<img src="http://puddles.humanfund.ca/20100809/spy.png"> <img src="http://puddles.humanfund.ca/20100809/amgn.png"> <img src="http://puddles.humanfund.ca/20100809/mon.png"> <img src="http://puddles.humanfund.ca/20100809/ne.png"> <img src="http://puddles.humanfund.ca/20100809/sndk.png"> <img src="http://puddles.humanfund.ca/20100809/rimm.png"> <img src="http://puddles.humanfund.ca/20100809/jpm.png"> 9:40 SHORT AMGN 55.58 STOP 55.72 TGT 55.3 (2 min) - SPY gap up - AMGN gap down - out -0.14 10:05 SHORT MON 59.39 STOP 59.64 TGT 58.88 - same as above, tight lower high on the 5 minute - out b/e, was 2c from tgt! ugh 10:48 SHORT NE 34.2 STOP 34.28 TGT 34.04 - as SPY tries to header higher NE makes new lows - out +0.16 13:53 LONG SNDK 46.4 STOP 46.32 TGT 46.56 - SNDK strong and steady from the morning - ticked out and to tgt - out -0.08 14:32 LONG RIMM 55.74 STOP 55.66 TGT 55.9 - same as SNDK, rips halfway to tgt after entry - out b/e 15:23 SHORT JPM 39.69 STOP 39.75 TGT 39.57 - Weaker than SPY most of the day - Short the setup (at basically LOD +1c) - out -0.07 http://puddles.humanfund.ca/wp/2010/08/10/2010-08-09-trades/
<img src="http://puddles.humanfund.ca/20100810/spy.png"> <img src="http://puddles.humanfund.ca/20100810/fosl.png"> <img src="http://puddles.humanfund.ca/20100810/sndk.png"> <img src="http://puddles.humanfund.ca/20100810/gld.png"> 9:48 LONG FOSL 45.58 STOP 45.38 TGT 45.98 - Whole market down, FOSL up and trending higher - hit any higher low as SPY goes lower - out +0.40 10:12 SHORT SNDK 45.29 STOP 45.43 TGT 45.01 - SPY tries to retrace after 10pm - SNDK makes new lows - Short lower high and break of support rather than under the prior bar - If i had shorted under the prior bar and calculated stop/tgt off it I would have hit TGT 20 minutes later. Instead I chop for 3 hours coming within 1c of my stop - out +0.3 14:38 LONG GLD 118.01 STOP 117.79 TGT 118.45 - Fed interest rate unchanged, bullish for GLD - No big pullback bar like SPY, look to get long - out -0.24 15:00ish LONG GLD 117.9 STOP 117.69 TGT 118.32 - Same as above, I was a little too emotionally attached to this trade on a fundamental basis - out -0.21 http://puddles.humanfund.ca/wp/2010/08/10/2010-08-10-trades/
Here's a pic of where all the magic happened at geezy's castle. Thanks again for the hospitality dude! <img src="http://farm5.static.flickr.com/4074/4881377024_0083f12941_b.jpg">
<img src="http://puddles.humanfund.ca/20100811/spy.png"> <img src="http://puddles.humanfund.ca/20100811/ttm.png"> <img src="http://puddles.humanfund.ca/20100811/eqr.png"> <img src="http://puddles.humanfund.ca/20100811/bby.png"> <img src="http://puddles.humanfund.ca/20100811/nflx.png"> <img src="http://puddles.humanfund.ca/20100811/cf.png"> <img src="http://puddles.humanfund.ca/20100811/el.png"> <img src="http://puddles.humanfund.ca/20100811/rimm.png"> 9:45 LONG TTM 21.49 STOP 21.34 TGT 21.79 - Market all down - TTM gaps up - Look for a long - out -0.15 (i didn't lose the full amount as i closed the trade out as i had to rush out but I'm counting it as a loss) 10:04 LONG EQR 46.2 STOP 45.99 TGT 46.62 - EQR gaps down with most of the market but shows a lot of strength from the open - Long over the higher low, stop under round # - out -0.21 10:07 SHORT BBY 33.59 STOP 33.66 TGT 33.45 - SPY chopping flat from the open - BBY very weak - Short under the tight lower high - out +0.14 14:30 LONG NFLX 127.01 STOP 126.6 TGT 127.83 - NFLX just a monster - Long the tight lower high - out -0.49 (slip) 14:59 LONG CF 81.32 STOP 81.1 TGT 81.76 - SPY makes a big move down from 2:30 onwards - CF making new highs - out +0.44 15:06 SHORT EL 60.48 STOP 60.56 TGT 60.32 - Short weakness + tight bar out -0.10 (slip) 15:19 LONG RIMM 56.13 STOP 56.05 TGT 56.29 - RIMM real strong in the afternoon - Long over the bar - It ran so hard i only got filled half size. - out +0.16 http://puddles.humanfund.ca/wp/2010/08/11/2010-08-11-trades/
If I'm not mistaken, isn't the spread on NFLX usually around .50? I think you need a 1.00 stop on that "thing"
<img src="http://puddles.humanfund.ca/20100812/spy.png"> <img src="http://puddles.humanfund.ca/20100812/rimm2.png"> <img src="http://puddles.humanfund.ca/20100812/rimm5.png"> <img src="http://puddles.humanfund.ca/20100812/mon.png"> <img src="http://puddles.humanfund.ca/20100812/pot.png"> 9:43 SHORT RIMM 54.1 STOP 54.3 TGT 53.7 - SPY down huge but heads higher - RIMM heads lower - out -0.2 10:23 SHORT RIMM 54.51 STOP 54.67 TGT 54.19 - RIMM still nowhere near the relative strength of SPY - out -0.16 10:35 SHORT MON 56.24 STOP 56.4 TGT 55.92 - MON with a HUGE opening bar then almost a full retrace down - The big green bar should have scared me off - out -0.16 14:14 SHORT POT 11.24 STOP 111.57 TGT 110.61 - SPY puts in a big green bar after 2pm - POT doesn't follow suit - Geezy takes it, i follow since my own calls arn't really working - out -0.37 I had a extremely busy day with meetings and calls all morning AND I started the day off already tilted with an incident before the open. I probably shouldn't have even traded the morning.. http://puddles.humanfund.ca/wp/2010/08/12/2010-08-12-trades/
<img src="http://puddles.humanfund.ca/20100813/spy.png"> <img src="http://puddles.humanfund.ca/20100813/rimm.png"> <img src="http://puddles.humanfund.ca/20100813/cam.png"> <img src="http://puddles.humanfund.ca/20100813/apol.png"> <img src="http://puddles.humanfund.ca/20100813/akam.png"> 9:57 SHORG RIMM 53.55 STOP 53.8 TGT 53.05 - RIMM weak vs SPY, showing no bounce - geezy and i take this one.. - out -0.32 - geezy and i get raped on our stops 12:42 LONG CAM 37.63 STOP 37.55 TGT 37.79 - Great clean strong chart all day - Break my 11-2 rule and take a partial sized long - out +0.16 (tgt) - got +0.21 on a 100 share runner, wanted .99 but kept moving stop up on every higher low, got stopped out at .84 13:23 SHORT APOL 38.84 STOP 38.97 TGT 38.58 - APOL weak all day, big legs down and holding new levels - out -0.13 14:37 LONG AKAM 44.5 STOP 44.4 TGT 44.7 - SPY heading steadily lower from 1:30 onwards - AKAM heading in the opposite direction - out b/e on my 3pm time stop.. Early run to the patio. I'm counting the AKAM as a loss on my record even though I didn't lose money. 7-16 week which takes my month to 21-24 which is back on plan.. RTM can be a bitch. http://puddles.humanfund.ca/wp/2010/08/13/2010-08-13-trades/