Cool, yes not having to worry about running out of buying power is nice. I did mean $ value of equities in the trade but after I posted I realized that I could actually look at your posted trades and figure the value. Sorry for the dumb question Thanks for continuing the thread. I think this style of trading appeals to a lot of people.
9:40 (2 min chart) SHORT MS 25.91 STOP 25.96 TGT 25.79 out -0.06 9:51 (2 min chart) SHORT MS 35.89 STOP 35.95 (was seeing things, this is wrong) TGT 35.77 out +0.11 10:54 SHORT WYNN 86.99 STOP 87.2 TGT 76.57 out -0.23 11:00 SHORT RIMM 47.98 STOP 48.08 TGT 47.78 out +0.2 13:58 SHORT APC 47.7 STOP 47.78 TGT 47.54 out +0.15
<img src="http://puddles.humanfund.ca/20100823/spy.png"> <img src="http://puddles.humanfund.ca/20100823/ms.png"> <img src="http://puddles.humanfund.ca/20100823/wynn.png"> <img src="http://puddles.humanfund.ca/20100823/rimm.png"> <img src="http://puddles.humanfund.ca/20100823/apc.png"> 9:40 (2 min chart) SHORT MS 25.91 STOP 25.96 TGT 25.79 - MS very weak vs SPY on the 2 min - out -0.06 9:51 (2 min chart) SHORT MS 35.89 STOP 35.95 (was seeing things, this is wrong) TGT 35.77 - See above, BS tick out on the prior trade, still want it short. - out +0.11 10:54 SHORT WYNN 86.99 STOP 87.2 TGT 76.57 - WYNN weak and setting up right at a round #. - geezy and I both announced this short at the same time but we had never discussed the setup prior. great minds think alike right?! - BS tick out on this one too. - out -0.23 11:00 SHORT RIMM 47.98 STOP 48.08 TGT 47.78 - Weak + round # + no bounce with SPY on the 11am bar (SPY bounced, RIMM didn't) - out +0.2 13:58 SHORT APC 47.7 STOP 47.78 TGT 47.54 - SPY flat from 12-2 - APC drifting down - out +0.15 http://puddles.humanfund.ca/wp/2010/08/23/2010-08-23-trades/
I created this little calculator over the weekend to help me size my trades and set my stops/tgts correctly. I was originally going to write this as a windows forms app but decided to make it a web app so others could easily use it. I'm not sure if anyone is going to use it but I found it useful today. - Set your max loss per trade. - Select your side (Short/Long). - Enter the cents of the entry and stop and the calculator will do the rest. Some handy tips. - You can use your wheel mouse in the stop and entry fields to increment. - To use the least amount of real estate, pop up a new window, set your max loss size, shrink the window. If you find any bugs or have any suggestions please let me know. http://puddles.humanfund.ca/tradecalculator/
Calculator is pretty bad ass puddles...... I see you didnt mention my WYNN re entry short at 3:10 (the one you pussed out of) hehe
10:27 SHORT AMZN 123.41 STOP 123.78 TGT somewhere down there out -0.40 10:37 LONG RIG 51.39 STOP 51.19 TGT 51.79 out +0.40
15:14 SHORT CCJ 24.59 StOP 24.65 TGT 24.47 out +0.12 15:21 SHORT APOL 41.67 STOP 41.76 TGT 41.49 out -0.1