Hello 7rader,
Thanks for the kind words.
I been working on some new setups and as you can see its not going so to start but I do have faith that I am growing as a result.
Thanks and best to you
RW
Weinstein Trading and Fading
- Thread starter Robert Weinstein
- Start date
Hello 7rader,
Thanks for the kind words.
I been working on some new setups and as you can see its not going so to start but I do have faith that I am growing as a result.
Thanks and best to you
RW
It was another punishing day of being short MW
MW managed to move higher again today. I did trade it back and forth which accounts for the booked loss and also raised my cost basis. I covered more than I shorted by about 5k shares as I lowered the risk in this trade. IB at one point was stating that they did not have shares available to short MW. This lasted for about half an hour but did not effect me as I did not want to short during that period. Today marks the fifth day in a row higher and its higher by over 40 % from the open four days ago. Before this trade I felt like I would end the month positive but that goal appears to be fading away. - 4297
I did have some good trades today.
I closed out AU in pre-market trading. + 110
SGP, H, B6+(late), This was closed early as to get out before the close. + 136
PALM, news, discretionary, scalp, + 25
CTRP B6, H +2172
- 4297 Day
-1744 Week
- 18661 Month
~ 26K shares
MW managed to move higher again today. I did trade it back and forth which accounts for the booked loss and also raised my cost basis. I covered more than I shorted by about 5k shares as I lowered the risk in this trade. IB at one point was stating that they did not have shares available to short MW. This lasted for about half an hour but did not effect me as I did not want to short during that period. Today marks the fifth day in a row higher and its higher by over 40 % from the open four days ago. Before this trade I felt like I would end the month positive but that goal appears to be fading away. - 4297
I did have some good trades today.
I closed out AU in pre-market trading. + 110
SGP, H, B6+(late), This was closed early as to get out before the close. + 136
PALM, news, discretionary, scalp, + 25
CTRP B6, H +2172
- 4297 Day
-1744 Week
- 18661 Month
~ 26K shares
Correction in MW. the result is - 6742
I woke up this morning with 104 temp and that was not the worst thing today
I did have a small gain yesterday actually. About $35 as I only had one small trade as I was driving home.
I came back from spring break weekend at a waterpark. I guess it wasnt that great for me as I started to feel bad last night and was feeling like total crap by the time I was supposed to be in the office.
MW a stock that I should not be short moved up against me and Idid the best I could to trade out of it but it was not going to happen as it kept moving to far against me. Another lesson learned about new setups.One good thing is I expect to be posting gains for a while. - 22240
I did have some small gains but the market was so strong today I brought my profit targets in. My screener was lit up at either a record number of stocks to trade or very close to it.
JCG H, B6, + 168
JACK H, B6, +188
GES H, B6, +183
- 21699 Day
- 22936 Week
- 41597 Month
~ 33K
I did have a small gain yesterday actually. About $35 as I only had one small trade as I was driving home.
I came back from spring break weekend at a waterpark. I guess it wasnt that great for me as I started to feel bad last night and was feeling like total crap by the time I was supposed to be in the office.
MW a stock that I should not be short moved up against me and Idid the best I could to trade out of it but it was not going to happen as it kept moving to far against me. Another lesson learned about new setups.One good thing is I expect to be posting gains for a while. - 22240
I did have some small gains but the market was so strong today I brought my profit targets in. My screener was lit up at either a record number of stocks to trade or very close to it.
JCG H, B6, + 168
JACK H, B6, +188
GES H, B6, +183
- 21699 Day
- 22936 Week
- 41597 Month
~ 33K
Tough mth for me too.
Stay strong.
Stay strong.
It was very difficult to come into the office today as I feel worse today than I did yesterday.
Trading and even this blog entry is a chore as I feel horrible. I would have just a soon stayed home but seeing premarket action I really thought some stocks would end up over bought and I was not let down. I was getting so many signals that I shut down the weaker signal generator so I could focus on the best trades.
RS H, B6, + 208
CTAS B6, H, + 1060
BVN H, B6, + 48 (exited early)
BKS H, B6, + 1048
FOSL B6, H, + 242
+ 2609 Day
Trading and even this blog entry is a chore as I feel horrible. I would have just a soon stayed home but seeing premarket action I really thought some stocks would end up over bought and I was not let down. I was getting so many signals that I shut down the weaker signal generator so I could focus on the best trades.
RS H, B6, + 208
CTAS B6, H, + 1060
BVN H, B6, + 48 (exited early)
BKS H, B6, + 1048
FOSL B6, H, + 242
+ 2609 Day
Quote from MohdSalleh:
Tough mth for me too.
Stay strong.
Hello MohdSalleh,
Thanks for taking the time to post and your well wishes.
I wish you the best as well and I hope that you turn it around as well.
Thank you.
Bob
Thanks ChaosNSX,
Nice of you to say so.
I did learn from LEH and I am learning from MW now (both were non rule based trades)
I actually did make a new account high water mark after getting kicked by LEH in FEB but some of my discretionary trades have been a problem.
Best to you.
RW