Weinstein Trading and Fading

Quote from NoDoji:

Bob, I'm pleased to see you got that new Ritalin Rx finally filled :p

LOL funny. wow what a lot of stocks being traded in one day. I spent the whole weekend in my office setting up and adjusting and upgrading computers / monitors so that I could be less stressed out when trading more than one stock
 
Starting to finally warm up above super total artic weather and we are seeing some snow melt.

At the same time my trading is doing well. I had a few trades today but none of them were in my opening watch list. I also spent much of the day looking for a hotel deal for the upcoming Traders Expo in NYC.

It was nice to see that GE was up double digits today. The Put options that I am short went from very negative to just a little bit negative. This so called rescue plan that will send the USA into the debt abyss may help boost the stocks for a short period but I have my doubts that it will change the mindset and or the markets for any real length of time.

I traded a lot of shares today and expect I will hit my 300K monthly requirement to get my commissions lower pretty soon.

HIG gapped up strongly today and I traded it for much of the morning. + 1385

SOHU was a quick trade. + 105

PNC closed 2 of 6 PNC 12.5 Feb Puts for a nickel each. + 144

NFX + 62

MOS H, + 443

IPI H, + 530

FNF 6b, h, + 249

+ 2921 Day / Week
 
I am fighting off a cold so I spent a large amount of time dealing with that last night. cold meds and facial tissue was a valuable commodity all night.

So it may go without saying that it was not easy to get up and get going when the alarm clock went off.

I made it into the office a little bit earlier than normal which is nice as trading is stressful enough without unnecessary stress added.

AFG gapped up in a very strong over the top way and I became very aggressive in capturing as much of the anticipated move down as I could. I Sold on the bid and kept pressure on with the ask. When it recovered and moved back up I faded it again. + 2836

PPDI Discrectionary, + 551

UBS Discrectionary, + 68

EXPD Discrectionary + 564

+ 4019 Day
 
Day three of fighting off my cold and I can’t really say that I am feeling any better. At least my trading is going well.

I set another daily record for gains in 2009.

MVSN discretionary gap. + 1583

FIS discretionary gap, +764

DVA H,+ 1228

Added liquidity:

BGC + 101

SVR +237

AU + 366

+ 4283 Day

+ 11223 Week

+ 21298 Month

54200 Shares

287426 shares / Mth
 

Attachments

I traded CMG in after hours and made enough to buy dinner for myself a a few friends at the Mexican grill.

This makes todays record a little bit better.



Closed out CMG in after hours trading + 202

new totals

+ 4486 Day

+ 11425 Week

+ 21500 Month

55000 Shares

288226 shares Month
 
It appears the hot streak is not to be ended today.

Most of today was just adding liquidity but I did have one very strong signal today and it turned out good. I say good and not great because I had a chance to really put on a lot of size and go way over the top but I wanted to maintain a tight risk control with it. I also started to exit a little early with some of the size so that my risk was lower thinking I could scalp some near the top. LIFE did not give me the chance. Once it started falling it went straight to my exit. It was my best trade of the day though.

Today’s trading turned into another record day.

LIFE H, 6B, + 1852

The rest was mostly just adding liquidity and fading the opening gaps

BWA + 368

JAH + 1027

RE + 143

TDC + 845

WSH + 511

+ 4748 Day

+ 16173 Week

+ 26248 Month
 

Attachments

update for today, I closed out WSH in afterhours. Here are the new numbers

It appears the hot streak is not to be ended today.

Most of today was just adding liquidity but I did have one very strong signal today and it turned out good. I say good and not great because I had a chance to really put on a lot of size and go way over the top but I wanted to maintain a tight risk control with it. I also started to exit a little early with some of the size so that my risk was lower thinking I could scalp some near the top. LIFE did not give me the chance. Once it started falling it went straight to my exit. It was my best trade of the day though.

Today’s trading turned into another record day.

LIFE H, 6B, + 1852

The rest was mostly just adding liquidity and fading the opening gaps

BWA + 368

JAH + 1027

RE + 143

TDC + 845

WSH + 577

+ 4814 Day

+ 16239 Week

+ 26314 Month

63200 shares

351426 shares / Mth (perhaps an error in this number as IB is reporting that commissions have not gone down yet)
 
Quote from Robert Weinstein:


LIFE H, 6B, + 1852

The rest was mostly just adding liquidity and fading the opening gaps

BWA + 368

JAH + 1027

RE + 143

TDC + 845

WSH + 577


Bob,

RE: your exemplary day!

JAH, I see that LIFE was especially good to you today, and I WSH you the very best of trading tomorrow!

BWA (Best Wishes Always),

NoD

P.S. I have no idea what to do with TDC :p
 
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