Taking 320K to 3.5million by Year End 2009

Status
Not open for further replies.
Weekly Update for week 28/50 ended 07/25/2009

Another good. Up 34K (12%). I guess confidence begets confidence

Made a record number of trades for one week (52), as earnings season brought a plethora of automated trades/alerts.

Rode the momentum in the market using stocks and options, the biggest gains being on Thursday and Friday on SPY call options. Made some money also on ISRG calls after its earnings, leaving a bunch on the table. Lost 7K on POT call on Thursday: thought I could just go long anything and make money, but was too late to the party there.

Extremely pleased my automated trades are coming up nicely. Made 12.5k from 25 trades there.

Looking forward to next week.


Code:
Opening Balance:               	    	272,189
Net gain for the week 		         34,158
------------------------------------------------
Net Balance:                   		306,347

Number of Trades	            	 52
Number of Profitable Trades    	    	 38


Since Inception of Thread   01/10/2009 - 07/25/2009

Opening Balance:                   	320,064
Net loss (Less Margin Interest)		-13,717	(Down 4.3%)
------------------------------------------------
Net Balance				272,189

Number of Trades	           	697
Number of Profitable Trades        	432


TICKER	ENTRY DATE/TIME		EXIT DATE/TIME		QTY	PURCHASE AMT	SOLD AMT	GAIN/LOSS	TYPE

SWGHS	2009-07-23-10-13-53	2009-07-23-15-51-11	20000	44200		55200		10685		SPY CALL
SBUX	2009-07-22-10-33-31	2009-07-22-15-20-22	20000	336949		344395		7410		LONG
AXVHI	2009-07-23-10-12-31	2009-07-23-10-16-25	5000	60000		67500		7409		ISRG CALL
SWGHS	2009-07-24-09-36-16	2009-07-24-13-31-14	30000	73634		81300		7193		SPY CALL
---------------------------------------------------------
BIDU	2009-07-20-09-41-14	2009-07-20-10-59-13	2000	657452		653163		-4327		SHORT
WFC	2009-07-22-09-31-53	2009-07-22-10-25-47	20000	480800		475714		-5133		SHORT
SNDK	2009-07-23-10-30-39	2009-07-23-13-23-29	30000	504442		497728		-6775		SHORT
PYPHT	2009-07-23-13-27-22	2009-07-23-15-39-23	10000	43860		37000		-7025		POT CALL

attachment.php
 

Attachments

Good work, neke.

You do need to rectify the Net Balance, though. :)

Quote from neke:

Opening Balance: 320,064
Net loss (Less Margin Interest) -13,717 (Down 4.3%)
------------------------------------------------
Net Balance 272,189
 
Monster comeback Neke, I know how rough on the mindset those DDs can be. Frankly I was skeptical of you and the risk you take but now I can see how you operate. You've found the optimal amount of risk you can stomach. Just be careful not to overstep, it can be devastating to a trading career.
 
Quote from cashmoney69:

good job neke! seems your system works nice in a bull market. you need to now find a way to hedge your positions in bear markets.

Cash, he's day trading. The way to hedge when day trading is to avoid averaging down (except with an advance plan to scale into a full size position with max loss determined in advance) and to use stops, IMHO.

Neke, great comeback! Good to see the winners up, and the losers cut off.
 
Quote from neke:




Code:
Opening Balance:               	    	272,189
Net gain for the week 		         34,158
------------------------------------------------
Net Balance:                   		306,347

Number of Trades	            	 52
Number of Profitable Trades    	    	 38


Since Inception of Thread   01/10/2009 - 07/25/2009

Opening Balance:                   	320,064
Net loss (Less Margin Interest)		-13,717	(Down 4.3%)
------------------------------------------------
Net Balance				272,189

Number of Trades	           	697
Number of Profitable Trades        	432

Is it just me or is there a problem with the spreadsheet you are using for this dsplay?
 
Quote from cstfx:

Is it just me or is there a problem with the spreadsheet you are using for this dsplay?

Not sure what you are seeing, but the net balance is 306,347, not the balance from prior week. I update a text file, not a spreadsheet.
 
Status
Not open for further replies.
Back
Top