11:02 LONG JDSU 27.03 STOP 26.81 TGT 27.47 moved stop to .97 after it held near the .20s out -0.06 (gonna regret that stop move soon)
<img src="http://puddles.humanfund.ca/20110211/spy.png"> <img src="http://puddles.humanfund.ca/20110211/mcp.png"> <img src="http://puddles.humanfund.ca/20110211/jdsu2.png"> <img src="http://puddles.humanfund.ca/20110211/sndk.png"> <img src="http://puddles.humanfund.ca/20110211/rig.png"> <img src="http://puddles.humanfund.ca/20110211/jdsu5.png"> 9:34 SHORT MCP 48.74 STOP 49.01 TGT 48.23 - niccy tells me MCP on her short list - big gap down, looks pretty week - short LOD - should have waited to see if SPY could break .80 support. - out -0.39 9:40 LONG JDSU 26.07 STOP 25.88 TGT 26.45 - JDSU a beast this week - long over the higher low.. the tail was a litlte suspect but JDSU and the market looked like it want to go higher - out +0.37 9:45 SHORT SNDK 50.2 StOP 50.31 TGT 50.00 - SPY looking to close the gap - SNDK ranging at the lows - Sell the LOD.. - out -0.15 10:38 SHORT RIG 76.99 STOP 77.18 TGT 76.61 - As SPY shows big strength RIG keeps jamming against 77.00 support - short the break - out -0.26 11:02 LONG JDSU 27.03 STOP 26.81 TGT 27.47 - Long the range break at the highs - During this time the Egypt news was coming out (whats his face stepping down) - Markets were a little uncertain IMO and JDSU was hanging well in the .20 area - Moved my stop to the low of the next higher low - JDSU gets to .82 and runs to tgt. ugh - out -0.06 I should not have been fighting the tape today with so many shorts. 7-10 week, 14-15 month (48%) http://puddles.humanfund.ca/wp/2011/02/11/2011-02-11-trades/
Hi, Puddles, Thank you very much for putting up your trading log everyday. I probably should follow your thread last year. So this month, your win rate is 48%, not bad at all if you can manage to get winning: losing = 2:1 (or close to that with slippage). Do you get that this month? So basically, if I understand correctly, last year, your win rate was 44% and you managed 40% return? That's remarkable.
Correct, I aim for 2:1 on all trades, with slippage that doesn't always work out. Today my losing trades got smashed with slippage. 3 of my losing trades had an actual r:r of 1.2:1 or worse. For the month of february my actual R:R is closer to 1.7:1.
9:33 SHORT AMT 56.59 STOP 56.71 TGT 56.38 out -0.18 9:36 LONG SNDK 52.17 STOP 51.99 TGT 52.53 out +0.35
9:51 SHORT JDSU 27.91 STOP 28.12 TGT 27.49 out -0.22 might have been a few days early on this one.. 10:03 SHORT RIMM 66.51 STOP 66.70 TGT 66.13 10:10 LONG SLB 91.87 STOP 91.62 TGT 92.37 STOP