XD Paper Trades Journal

home...going long the market for trade
500 ddm @ avg 36.19

will buy more up to 15 minute 200 average

have 2 k !@ 36.16

sold 1k@ 36.21 +50(10ta)=$40

sitting on 1k at 36.16

sold at 36.22 500 +30(5ta)=$25
sold at 36.25 500 +45(5ta)=$40

+105 for day

starting to build short position...

100 dxd 37.11


this next trade pissed me off because of my lack of having up to minute trading and charts...this lagg is a killer i cant use stock because i have no true feed so i have to trade the averages using leveraged etfs...i can trade anything but it makes it diffiecult without a real feed.

after I went short I decided to go long because I saw the possible 5 minute double bottom. When that was broken I new the test of the low was coming so I quicklly exited the trade and wen the other way.
-40 with ta (ddm)

i had traded 500 shares and got out nicely for 10 dollar profit and would have got long the market but I could not see the way the chart was forming because I was busy on the screen watching the number and didnt go back to chart to look at price action andn double bottom. This having to flip in between chart and price suck. but whatever as soon as I saw it I should have dumped but I didnt I road the trade.
+10

i started to get short the market. with an average price of around 36.185 on dxd and dumped quickly at 36.105 or minus 270 with t/a costs

-270


than went long
@36.27 on ddm
sold at 36.39

+330 with t/a

+135 for day...I feel like if I had a dual screen and saw the test of the bottom with quick reversal I would have dumped all my shorts and went long right after that hammer came in and made a fortune!!!! damn I cant wait to get some real technology.

anyway still up today but have things to do at 1pm so not much more time to make my day.- i wont force this but I will try to make it

this was the clearest trade I have seen all day...easy money...this pull back in the market....first we busted through the 20 5minute average so that was bullish. we came back down to retest and stayed above the open with consolidation and i bought 2k ddm there

paid 36.31 dumped on the 50 5minute average @36.43 or +.12 or 220 with t/a

up 355 for day and will call it quits


+355 day
+290 week
+340 so far.
5 up days/4 down days

I am confident I can blow these numbers away with the proper equipment
 
amzn avg 350 @83.99 sold 100@84.19 +
avg 2100 to 83.85
sold all at 83.67
-360 total

ss avg 2100 amzn 83.915
covered 1k @ 83.92+20
600 83.80+90
500 83.4+275
250 83.27+170
250 83.3+162

+700

ddm 250@36.4
sell 36.5

+22.5

ss 350 amzn avg 83.1714
cover 200 @ 82.99+36
cover 150@ 83.07+15

+45

long amzn 3k avg 83.01 sold 2k 83.10 +178
sold 1k @ 82.98 -61 with ta

+117

long pwrd 200 39.88
sold 39.70
-40

+493 day
+783 week
+833 so far.
6 up days/4 down days
 
no trades...on meetings...

Interesting action we have been getting... running up to 20 day ma on the monthly chart @ 10,800 on djia 1075 on spx...should be areas of resistance.

shangai and hang seng alarming looking chart.
 
+493 day
+783 week
+833 so far.
6 up days/4 down days


i just spent time typing everything up and than missed the page.

today i didnt trade yesterday my cpu was down so i couldnt post

yesterday i went long dxd and short bac made 350 and washed out by trying to go long the market for a stupid trade

lossed all my gains.


I am introducing a new rule. Once my gains are half my expected profits I am not allowed to lose more than 1/2 gains....I will have to place s/l with trade

for instance:

700 is what my goal is.

once i hit 350..I have to place s/ls


looks like the 50 day is coming into play here in the market and things are starting to get ugly. the decoupling of the dollar to gold is scary.
 
200 day
+200 week
+1033 so far.
7up 4 down 2 flat(1 no trades of flat)

traded dxd and ddm

almost whiped out on dxd at the end. I should have known with the test of the bottom at 3 pm and a first time we tested the 20ma...ughh<stupid!!!! Ive seen this set up so many tiimes...I was lucky to trade out of this.

havent had a good chance to trade as i have to work...but felt good today about my trades.
 
no trades

comentary

perfect spx move:


august lows 978-sept lows 991=13

august high 1039 september high 1026=13 points???

could be nice but doubtful any pierce of 1026 tomorrow and all bets are off in my opinion the market will head north to 1050-1075
 
450 day
+450 week
+1033 so far.
8up 4 down 3 flat(2 no trades of flat)

aee 1k ss at 26.28
cover 26.12
cover 26.05

ss 5k aee 26.195
cover 4k 26.15
cover 25.1

+450 easy day

market set to break high and continue rally. next resistance=1050-1075 back up resistance 1100
 
5400 day
+5950 week
+1483 so far.
9up 4 down 3 flat(2 no trades of flat)

10k yrcw@2.8901
10k yrcw @2.8601
10k yrcw@2.8701
30k yrcw 2.85

sold 60k 2.96

6000 gain
-600t/a

+5400

my entries would have been better and i would have let this trade run more if i had up to minute candle charts but i only have ohcl charts for that go by minutes so i cant really get alll the info i normally would have. but i cant complain on this one...

market comentary

like i said two days ago. pierce 1026 and we head north above 1039..we stopped at resistance 1044 only resistance ahead is at the 20 month moving average which is what i spoke about at the end of last month. I believe this will be the top for the market...it happened in japan in the early 80s and us in the 30s...we are simply returning to an average....Piercing above 1080 and 10300 on djia I would assume higher numbers for 2010...stopping at these numbers with little enthusiasm and you have yourself a bear trap.
 
-1400 day
+4550 week
+4500 so far.
9up 5 down 3 flat(2 no trades of flat)


lossed 1400 on tlt today...stupid trade...was up 100 thought I was cute and would make more.- would have never taken second trade had i seen the up to day chart with moving averages in there. but whatever-I cant wait to have real equipment!

actually cut a small loss quick and than re-entered and averaged down.

would have made it back on some practice trades on yrcw but cant count those becasue I was beyond my limit down for the day.

recap...

nothing exciting today...but it does look like we get the monday morning sell-off again. dollar sell off has been so hard I wouldnt be surprised to see fed come out and talk the dollar up. ILL hang onto my puts for now- see where that trade takes me.

that 1050 wasnt approached with much excitment on the spx- we are getting top heavy-

the long bond yield is diving- its either everyone is short that bond and people were covering or there is some more pain in equities to come----double dip?
 
+1600 day
+1600 week
+6100 so far.
10up 5 down 3 flat(2 no trades of flat)


so the market is acting normal again...monday morning sell off was aborted... easy money made by me...

traded yrcw again for 1600 on 2 trades with total of 15k shares or 30k if you count both ways(1600 with ta costs)

like how i traded 10k shares than stepped down for 5 k shares

i actually unloaded half of my double that i made since earlier this month...what a trade.

lesson learned when a trade is working stick with it when its not dump it quick.

when you are on fire; let it run...when you are sucking you gotta tighten up.

market recap. new highs means new highs...continuation expected tomorrow. 1075-1100 on spx is resistance and a test in the dollars lows also expected.

focus on long bond yields---i think a big short may have been squeezed out last week and that why yields creeped down.

besides...if they want to have trade wars china wont buy our debt---less bids is higher yields.
 
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