A 70k bet that I can't make a 50% gain in 2009

Discussion in 'Journals' started by geez, Dec 21, 2008.

  1. geez

    geez

    HMMMM....maybe it's groundhog day, because this actually fits for my market bias today as welll......... [/QUOTE]


    1/27/09 Total P/L +441.10

    Only one trade today:FAZ long

    Maybe it really is groundhog day.....deja vu all over again!!!!
     
    #111     Jan 27, 2009
  2. NoDoji

    NoDoji




    1/27/09 Total P/L +441.10

    Only one trade today:FAZ long

    Maybe it really is groundhog day.....deja vu all over again!!!!
    [/QUOTE]

    Geez, nice work. I'm sooo jealous. Been paper trading FAZ and scared to really trade it, he he
     
    #112     Jan 27, 2009
  3. geez

    geez

    NoD.. I actually put FAZ on my watchlist due to reading your commentary regarding it, so I guess I owe you a thanks!
     
    #113     Jan 27, 2009
  4. geez

    geez

    1/28/09:

    Well...3 weeks ago I was looking for the market to continue higher, then the past week I was looking for the base on the index daily charts to break lower...and now we are gapping up +150. I'm glad I'm not swing trading!

    I'll wait out the morning and see if we sell off (to short), or stay pretty flat(will look to short). But if we stay strong I guess I'll have to dust off the old "Long Hat".

    I'll be scanning for weak stocks to short in the first 30 min. of trading
    Good Trading!
     
    #114     Jan 28, 2009
  5. geez

    geez

    1/28/09:

    11:00 800 DIA BUY 83.12
    STOP 82.87
    TGT 83.62
     
    #115     Jan 28, 2009
  6. geez

    geez


    11:45 800 DIA EXIT 82.87
    P/L -214.00
     
    #116     Jan 28, 2009
  7. geez

    geez

    1/28/09:
    13:22 1000 DIA BUY 83.15
    STOP 82.95
    TGT 83.55
     
    #117     Jan 28, 2009
  8. geez

    geez


    13:30 1000 DIA EXIT 83.45
    P/L +284.80
     
    #118     Jan 28, 2009
  9. geez

    geez

    1/28/09:

    The beauty of watching a live trader........

    I originally had a 2000 share order for DIA with a .10 stop. I thought twice about it and went with a 1000 share lot and a .20 stop for more wiggle room. I forgot to change my alert from a target of 83.45 to 83.55 and when DIA got to 83.45 a took my target(that was set for my 2000 shares)....I forgot to change my target to 83.55 (my 1000 share order).....as DIA hits 83.55 now and I watch my extra $100 go by, and MORE IMPORTANT, my risk/reward ratio take a hit.

    Lessons learned everyday.......
     
    #119     Jan 28, 2009
  10. Sorry to intrude on this otherwise excellent journal, but eternitygarden is a fool.

    The vast majority of males cannot bench anywhere close to 2x bodyweight, and certainly couldn't with only 3 months of training. 3x benches are very rare even in elite ranks, guys that train specifically for that lift, and that includes the use of shirts and lots of "supplements."

    http://www.powerliftingwatch.com/records
     
    #120     Jan 28, 2009