cal
The adventures of a new Trader
- Thread starter cashmoney69
- Start date
grow
4/12 - 4/19/07
Bought 100 CCRT @ 34.39
Sold 100 @ 36.33
Stop 33.70 stop (.69)
pt: 36.46 (2.07) cut short
profit 180.00
review:
Wanted to take some money off the table. Resistance is near, and I'm thinking about getting back in VLO...so I need to free up some cash. I cut my pt by 13 cents, so i more or less made my goal. What I like most about this trade is that my 1:3 stop method actually held up with this trade...usually the stop is too tight or pt too far away.
Bought 100 CCRT @ 34.39
Sold 100 @ 36.33
Stop 33.70 stop (.69)
pt: 36.46 (2.07) cut short
profit 180.00
review:
Wanted to take some money off the table. Resistance is near, and I'm thinking about getting back in VLO...so I need to free up some cash. I cut my pt by 13 cents, so i more or less made my goal. What I like most about this trade is that my 1:3 stop method actually held up with this trade...usually the stop is too tight or pt too far away.
4/5 - 4/20/07
Bought 40 CAT @ 67.89
sold 40 @ 71.37
stop: 64.70 (3.19)
pt: 77.46 (9.57)
profit 125.20
review:
I still like CAT even though I didn't hold to my pt 77.46. Cat gapped up two days already, and this might mean that next week is going to be mostly a correction, before going higher. Two great trades so far this week.
Bought 40 CAT @ 67.89
sold 40 @ 71.37
stop: 64.70 (3.19)
pt: 77.46 (9.57)
profit 125.20
review:
I still like CAT even though I didn't hold to my pt 77.46. Cat gapped up two days already, and this might mean that next week is going to be mostly a correction, before going higher. Two great trades so far this week.
cat weekly chart. On the CAT thread, this is the pattern I was trying to get people to see.
4/16 - 4/23/07
Added 100 to CFC @ 35.59
sold 100 @ 36.78
stop: 36.78
pt: n/a
gain 105.00
review:
got stopped out.
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4/20 - 4/23/07
long 50 VLO 65.49
sold 50 @ 67.52
stop 63.90
pt: 70.26
gain 87.50
review:
Sold because my emotions got to me...I thought that my pt of 70.2 was not realistic because the stock would have been overbought way before then, making the hold, a low probability trade. On a side note, I dont think I've ever had this many profitable trades in a row like this before
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Added 100 to CFC @ 35.59
sold 100 @ 36.78
stop: 36.78
pt: n/a
gain 105.00
review:
got stopped out.
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4/20 - 4/23/07
long 50 VLO 65.49
sold 50 @ 67.52
stop 63.90
pt: 70.26
gain 87.50
review:
Sold because my emotions got to me...I thought that my pt of 70.2 was not realistic because the stock would have been overbought way before then, making the hold, a low probability trade. On a side note, I dont think I've ever had this many profitable trades in a row like this before
.vlo
got a buy stop at 43.60 for 200 on SNDK. This is 2x the size i normally trade, so lets see what happens. I'm still long CCJ, CAT, CFC.
4/25 - 4/26/07
long 200 SNDK @ 43.80
sold 1/2 SNDK @ 45.27
stop: 42.4
profit 133.00
after hrs scalp
long 100 @ 42.42
sold 100 @ 43.15
profit 59.00
total of both: 192.00
review:
I bought SNDK after the bounce the day before. But I forgot to check for earnings, however because they reported after the bell, I thought I could hold SNDK till the close. I sold half my position near mid-day, then the rest in after hrs. The day trade I made was actually a mistake. Instead of selling 100 shares, i went long 100...but no big deal, i made a quick 60.00.
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4/13 - 4/26/07
long 100 CCJ @ 47.32
sold 100 @ 45.94
stop: 45.94
pt: 51.46
profit - 152.00
review:
Bought the bounce into the trend. I should have paid more attention to ROC, eventhough the stock was consolidating.
long 200 SNDK @ 43.80
sold 1/2 SNDK @ 45.27
stop: 42.4
profit 133.00
after hrs scalp
long 100 @ 42.42
sold 100 @ 43.15
profit 59.00
total of both: 192.00
review:
I bought SNDK after the bounce the day before. But I forgot to check for earnings, however because they reported after the bell, I thought I could hold SNDK till the close. I sold half my position near mid-day, then the rest in after hrs. The day trade I made was actually a mistake. Instead of selling 100 shares, i went long 100...but no big deal, i made a quick 60.00.
---
4/13 - 4/26/07
long 100 CCJ @ 47.32
sold 100 @ 45.94
stop: 45.94
pt: 51.46
profit - 152.00
review:
Bought the bounce into the trend. I should have paid more attention to ROC, eventhough the stock was consolidating.