT 104.75
- CAT on daily long watch
- very strong open
- tight higher low just as SPY looks like it's going to reverse
- out +0.26 (should have been 0.32, platform issue)
10:22
LONG CELG 53.77
STOP 53.70
TGT 53.94
- Big move up from 10am
- Tight trangle at the highs
- out +0.16
10:31
LONG CELG 54.13
STOP 53.99
TGT 54.43
- To be honest I don't even see where I got this setup from
- Trying to catch the big CELG momentum, gave back half my prior trade.
- out -0.14
10:53
LONG GMCR 42.04
STOP 41.91
TGT 42.3
- Strong open (despite a bad yesterday)
- Long the range break
- was a head fake
- out -0.13
10:56
LONG CHKP 51.1
STOP 50.99
TGT 51.35
- CHKP on daily long watch
- Not exactly sure wehre I got this entry/stop from, might have had my charting on the wrong time frame
- Regardless i liked the break of 51.00
- Took 3-4 breaks of this level to follow through
- out -0.13
5-14 week, 19-29 month..
http://puddles.humanfund.ca/wp/2011/02/18/2011-02-18-trades/
<img src="http://puddles.humanfund.ca/20110222/spy.png">
<img src="http://puddles.humanfund.ca/20110222/mon.png">
<img src="http://puddles.humanfund.ca/20110222/stec.png">
<img src="http://puddles.humanfund.ca/20110222/sndk.png">
10:16
LONG MON 73.2
STOP 72.94
TGT 73.72
- Whole market in the dumps
- MON goes green in a hurry
- Buy over the bar even though I have a TD9 fade signal on it.. dumb
- out -0.29
10:35
LONG STEC 22.05
STOP 21.87
TGT 22.41
- STEC strong from the open
- Tight higher low at round #
- out +0.34
15:23
SHORT SNDK 48.99
STOP STOP 49.11
TGT 48.75
- Whole market weak
- SNDK broke off hard after 3pm with SPY
- SPY puts in a little bounce bar, SNDK doesn't
- short under round #
- out +0.24
http://puddles.humanfund.ca/wp/2011/02/22/2011-02-22-trades/
<img src="http://puddles.humanfund.ca/20110222/mon.png">
<img src="http://puddles.humanfund.ca/20110222/stec.png">
<img src="http://puddles.humanfund.ca/20110222/sndk.png">
10:16
LONG MON 73.2
STOP 72.94
TGT 73.72
- Whole market in the dumps
- MON goes green in a hurry
- Buy over the bar even though I have a TD9 fade signal on it.. dumb
- out -0.29
10:35
LONG STEC 22.05
STOP 21.87
TGT 22.41
- STEC strong from the open
- Tight higher low at round #
- out +0.34
15:23
SHORT SNDK 48.99
STOP STOP 49.11
TGT 48.75
- Whole market weak
- SNDK broke off hard after 3pm with SPY
- SPY puts in a little bounce bar, SNDK doesn't
- short under round #
- out +0.24
http://puddles.humanfund.ca/wp/2011/02/22/2011-02-22-trades/
<img src="http://puddles.humanfund.ca/20110223/spy.png">
<img src="http://puddles.humanfund.ca/20110223/v.png">
<img src="http://puddles.humanfund.ca/20110223/apc.png">
<img src="http://puddles.humanfund.ca/20110223/chs.png">
<img src="http://puddles.humanfund.ca/20110223/aem.png">
Missed all the fun this morning due to other commitments..
12:52
SHORT V 72.99
STOP V 73.1
TGT 72.77
- SPY wants to retrace off lows after noon
- V continues it's drift lower
- Short the break of the round #
- out b/e (2c from tgt)
12:56
LONG APC 79.64
STOP 79.49
TGT 79.91
- APC green on a very weak day
- Tight higher low
- Stop way too tight, spread was 3-5c at this time
- out -0.14
14:33
LONG CHS 13.02
STOP 12.94
TGT 13.18
- CHS makes some big power move after 2pm
- nic makes me go long
- out -0.09 (damn nic)
LONG AEM 71.80
STOP 71.70
TGT 72.00
- Really strong stock on a weak day
- Nice tight flag after a strong up move
- out +0.2
http://puddles.humanfund.ca/wp/2011/02/23/2011-02-23-trades/
<img src="http://puddles.humanfund.ca/20110223/v.png">
<img src="http://puddles.humanfund.ca/20110223/apc.png">
<img src="http://puddles.humanfund.ca/20110223/chs.png">
<img src="http://puddles.humanfund.ca/20110223/aem.png">
Missed all the fun this morning due to other commitments..
12:52
SHORT V 72.99
STOP V 73.1
TGT 72.77
- SPY wants to retrace off lows after noon
- V continues it's drift lower
- Short the break of the round #
- out b/e (2c from tgt)
12:56
LONG APC 79.64
STOP 79.49
TGT 79.91
- APC green on a very weak day
- Tight higher low
- Stop way too tight, spread was 3-5c at this time
- out -0.14
14:33
LONG CHS 13.02
STOP 12.94
TGT 13.18
- CHS makes some big power move after 2pm
- nic makes me go long
- out -0.09 (damn nic)
LONG AEM 71.80
STOP 71.70
TGT 72.00
- Really strong stock on a weak day
- Nice tight flag after a strong up move
- out +0.2
http://puddles.humanfund.ca/wp/2011/02/23/2011-02-23-trades/