puddles 2011 trade journal (formerly a 70k bet..)

10:10

LONG NOV 78.2
STOP 77.99
TGT 78.62

 

out +0.4

10:14

SHORT UNH 41.68
STOP 41.8
TGT 41.44

out -0.13

 

What is your return last year? Did you use this method (2:1 R:R) exclusively last year?

Thanks,
FR

 

i used this method exclusively for my prior journal (2010).

here is a link to my 2010 summary:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=148752s=&postid=3050214#post3050214

 

i think i knew it was bad when i sent the order.. chasing cuz i missed a prior entry

13:01

LONG LVS 46.79
STOP 46.65
TGT 47.07

out -0.17

 

14:38

SHORT FCX 55.94
StOP 56.05
TGT 55.72

 

out half +0.22

 

tailed it tight, basically +0.22 on the whole lot when i slippped on my exit..

 

<img src="http://puddles.humanfund.ca/20110207/spy.png">

<img src="http://puddles.humanfund.ca/20110207/nov.png">

<img src="http://puddles.humanfund.ca/20110207/unh.png">

<img src="http://puddles.humanfund.ca/20110207/lvs.png">

<img src="http://puddles.humanfund.ca/20110207/fcx.png">

10:10

LONG NOV 78.2
STOP 77.99
TGT 78.62

- Daily long list
- Tight higher low, support at .00
- out +0.4

10:14

SHORT UNH 41.68
STOP 41.8
TGT 41.44

- Weak and red on a very strong day in the market
- Tight lower high about 20 minutes after a big selloff
- Probably shouldn't have been short anything on a day this strong until SPY showed some weakness
- out -0.13

13:01

LONG LVS 46.79
STOP 46.65
TGT 47.07

- Missed a perfect entry around 12:40
- Chased the next one
- out -0.17

14:38

SHORT FCX 55.94
StOP 56.05
TGT 55.72

- FCX weak from 11:30 onward
- SPY chopping at the top of it's range but drifting lower
- FCX showing slight support at .95
- Short the break
- out +0.22

http://puddles.humanfund.ca/wp/2011/02/07/2011-02-07-trades/

 

11:02

SHORT X 58.64
STOP 58.51
TGT 58.3