I'm a new Neke follower. Good luck in 2011! I knew this thread existed and others whom I respect follow your journal(s). Don't really know why it took til now for me to dial in, but I guess we all like stories like yours (less last year's experience ).
Nice, i am following your progress , it looks like you know what you are doing, keep it going brother
Weekly Update for week 11/50 ended 3/26/2011 Negative week, down 5K (1.6%). It was a week of bad trading for the most part. Entered two many trades I have no business in, and the few good ones I found exited too soon (would lock up a gain of 5K delighted to make some money, only to check at the end of the day I could have made 25K if I held on). Code: Opening Balance: 332,510 Net loss for the week 5,350 ------------------------------------------------ Net Balance: 327,160 Number of Trades 18 Number of Profitable Trades 8 Since Inception of Thread 01/8/2011 - 3/26/2011 Opening Balance: 335,899 Net loss(Less Margin Interest) 8,739 (Down 2.6%) ------------------------------------------------ Net Balance 327,160 Number of Trades 174 Number of Profitable Trades 102
Toko, Stop posting for your brother neke. Two many people believed you to be the real neke. If neke is here, he would have corrected you by posting this: If you held on with some profitable trades, you could turn some winners into losers. Hindsight is always 20/20.
Weekly Update for week 12/50 ended 4/2/2011 Ugly week, down 19K (5.9%). It all boiled down to one day: Wednesday 30 Mar. Faded a number of over-extended plays with PUTS, all of which closed out even more over-extended and cost me dear. Looking at how to tighten the condition for those type of plays. Code: Opening Balance: 327,160 Net loss for the week 19,140 ------------------------------------------------ Net Balance: 308,020 Number of Trades 19 Number of Profitable Trades 10 Since Inception of Thread 01/8/2011 - 4/2/2011 Opening Balance: 335,899 Net loss(Less Margin Interest) 27,879 (Down 8.3%) ------------------------------------------------ Net Balance 308,020 Number of Trades 193 Number of Profitable Trades 112 AMZNAPR12011180.0PUT 2011-03-30-09-31-58 2011-03-30-15-41-45 7000 20300 11900 -8505.2 AMZN PUT PCLNAPR162011500.0PUT 2011-03-30-09-34-15 2011-03-30-15-05-16 2500 35000 29500 -5547 PCLN PUT