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

1/15/09:

12:35 1400 QQQQ EXIT 28.14
P/L -210.00

(bottom was .12, now rockin out)

 

1/15/09:


15:17 400 DXD BUY 59.90
STOP 59.40
TGT 60.90 (or close)

 

1/15/09:

15:31 400 DXD EXIT 60.93
P/L +397.23

 

1/15/09

Total P/L: +187.23

 

1/16/09:

Was looking to follow up yesterday's close with some longs today, but the morning gap up might not let that happen. In the first 30 min of the day I will look for stocks that are acting weak and will look to get in short. As for the indexex I will try to strictly scalp them depending on how they move. Most likely a light trading day today.

 

heh...i don't do any of the crazy bets, just ones that are highly weighted in my favor. you can *definitely* do that number if you can trade prior to this.

don't think of it as 50%...just think of it as a few hundred a day (to balance the down days) and keep sticking to the stops, and it will be cake.

 

1/16/09:

10:25 400 RIMM BUY 49.51
STOP 49.01
TGT 50.51

 

1/16/09

11:32 600 QID BUY 58.55
STOP 58.25
TGT 59.15