Weinstein Trading and Fading

Quote from Odgnut:

Weren't you short ENER at 60.68? At the time you posted today that you covered that short...ENER was around 62. How did you make over $2k profit on that position? Did you add to the position at the close on Friday that you never mentioned?
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Hello Odgnut,

Yes, I shorted more after the post of being short 20. Actually I bought some back and then shorted some more. You will see by Fridays blotter and by todays blotter that I carried over and covered 6200 shares this weekend.

Best to you

Bob
 
Quote from 1Reason:

Yes, I shorted more after the post of being short 20. Actually I bought some back and then shorted some more. You will see by Fridays blotter and by todays blotter that I carried over and covered 6200 shares this weekend.
More...

Ok...thanks for clearing that up. Took some balls to add to that position. Good job!
 
Quote from Odgnut:

Ok...thanks for clearing that up. Took some balls to add to that position. Good job!
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Thanks, cool of you to say so.

I don't normally post my day trades anymore and thats why I didn't bother to continue to post it.
 
Super Great day. Best trading profits of the year.

Closed out about half of the Covered short with STO +276

Added to the ANR short.
Now short 8 ANR @ 84.96 and
S 2 ANR Jun Calls @ 3.40

I plan to keep fading the ANR move as I believe it is short term topping out.

I had some nice day trades also

ACI + 532
XCO + 420
MEE + 835
HOC +53
HK + 533
FCL + 100

+ 4957 for the day/week/month
+ 45920 for the year
 

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Thanks for creating this journal R1. I really appreciate the effort put into it. Just to clarify, when you say:
Now short 8 ANR @ 84.96

Does it mean short 800 shares of ANR?

Thanks.

Best to your trading
 
Hello Grecha,

Thanks a lot for saying so !!

I find the journal helps me look back on my trades and improve when I look at things after the fact.

Yes, in the example 8 ANR @ 84.96 means 800 shares. also 4.96 would still mean 84.96 if I wrote it that way which i usually do in the ET chat room.

Thanks again and best of trading to you.

Bob
 
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