Puddles, what's your overall win rate since you've been doing this? And, why did you make the decision to trade in a different style than geez? You're doing more breakouts, where he was doing reverals. Just curious. Cheers.
15:32 SHORT RIMM 61.89 STOP 62.01 TGT 61.65 just got back in front of the screens, might be late on this selloff..
as of today, 44.5% since i started this journal.. i havn't really changed my style up, i still look for reversals on extended stocks but i havn't had many on my radar in a long while. geez and i talk through trades through the day so I don't think I'm differing from his style too much.
44.5% is fantastic. Nice work!!! With this strategy, 44.5% is extremely profitable. Do you have monthly or weekly stats you could post on your win rate? Glad you kept this going (both the trading and the journal), I really enjoy reading even though I don't always have the time to follow it regularly. Keep up the nice work.
may 17-14 (54.84%) june 30-46 (39.47%) july 31-35 (46.97%) august 49-54 (47.57%) september 34-31 (52.31%) october 36-58 (38.30%) november 35-51 (40.70%) 232-289 overall not counting today.
<img src="http://puddles.humanfund.ca/20101201/spy.png"> <img src="http://puddles.humanfund.ca/20101201/mos.png"> <img src="http://puddles.humanfund.ca/20101201/rimm.png"> 10:19 SHORT MOS 66.76 STOP 67.02 TGT 66.24 - Market gaps up like a monster - MOS gap and crap - I was a little concerned about shorting in such a strong market but the 10am #s failed to impress - out +0.51 15:32 SHORT RIMM 61.89 STOP 62.01 TGT 61.65 - Was out of the house all day and return home SPY being flat and RIMM being super weak - Short the tight lower high, set the stop above the round # instead of above the bar - ticked out, would have been fine if i used the # above the bar out -0.13 http://puddles.humanfund.ca/wp/2010/12/01/2010-12-01-trades/
Puddles: Few times you have tried to add to winning position (average up). Do you (Puddles+geez) have any statistics, if adding to winning position is better than the exit at fixed 2R level? Thank you.