The adventures of a new Trader

Sorry about your Aapl trade. But hey, at least you got some pretty good profits with quite a number of your other trades such as VLO, DNA etc and overall this year you are doing well. So since nobody has said well done lately, I thought I just mentioned it. We cannot always get every trade right, we just learn and try to improve on it and hopefully not to make the same mistakes.
 
I agree, you are doing much better. Which is to be expected as you gain more experience. The only I would do is not to move your stop. Its actually good that you still got stopped out of you apple trade. Why? If the market would have rewarded you for violating your rules ( moving stop ) it would have reinforced that behavior, which is something you dont want. Eventually it would catch up to you. Just stick to your rules, some trades work some dont.
 
1/26/07

short 80 CAH @ 71.59

Stop: 73.30
pt: 67.25

1/31/07

cover 80 CAH @ 71.63

profit - 17.20

review:

I thought this stock, like DNA was over priced, and I still do, but the market thinks otherwise. I canceled my stop and I have no regrets. Moving on. Chart not posted because theres too small a difference between the P/L.

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1/30/07

bought 100 VLO @ 53.75

stop: 52.00
pt: n/a

1/31/07

sold 100 VLO @ 53.96

profit 7.00

review:

Looking at VLO today, I feel like shit for selling it. I bought ISRG and I didnt have the funds, so I sold my vlo position to cover my negative balance, when I could have just sold my ISRG position in the first place which I did (chart not posted). :mad:

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1/31/07

bought 110 ISRG @ 99.02

stop: 97.40
pt: n/a

sold 110 ISRG @ 98.49

profit - 72.30

review:

I bought more shares than I had the money for and went 306.00 over..oops. Chart not posted for ISRG.
 
2/1/07

Bought 80 ERTS @ 50.71

Stops: 49.00
PT: 53.40

2/2/07

Sold 80 ERTS @ 53.48

profit 207.60

review:

I bought this stock as a break-out play, but I forgot to check for earnings! :eek: . I found out shortly after that they were reporting after the close ( feb 1st), and expectations were positive. I was like, what the hell, its a small 80 share position anyway with my stops at 49 (1.71 risk). I end up making 2.77 off the gap.
 

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Quote from cashmoney69:



I forgot to check for earnings! :eek: .
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It works both ways. I did the same thing with AVID.

I have to learn to pay attention:mad:
 
Monday earning reports:

LVS EPS .31
NFG EPS .63
NUAN EPS .10
GOLD EPS .14
RCL EPS .19
PMI EPS 1.19
TNB EPS .73
TZIX EPS .16

Tuesday earning reports:

AZPN EPS .16
ATW EPS .70
ADP EPS .51
AVP EPS .38
RATE EPS .24
BHE EPS .43
BOBJ EPS .56
CCJ EPS .20
CSCO EPS .31
CSC EPS .83
EXBD EPS .56
COWN EPS .28
DWSN EPS .58
DUK EPS .40
WIRE EPS . 32
IT EPS .22
GHDX EPS -.36
HB EPS .79
IIG EPS .23
IVAC EPS .70
IPAS EPS .01
LPNT EPS .62
LNC EPS 1.23
LFUS EPS .21
MPG EPS . 72
NBR EPS 1.00
NLC EPS .25
PNR EPS .32
MNI EPS .85
TZOO EPS .28
TWTR EPS .20
TYC EPS .44

....wow thats a lot.
 
I bought csco monday morning at the open because I was excited about their earnings. Later after the close, I felt bad that I violated my rule, so now I'm selling into the open tomorrow and waiting for earnings rather than jumping the gun.
 
Quote from cashmoney69:

I bought csco monday morning at the open because I was excited about their earnings. Later after the close, I felt bad that I violated my rule, so now I'm selling into the open tomorrow and waiting for earnings rather than jumping the gun.
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when did you write this ? Did you sell this morning (Tues morning) ?
 
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