Wizetrade Journal

mrbunnyrabbit · Apr 5, 2004

Got out of JBHT for 80$, exit point for the day was at around 29.15. Got in to SYMC at 48.66 - down quite a bit.

mrbunnyrabbit · Apr 6, 2004

SYMC - Exit point for the day around 48.40, 400 loss.
EL - Went long at 44.32. Up 200

Samson77 · Apr 6, 2004

Quote from pruggera:

I paid full price but I do not harbor any fantasy that I will ever see my money again.

When I was at the sales presentation I had a feeling that this was a con, but being gulliable, I bought anyway. Now I keep the WizeTrade box on a shelf in my trading room to remind me to pay better attention to my gut feelings. A lesson, by the way, worth more than the price of the product.

This is excellent advise I wished I had done the same $30k ago.

I'm going to get all the old courses I have bought and plunk them down in front of me right away in case I get stupid again and start to think about buying anymore of these ridicules systems.

mrbunnyrabbit · Apr 7, 2004

Made 320 off EL.... And I'm starting to understand watching the live market and real market is much different from PTing. There was a sell point for EL when I was down. I would have gotten out there, but I am not home then... So, guess I am learning

mrbunnyrabbit · Apr 17, 2004

Wow! Sorry for the delay in posting. Anyways, here are most of my [paper] trades I have done

KSS, Sell short 44.12, out at 43.80
MHR, Buy 10.59, out at 10.66
TFS, SS 7.68, out at 7.68
CHTR, Buy 4.87, out at 4.90

EMA Buy 2.95, out at 2.85
CHTR, Buy 4.90, out at 4.85

Latest trade: Thursday, got into CC at 11.83

(I also did some TASR trades - with seconds I made a thousand... heh)

sempergumby · Apr 18, 2004

So, to this point, are you confident with WizeTrade? What would you say your win % is so far?

Semper

mrbunnyrabbit · Apr 20, 2004

My W/L ratio is pretty high, but no more than 8/10. I don't feel extremely confident with WT, but confident enough(not enough to real trade). Also, I am going to a 1 day trainging(which is free.)

I have done MANY scalps(I think, where you only hold a couple minutes?), over 50, and I don't post them. One I did today was TASR(short) and made over 3000(in minutes). I did most with IPIX.

sempergumby · Apr 20, 2004

So your win ratio is 80%, but you're still not confident enough to actually trade? Must be because you haven't had the system all that long.

Gotta tell ya' though, I'm sure most people on this board don't approach anywhere near that level of success.

Semper

PS - keep us posted. Be interesting to see how long the system manages remain successful.

MYDemaray · Apr 20, 2004

Quote from mrbunnyrabbit:

TASR(short) and made over 3000(in minutes). I did most with IPIX.

This is why you need to try it in real life. With a TASR short you would have had 2 potential issues: 1.) uptick 2.) getting shares....

mrbunnyrabbit · Apr 20, 2004

Yes, I understand this. It is one of the reasons why I don't(although I did) post them, and because I wouldn't scalp in reality(Or, nearly as much)