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

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

  1. snake

    snake

    Puddles,

    Would you mind posting up your watchlist? I'd like to get a sense of the setups your looking to play.

    Cheers.
     
    #3011     Dec 12, 2010
  2. <img src="http://puddles.humanfund.ca/20101213/spy.png">

    <img src="http://puddles.humanfund.ca/20101213/celg.png">

    <img src="http://puddles.humanfund.ca/20101213/nov.png">

    <img src="http://puddles.humanfund.ca/20101213/bbt.png">

    <img src="http://puddles.humanfund.ca/20101213/sndk.png">

    <img src="http://puddles.humanfund.ca/20101213/v.png">

    <img src="http://puddles.humanfund.ca/20101213/tsl.png">

    <img src="http://puddles.humanfund.ca/20101213/amzn.png">

    <img src="http://puddles.humanfund.ca/20101213/wynn.png">

    9:39

    SHORT CELG 57.3
    STOP 57.38
    TGT 57.14

    - Was on daily short list
    - Gapped up with market but tanked
    - Market stayed green, CELG red
    - short the lower high
    - out b/e

    9:51

    LONG NOV 65.35
    STOP 65.11

    - Gap and go from the open while SPY pulled back from it's gap up
    - out -0.27

    9:53

    SHORT BBT 26.79
    STOP 26.86
    TGT 26.65

    - I probably should not have shorted this at all as BBT was on my daily long list
    - Exceptional weakness vs SPY
    - Basing at the lows against support
    - Short the break
    - I havn't made a mistake like this since my first few months trading (which is only like 6 months ago) but I ended up LONG instead of short on the break.
    - Of course I get this wrong on a home run and I end up closing out my long -0.08.
    - I'm counting this as a winner as the setup was great but the execution was about as bad as it could get

    9:58

    LONG SNDK 50.76
    STOP 50.68

    - All tilted from BBT I take this higher low
    - Lesson learned?
    - out -0.1

    10:05

    LONG V 80.57
    STOP 80.4
    TGT 80.91

    - At this point I'm 1-2-1 in theory but my P&L looks like 0-3-1 so I take this half size
    - V at the highs while SPY at the lows
    - As SPY bounces off the bottom take V
    - out +0.31

    10:10

    SHORT TSL 23.57
    STOP 23.71
    TGT 23.29

    - See above, take this half size too
    - Just weak from the open
    - out +0.28

    - At this point My P&L looks like a 1-3-1 day even though my calls were 3-2-1.. ugh.

    14:23

    LONG AMZN 176.22
    STOP 176.05

    - SPY pulled back from the highs
    - AMZN put in a tight higher low in it's range
    - I took this while very zoomed in and didn't realize AMZN was actually pretty low in it's daily range
    - out -0.20

    14:50

    SHORT WYNN 100.80
    STOP 100.94
    TGT 100.52

    - SPY at the highs, WYNN at the lows
    - Short the support break, give a little wiggle on the stop as 10c is not enough
    - out +0.28

    4-3-1 day where my P-L looked like a 2-4-1 day (basically b/e)..

    http://puddles.humanfund.ca/wp/2010/12/13/2010-12-13-trades/
     
    #3012     Dec 13, 2010
  3. here's what i found for tomorrow, i don't plan on making this a regular posting though..

    Long: AIG COST SFD MDR MAS
    Short: TLB SNH
     
    #3013     Dec 14, 2010
  4. 9:44

    LONG HIG 26.02
    STOP 25.93

    out -0.10

    10:16

    LONG IBM 145.51
    STOP 145.34
    TGT 145.85

    out +0.33

    10:17

    SHORT EXPE 25.52
    STOP 25.63
    TGT 25.3
     
    #3014     Dec 14, 2010
  5. out -0.12
     
    #3015     Dec 14, 2010
  6. 13:11

    LONG X 55.01
    STOP 55.94
    TGT 55.15
     
    #3016     Dec 14, 2010
  7. out +0.13
     
    #3017     Dec 14, 2010
  8. 14:39

    SHORT LVS 43.71
    STOP 43.80
    TGT 43.53
     
    #3018     Dec 14, 2010
  9. out +0.18
     
    #3019     Dec 14, 2010
  10. 15:09

    SHORT UAL 24.57
    STOP 24.63
    TGT 24.45
     
    #3020     Dec 14, 2010