nice work seanote.where are the bashers now?
Trading Journal - July
- Thread starter Seanote
- Start date
I just removed my BUY STOP..... When you see charts that ugly over a period of time (6 months).... there's usually a reason that the general public doesn't know and won't know until something like today is released. Top insiders knew what direction forecasts and revenues where heading for months ago. They begin selling small lots and then the news slowly leaks until too many analysts and hedge fund managers get wind of this. That's when the company's PR department throws up their hands and decides to release the news to the AP.
My P&L has increased % wise quite a bit since I stopped posting. It's seems pointless for me to post a number now since none of you have seen my trades for the last 3 months. This has been my best year since I started trading though.
Seanote,
Congratulations. How would you estimate your profits break down between day trades, swing plays, longer term plays, and futures?
Congratulations. How would you estimate your profits break down between day trades, swing plays, longer term plays, and futures?
Thank you.
Daytrades: 10% of overall Profits
Swing (1-10 days): 20%
Long Term (2 weeks - 3 months): 40%
Futures: 30%
It has been mcuh more difficult for me to make money DT. The main reason I've done so well this year is because I've been able to predict "market sentiment" and trade the trends.
Probably won't forget it,wrote it in a trading book anyway.''Bear market trend and tradeable rallies''- Rich Bernstein quote[ I wrote it in the book The Market Makers Edge] Wonder if October will be a ''bear killer''?????
Gold stocks [dividends] look flat this week;guess most noticed they tend to trend sloppy.May or may not get a huge spike in those stocks like in the 1980's. Still looks good to me in IRA.
______________________________
Here are my favorite quotes but not necessarily the best of John Henry[Helps me stay in a day trade longer sometimes]
[1]''Stocks''
[2]''You call it luck but what I call it is a small sample''8/10/2002 The Boston Globe
[3]''Stocks''
Gold stocks [dividends] look flat this week;guess most noticed they tend to trend sloppy.May or may not get a huge spike in those stocks like in the 1980's. Still looks good to me in IRA.
______________________________
Here are my favorite quotes but not necessarily the best of John Henry[Helps me stay in a day trade longer sometimes]
[1]''Stocks''
[2]''You call it luck but what I call it is a small sample''8/10/2002 The Boston Globe
[3]''Stocks''