Taking 410K to 4million by Year End 2010

[FirstDegree]

NoDoji,

Your Account > Edit Options > 40 Posts Per Page.



I had to switch mine back to 10/page to find the graph. haha

I have to say that is pretty impressive!

 

[Red_Ink_inc]

Quote from retaildaytrader:

I wanted to come on here to report Neke has been wiped out, he has left the building. There were a few options trades that went bad. Neke is no more...

Interesting choice of words, 'wanted' as opposed to regret.

Most option positions aren't 'wiped out' on the 4th Friday of the month.

 

[~~~]

Quote from neke:

I think I indeed need some Bahamas cooling off.

on 06-14-10 you sounded so stressed down 39k on 06-12.. you said you needed a shower but i said Nope.. you need to go to a remote beautiful island and off your ipone .. relax and come back refresh ..

Good finally you are thinking of going for a vacation...Have a Great Trip!

 

[neke]

Weekly Update for week 29/50 ended 07/31/2010

Light week of trading, down 3K(1.3%).

Made 8 automated trades Mon, Tue, Wed as I was involved in an allday workshop, and was having +1.2K to show. Made one discretionary trade on Wednesday afternoon fading the SPY move and that was a loss that wiped out the automated gains and more. Turned off my automation as I was on trip Thur/Fri and I didn't trust it enough to run unattended for days.

It will probably be a slow grind from here till year end as I concentrate more on improving my automation.

Opening Balance:                	228,322
Net loss for the week 		          3,032
------------------------------------------------
Net Balance:                   		225,290

Number of Trades	            	 9
Number of Profitable Trades    	    	 5


Since Inception of Thread   01/10/2010 - 07/31/2010

Opening Balance:                   	410,000
Net loss(Less Margin Interest)		184,710 (Down 45%)
------------------------------------------------
Net Balance				225,290

Number of Trades	           	915
Number of Profitable Trades        	478


BREAK-DOWN BY AUTOMATED/DISCRETIONARY

		Number    P/L           Best Gainer	Worst Loser

AUTO             8       1,191.00        1,504.70        -1,398.40      
DISCR            1      -4,188.60            0.00        -4,188.60

 

[neke]

Weekly Update for week 30/50 ended 08/07/2010

Nice week, up 18K (7.9%).

Week began badly on Monday when I shorted HUM after the earning on leverage. Lost 7K in that one. Started a nice comeback on Tuesday on both the automated and discretionary front, including gains on PCLN long/call options, and finished the week 18K higher.

Opening Balance:                	225,390
Net gain for the week 		         17,868
------------------------------------------------
Net Balance:                   		243,258

Number of Trades	            	 28
Number of Profitable Trades    	    	 17


Since Inception of Thread   01/10/2010 - 08/07/2010

Opening Balance:                   	410,000
Net loss(Less Margin Interest)		166,742 (Down 41%)
------------------------------------------------
Net Balance				243,258

Number of Trades	           	943
Number of Profitable Trades        	495


BREAK-DOWN BY AUTOMATED/DISCRETIONARY

		Number    P/L           Best Gainer	Worst Loser

AUTO            15      5,862.40        2,411.90     -2,745.80       
DISCR           13      12,106.70       8,072.00     -6,904.60      


TOP/BOTTOM DISCRETAIONARY TRADES

PCLNAUG212010270.0CALL	2010-08-04-09-43-57	2010-08-04-15-35-12	4000	53980	62140	8072	PCLN CALL
PCLN			2010-08-03-18-18-42	2010-08-04-10-30-16	300	80250	84300	4035	LONG
PPO			2010-08-05-09-40-20	2010-08-05-11-22-26	6152	167961	165246	-2746	LONG
HUM			2010-08-02-09-34-07	2010-08-02-15-18-53	15000	727482	720666	-6905	SHORT

 

[NoDoji]

Quote from neke:

Weekly Update for week 30/50 ended 08/07/2010

Nice week, up 18K (7.9%).

Week began badly on Monday when I shorted HUM after the earning on leverage. Lost 7K in that one. Started a nice comeback on Tuesday on both the automated and discretionary front, including gains on PCLN long/call options, and finished the week 18K higher.

Nice, Neke! Good to see you playing off the trend and the scrambling shorts on PCLN

 

[TGpop]

that's the style

hey; i'm considering learning more about options....but find natenberg so dense and it just doesn't sink in ! any advice on more beginner friendly books?

 

[neke]

Quote from NoDoji:

Nice, Neke! Good to see you playing off the trend and the scrambling shorts on PCLN

Yeah, that stock had monster follow on rallies all week. I wish I held for more!

 

[Picaso]

Quote from neke:

Weekly Update for week 30/50 ended 08/07/2010

Nice week, up 18K (7.9%).

Week began badly on Monday when I shorted HUM after the earning on leverage. Lost 7K in that one. Started a nice comeback on Tuesday on both the automated and discretionary front, including gains on PCLN long/call options, and finished the week 18K higher.

Congrats, Neke, good to see you keep proving the naysayers wrong.

Oh, 18K can buy a really nice vacation in Bahamas with the Miss and a new no-memory-effect battery for your trading engine - just saying

Good trading.

 

[neke]

Weekly Update for week 31/50 ended 08/14/2010

Sad week, down 23K (9.3%).

Just when I thought I have taken a step forward, now a giant step backward. Started on Monday going long HPQ amidst the early sell off. Averaged down, and the result was -11K loss. Pared the loss the remainder of the week, especially Thursday longing the market in the early sell-off. Then gave back even more on Fri buying JWN (My automated shorted the stock, when I saw it, decided againts it, and instead went long, then averaged in as it went againt me. Result -16K.

Heartbroken.

Had a glitch with my automation that took some unwanted positions at the open Tuesday (Was testing my automation the prior night, did not realise it left a bunch of open orders until the market started on Tues when some of them got filled. Glad it cost only 2K).

I need a moment of reflection.

Opening Balance:                	243,258
Net loss for the week 		         22,740
------------------------------------------------
Net Balance:                   		220,518

Number of Trades	            	 26
Number of Profitable Trades    	    	 13


Since Inception of Thread   01/10/2010 - 08/14/2010

Opening Balance:                   	410,000
Net loss(Less Margin Interest)		189,482 (Down 46%)
------------------------------------------------
Net Balance				220,518

Number of Trades	           	969
Number of Profitable Trades        	508


BREAK-DOWN BY AUTOMATED/DISCRETIONARY

		Number    P/L           Best Gainer	Worst Loser

AUTO            14      -1,988.20         635.00    	 -1,314.20      
DISCR           12     -20,752.30       6,248.60   	 -16,368.50     


TOP/BOTTOM DISCRETAIONARY TRADES

SPYAUG212010107.0CALL	2010-08-12-10-42-35	2010-08-12-15-58-18	30000	75450	82125	6249	SPY CALL
HPQ			2010-08-09-09-32-24	2010-08-09-12-12-47	18000	780539	769184	-11410	LONG
JWN			2010-08-13-09-53-28	2010-08-13-13-41-31	24000	763569	747332	-16369	LONG