wwatson1 journal

Took a look at some of your trades. some of them don't add up. I found several problems with your posted trades: (1) You posted trades at opening prices that differed from actual opening prices. For example, you say you bought 100 TELK at the open on 12/14 for for $18.98, but the true open was $19.80. Then you say you sold CRN at the open on 12/20 for $15.35, but the open on 12/20 was ~$15.03 and the high of the day was $15.20. There were many price discrepancies like these, all to your advantage. (2) None of your trades were posted in real time. All were posted hours later. No one should believe you if you can't post in real time. It's easy to pick your price when you're not posting them in real time. Posting in real time, or within a few minutes is easy. You only averaged a trade or two a day, so it wouldn't have been that hard to have posted in real time.

Until you post in real time with accurate numbers, no one should accept your results.
 
kyle
the telk trade was on 13/12 and the open price is correct according to my chart
CRN opened 15.02 on 20/12 as you point out
As far I can see most of the trades is called before the entry/exit
which should be better than realtime, everyone can check for themselves what fills you can get at the open
 
All of my trades posted here on the journal where posted before every open you can check the time of each post.

This system is not an intraday trading system.

The trades posted here have all been marked clearly to enter or exit on the next opening price.

transferring the data onto the website to make things as clear as possible took some considerable time and effort, if there are any small unintentional errors I will refer to the journal here as you can do and correct them.

On the journal here you can see I have no intention of making up trades and price's.

Thank you for your input, I welcome any more comments that can help me improve the way I post my trade's.

Please continue to follow my website, I am enjoying updating this journal.
 
To clear up the TELK trade.....

Quote from journal post top of page 2 Please note the time of the post is 8:15am in the morning before the open and the recommendation is to BUY ON THE OPEN!

The open price for this day was $18.98 not $19.80 as you suggest.

Please read the journal properly before trying to put people off.

"12-13-04 08:15 AM

Buy on open :

100 hmx (Hartmarx Corporation)

100 telk (Telik, Inc.)
 
To clear up the CRN trade for you......

You where correct in pointing out the genuine mistake with the report of the sell of CRN I will correct this in the performance section of the site.

Not that it will make a great deal of difference to the bottom line.

I will be happy to clear up anything else you can point out.
 
CGFW (CyberGuard Corporation)

bought 200 at 6.19 on open, page 12.

sold on open today at 6.45

+$52.00 profit
+4.20% move

Account value $11754.50

Performance on my site updated.
 
Is everyone following the trades ok?

I update my journal and site at 7.00am pre-market daily now to avoid any confusion.
 
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