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

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

  1. out -0.22

    was 1c from tgt when i was away from my desk..
     
    #3041     Dec 17, 2010
  2. <img src="http://puddles.humanfund.ca/20101217/spy.png">

    <img src="http://puddles.humanfund.ca/20101217/sndk.png">

    <img src="http://puddles.humanfund.ca/20101217/wynn.png">

    <img src="http://puddles.humanfund.ca/20101217/aem.png">

    <img src="http://puddles.humanfund.ca/20101217/aapl.png">


    9:37

    LONG SNDK 49.17
    STOP 48.99

    - SPY gaps down and chops
    - SNDK rockets
    - buy the top.. doh
    - out -0.2

    9:47

    LONG WYNN 107.01
    STOP 107.25

    - SPY choppy still
    - WYNN jamming up at the highs against resistance at 107.00
    - Long the break
    - out -0.32

    10:02

    SHORT AEM 74.68
    STOP 74.87
    TGT 74.3

    - AEM weak daily pattern
    - Weak from the open while SPY chops
    - Gets 1c from tgt while i'm away from my desk, is 10c against me upon my return
    - This should have at the worst been a b/e trade if I hadn't left my desk, ugh
    - out -0.22

    15:14

    SHORT AAPL 320.63
    STOP 320.82
    TGT 320.25

    - At this point I'm back from a very long lunch, 0-3 on P&L but 0-2-1 in trade calls
    - Short a choppy stock looking to break it's choppy range lower
    - awful
    - out -0.20

    13-14 week, 29-42 month.. I had a feeling I probably shouldn't trade quad. witching before the open. Guess I was right..

    http://puddles.humanfund.ca/wp/2010/12/17/2010-12-17-trades/
     
    #3042     Dec 17, 2010
  3. 9:32

    SHORT RIMM 59.29
    STOP 59.43
    TGT 59.01

    out b/e

    9:38

    SHORT AXP 43.3
    STOP 43.41
    TGT 43.08

    out +0.22

    10:00

    SHORT AKAM 49.44
    STOP 49.57
    TGT 49.18

    out +0.26

    10:04

    LONG WYNN 106.39
    STOP 106.19

    out -0.31 (oooof)

    10:26

    SHORT APC 65.49
    STOP 65.64

    out -0.22

    10:32

    LONG JPM 40.06
    STOP 39.98
    TGT 40.22

    out b/e
     
    #3043     Dec 20, 2010
  4. 13:09

    SHORT WAG 37.24
    STOP 37.3

    out -0.06

    dumb, daily way too strong..
     
    #3044     Dec 20, 2010
  5. 14:27

    SHORT RIMM 58.40
    STOP 58.48
    TGT 58.24
     
    #3045     Dec 20, 2010
  6. out +0.16
     
    #3046     Dec 20, 2010
  7. <img src="http://puddles.humanfund.ca/20101220/spy.png">

    <img src="http://puddles.humanfund.ca/20101220/rimm2.png">

    <img src="http://puddles.humanfund.ca/20101220/axp.png">

    <img src="http://puddles.humanfund.ca/20101220/akam.png">

    <img src="http://puddles.humanfund.ca/20101220/wynn.png">

    <img src="http://puddles.humanfund.ca/20101220/apc.png">

    <img src="http://puddles.humanfund.ca/20101220/jpm.png">

    <img src="http://puddles.humanfund.ca/20101220/wag.png">

    <img src="http://puddles.humanfund.ca/20101220/rimm.png">


    9:32

    SHORT RIMM 59.29
    STOP 59.43
    TGT 59.01

    - Gaps and craps
    - Got short kinda by accident under the opening bar
    - picked a stop that worked for a .01 tgt
    - should have never been in this
    - out b/e

    9:38

    SHORT AXP 43.3
    STOP 43.41
    TGT 43.08

    - Sector weak, downgrade today
    - out +0.22

    10:00

    SHORT AKAM 49.44
    STOP 49.57
    TGT 49.18

    - Gap down and weak from open
    - tight lower high
    - out +0.26

    10:04

    LONG WYNN 106.39
    STOP 106.19

    - Makes a nice higher low near the top of it's range as SPY begins to weaken up
    - Should have avoided this because of the earlier selloff bar
    - Should have avoided this as SPY was getting pretty weak
    - out -0.31 (big slippage)

    10:26

    SHORT APC 65.49
    STOP 65.64

    - Weak with the mkt
    - Tight lower high at the lows
    - After i called this entry I thought I might have sold the bottom, I was right
    - out -0.22

    10:32

    LONG JPM 40.06
    STOP 39.98
    TGT 40.22

    - JPM ranging at the highs through the whole SPY selloff
    - Long the break of the range hoping that the SPY selling has finished
    - out b/e

    13:09

    SHORT WAG 37.24
    STOP 37.3

    - Tight lower high at the lows while SPY had retraced to it's highs
    - This was on my daily long list, pretty stupid to short it
    - was between 11-2 which made this an even dumber trade
    - out -0.06

    14:27

    SHORT RIMM 58.40
    STOP 58.48
    TGT 58.24

    - Doesn't look a lot like my standard setups, this is something i see geez playing a lot
    - SPY puts in 4 huge bars up after 2pm
    - RIMM holds it's range
    - Short the range break once the SPY runup pauses (hoping for a reversal)
    - out +0.16

    http://puddles.humanfund.ca/wp/2010/12/20/2010-12-20-trades/
     
    #3047     Dec 20, 2010
  8. 9:35

    LONG SNDK 50.21
    STOP 50.03
    TGT 50.57

    out +0.34
     
    #3048     Dec 21, 2010
  9. 9:58

    LONG JPM 40.52
    STOP 40.44

    out -0.08
     
    #3049     Dec 21, 2010
  10. f'in jpm ticked me out

    10:30

    SHORT GILD 36.52
    STOP 36.61

    out -0.09
     
    #3050     Dec 21, 2010