Weinstein Trading and Fading

As I write this I am trading RIMM in AH trading

Its been a while since I made a post and I am hoping that I will be able to continue with atleast something every day again.

RIMM fell off the cliff after earnings came out and I waited for the panice to ease and then I started buying but in very small size. I did pretty well and it added to what was already a good day and the best day of the week (every day this week has been profitable actually)
RIMM + 299

I found an error in my programming with some changes in my code for my scanner so I believe I have missed out on some trades this week but it also meant that I was able to make some improvements and so I think I broke about even on that deal.

I don’t normally trade IPOs but found some value in trading AONE to the long side. I kept the size small and only took part in the very beginning while it was still ‘red hot’.
AONE + 629
The rest where gap up trades and these have been my bread and butter lately.
AM + 84
RHT + 442
SLM 2

+ 1458

I have no idea what my numbers are for the month as I have been busy with schoolwork, actual trading, the new baby(can you have an old baby?), and my other sons who would like to see their dad once in a while. I will figure it out after the month is done and I can run a report with IB. Otherwise its been a lot of getting up at 6:30 and going to bed at 12:30 – 1 am and hopefully that will ease up soon.
 
Quote from Robert Weinstein:

Otherwise its been a lot of getting up at 6:30 and going to bed at 12:30 – 1 am and hopefully that will ease up soon.
More...

A trader needs 6 hours sleep a night, so going to bed at 12:30 a.m. is OK, but if you're not getting to sleep until 1 a.m., then you're shorting yourself.

Hmmm...that shouldn't surprise me actually... :p

Nice job, and tell the little guy you can only eat those symbols if they're floating around in soup or cereal!
 
Quote from NoDoji:

A trader needs 6 hours sleep a night, so going to bed at 12:30 a.m. is OK, but if you're not getting to sleep until 1 a.m., then you're shorting yourself.

Hmmm...that shouldn't surprise me actually... :p

Nice job, and tell the little guy you can only eat those symbols if they're floating around in soup or cereal!
More...

LMAO..... thats funny (shorting myself)

there are not enough hours in the day....
 
Hey guys,

Mom and baby are doing well. I am actually starting to do well too (trading wise)

I will have my third down month in a row but the last two weeks have been pretty good. Not so much in terms of profitability, but in terms of trading my plan.

I actually started doing some of the things that I need to do. my normal signal which has really been my moneymaker hasn't been triggering lately. While it's true that I made the criteria more restrictive in the requirements of the trigger. It appears to me that the market has also changed at least for the last couple weeks.

+470 for the day.

~ - 12K for the month.


just to recap why I've been MIA recently. My third son, Michael was born about 22 days ago, I am currently taking 16 credits at Penn State, and I'm still going in to my office every day to trade for full days. needless to say I have bitten off a lot
 
Start of October and it turned into a pretty good day. Trading size is still small (for me and my account) but I want to string together a bunch of gains before I start really going at it again.

As i settle into some of the commitments that I have myself in I am finding that there may be a light at the end of the tunnel (hopefully not an oncoming train) and that I might begin once again to post daily.

+ 250 day week month
 
You must log in or register to reply here.
Back
Top