The treacherous path to $200k a year

Previous trade, stopped @ breakeven , Just remembered I was executed @ 1552, not 1551.50 that was just the bid price, oh well.

I'm looking to short some stocks soon.
The time will come when the time comes.

I also figured out a very unique method of shorting a stock today.
Best type of entries around, Instant profitability :)
 
uninvited,
I actually find you quite hilarious now, Keep up the good work!

Tomorrow is Mission day #4

OIH
BEBE
SLB


Head hunting, better watch out for their heads.

S
C RATC
H
 
Hello,
I am not dead.
I didn't get sucked into any longs as well today because it never sat above opening price.

I haven't done one trade since my last post, why?
because I couldn't get into my position with the lowest risk 5-10 cents, So I had to ask myself, well if you can't get in at the most important times, how exactly are you going to get in when it reallly counts. And most of the times, I can pick stocks that are 1 or 2 days before a huge drop or rally.

So For the past 2-3 days I've been researching some more on entries on the downside and I have backtested and tested it today as well, and figured it out with great accuracy.

I think its a pretty good edge, almost insanely good now that I think about it.

I will be on the prowl , I hope to get some real time trades out,

I only trade when I'm very confident of the trade, and usually I put on a nice size on it, but whenever I Trade 500-1000 lot shares before, I usually lose money, so I don't do that anymore

Its 100% confident or don't trade at all, and I make a lot more money like this with less stops outs.

S
CR A T C
H
 
100% confidence or 100% confirmation cant exist, there are too many variables and too many uncertainties. All you can really hope for is taking the high probability setups and hopefully they follow through. Over time, taking those high probability setups will win more times than not. Its impossible to avoid losses, they come with the territory.

Usually, I have found anyways, when the trade sets up too perfectly, when it looks like a sure thing, thats the time to cover and go the other way.
 
I've been thinking/analyzing about my complete system

I trade close to automated if you people did not know

Everything is down to a science, not intution science from trading experience.

I was thinking hard of what I mentioned on the board this weekend which is why I love posting, it makes me think, I think I have another light bulb.

While this may seem insignificant to most, I believe Every light bulb that pops in my head is even more brighter then the previous halogen I use to have. I may be extremely confident, but I also know there is more to improve.

Things such as, whats the buyers motivation, whats the sellers motivation

As in real estate terms, How "motivated" is the seller or buyer. How can I find out how motivated he is.

why is he motivated.
I believe I had the answer before, I improved my idea/solution to before, and even one upped it.

Lets see it in action this week,

I am ready to go long or short

$INDU 10193 short
$COMPQ 2091 long

No, that is not my system, just simple high low :D

APC
ADSK
 
No signals on my two targets.
ADSK - I believe this target was not as good as I thought it would be, I will modify my system a bit in general.


Stalking APC still, Understand MR. APC, I will hunt you down and ride you the whole way.
 
SHORT apc 91.29 stop 91.33

RIDE OR DIE!

UPDATE: NEW STOP 91.25 tenetatively 1:03 PM

UPDATE: Was stopped out, re-entered on 91.26 I'm still short.

UPDATE: Stops will be tighter, APC not acting right.

UPDATE: Covered 91.23 , No more tests, this stock is not acting right at the moment. I will resume tomorrow. I don't care if the stock falls lower then what it is now, the lower the better :)

The risk model is not the same as before.
 
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