PDT Limitations

Discussion in 'Journals' started by Phxtrader, Oct 23, 2005.

  1. Week ending 4-28-06

    Mon................ $12
    Tues.............. $16
    Wed............... $117
    Thurs.............. $26
    Fri................... $0

    Unrealized...... ~ -$78

    Realized.......... $171

    Ending bal. $5079 ....... Up ...$146

    Added ........$0 cash

    New bal......$5079


    Swks ............ 12 dt/l
    Zran ............. 16 dt/s
    Swks ............ 87 st/l
    Intc .............. 30 st/l
    Vlo................ 26 st/l

    Let go of my profitable trades a little to quick again, especially Intc.
    Holding: Knx, Luv, Sttx, Jsda

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #51     Apr 28, 2006
  2. Week ending 5-5-06

    Mon................ $0
    Tues.............. $17
    Wed............... $45
    Thurs.............. $55
    Fri................... $63

    Unrealized...... ~ $243

    Realized.......... $180

    Ending bal. $5585 ....... Up ...$506

    Added ........$0 cash

    New bal......$5585


    Sttx ............ 17 st/l
    Amat ............. 19 st/l
    Luv ............ 1 st/l
    Jsda .............. 25 st/l
    Pmcs ................ 4 st/l
    Sttx .................. 51 st/l
    Swks ................ 12 st/l
    Dhi ................... 51 dt/l

    Solid week up 9.96%. Was very tempted to short some stocks at the close, but decided to wait.

    Holding: Knx

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #52     May 5, 2006
  3. Week ending 5-12-06

    Mon................ $0
    Tues.............. $0
    Wed............... $30
    Thurs.............. -$88
    Fri................... $0

    Unrealized...... ~ -$352

    Realized.......... -$58

    Ending bal. $4907 ....... down ...$678

    Added ........$0 cash

    New bal......$4907

    Hpq............. 30 dt/l
    Csco............ -88 dt/l

    What an ugly week, bled a little each day. Down 12.1% for the week.

    Holding: Knx, Amgn, Swks, Bkhm

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #53     May 12, 2006
  4. Week ending 5-19-06

    Mon................ $23
    Tues.............. $0
    Wed............... $61
    Thurs.............. $0
    Fri................... $138

    Unrealized...... ~ -$727

    Realized.......... $222

    Ending bal. $4750 ....... down ...$157

    Added ........$0 cash

    New bal......$4750

    Bkhm ............. -17 st/l
    Amgn ............ 40 st/l
    Mrvc .............. 15 st/l
    Amd .............. -4 st/l
    Amgn ............ 50 dt/l
    Ati ................ 113 dt/l
    Htld .............. 25 st/l

    Just missed the nice pop in Amd. Down 3.2% for the week.

    Holding: Knx, Swks

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #54     May 19, 2006
  5. Week ending 5-26-06

    Mon................ $50
    Tues.............. $0
    Wed............... $0
    Thurs.............. $0
    Fri................... $46

    Unrealized...... ~ -$695

    Realized.......... $96

    Ending bal. $4889 ....... up ...$139

    Added ........$500 cash

    New bal......$5389

    Tie ............. 50 dt/l
    Gi ............ 52 st/l
    Nav .............. -6 dt/s


    Nice to break the down trend of the last two weeks.

    Holding: Knx, Swks

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #55     May 26, 2006
  6. Week ending 6-2-06

    Mon................ closed
    Tues.............. $0
    Wed............... $41
    Thurs.............. $0
    Fri................... $146

    Unrealized...... ~ -$365

    Realized.......... $187

    Ending bal. $5902 ....... up ...$513

    Added ........$21300 cash

    New bal......$27202

    Htld ............. 41 dt/l
    Yrcw ............ 56 st/l
    Yrcw .............. 90 dt/l


    I've reached my goal to get this account up and above 25k, mostly by adding cash, which was always the plan, but I didn't expect my cash flow to improve this soon. Now that I'm over that hurdle, I need to work on my trading skills or maybe I should say lack of skills. Current plan is to continue to swing trade a few positions and mostly daytrade and not to use any leverage overnight.


    Holding: Knx, Swks, Q's

    st/swingtrade.......dt/daytrade
    L.....long................S.....short
     
    #56     Jun 2, 2006