traderkay's stupid paper trades

[LongShot]

Quote from traderkay:

oddiduro, thanks for constructive comments. i agree with you on both counts. i only trade classical patterns (flags, wedges, ranges, etc.) and S/R. and i am posting results no matter if they suck or not.

well i am posting here tonight to tell you you suck big time :-/

 

[traderkay]

Well, once again so far I'm satisfied with my progress/results. And by the way what kind of results would you consider to be good in SPY daytrading, Mr. BigShot?

 

[traderkay]

3 trades

1) L BE
2) L -0.09
3) L -0.11

Total = -0.2

 

[traderkay]

4 trades.

1) S BE Caught a beautiful bear flag in the morning but a nasty doji candle made me stop out at breakeven. damn it!
2) L +0.27
3) L -0.1
4) L BE

Total: +0.17

Ugly un-tradeable range since 11:15 to eod. Even the counter-trend trades were ugly. Was the volume low today or what? Ah what the hell, don't look for a reason.

 

[traderkay]

for all the crap im taking for "spinning my wheels" i like the looks of it but who knows maybe next week will be straight down.

 

[plumlazy]

Hang in there Kay,

Smooth seas never made skillful sailors.

 

[OddTrader]

Quote from traderkay:

4 trades:
S BE
L +0.27
L -0.09
L BE
Total: +0.18

What pissed me off is that I got stopped out the second long. I recognized the trend day early on, and nailed the first bull flag with my first long trade. then i tried to nail another shallow retracement but got stopped out by like 2 ticks! Chart showing that trade is attached.


so i got the whole day, and the direction right, but mis-timed entry by 2 ticks. o, well? How did I know the making of an uptrend day? When the minor reaction low after the morning upsurge held around 11:30! That was my clue.

Attachment: spy0422-2.png
This has been downloaded 27 time(s).

Well done Kay. But I'd expect you to plot a complete (from open to close) intraday chart everyday for study/comments. Just a thought.

 

[OddTrader]

Quote from traderkay:

3 trades

1) L BE
2) L -0.09
3) L -0.11

Total = -0.2

Kay, do you have a chart referring to the above trades?

 

[OddTrader]

Quote from traderkay:

4 trades.

1) S BE Caught a beautiful bear flag in the morning but a nasty doji candle made me stop out at breakeven. damn it!
2) L +0.27
3) L -0.1
4) L BE

Total: +0.17

Ugly un-tradeable range since 11:15 to eod. Even the counter-trend trades were ugly. Was the volume low today or what? Ah what the hell, don't look for a reason.

1) stop too tight?
3) why long??

 

[traderkay]

odd i try to post a full chart everyday but that just depends on how my PMS is going anyhow, the last two longs you asked about were an attempt to buy support in that lethargic range.