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

Puddles,
Thanks for putting your trading journal.

How is your return YTD so far?

freewilly

 

decided to run some #s..

in 2010 i was 43% on fridays..

in 2011 so far..

<img src="http://puddles.humanfund.ca/20110520/friday.png">

might be time for a 4 day trading week..

 

126-190, just a hair under 40%. this year i'm tracking actual r:r and it's currently 1.77:1..

 

Thanks, puddles.

Guess with this winning ratio, you still make money.

What is YTD percentage gain of your account? Or you guys calculate differently as you guys can leverage up?

 

i'm currently trading small size as i'm just entering my 2nd year of trading. at smaller size i have to deal with rounding issues as well as platform fees which require a few nice winners to pay for. my YTD after all fees is not much above break even..

the profits will come when i size up but i'm taking my time as my win rate isn't where i want it to be in 2011.. luckily trading is not my primary (or secondary) form of income so there is a lot less pressure.

 

Good for you. I am glad that you are taking a slow approach.

Good luck to you.

Freewilly

 

9:33

SHORT RIMM 42.99
STOP 43.1
TGT 42.69

out -0.15

nice work shorting the bottom

10:05

SHORT LVS 40.62
STOP 40.73
TGT 40.4

out +0.22

 

<img src="http://puddles.humanfund.ca/20110523/spy.png">

<img src="http://puddles.humanfund.ca/20110523/rimm.png">

<img src="http://puddles.humanfund.ca/20110523/lvs.png">

9:33

SHORT RIMM 42.99
STOP 43.1
TGT 42.69

- market gaps down
- short the break of the round #
- dead wrong
- out -0.15

10:05

SHORT LVS 40.62
STOP 40.73
TGT 40.4

- around 10am SPY has chopped to near the top of it's daily range on a weak day
- LVS big sell bar at the open, chopped to bottom of it's range
- tight lower high
- out +0.22

http://puddles.humanfund.ca/wp/2011/05/23/2011-05-23-trades/

 

9:42

SHORT RIMM 42.93
STOP 43.03
TGT 42.73

out +0.2

9:57

SHORT UNH 47.95
STOP 48.11
TGT 47.57

out -0.2

i shouldn't have been in this with 10am #s

10:05

SHORT JDSU 19.34
STOP 19.45
TGT 19.12

out -0.12

10:14

SHORT MDT 40.00
STOP 40.11
TGT 39.78

out -0.11

 

Hi Puddles,

How did you enter LVS on Monday? The 10:00 bar went from a High of 40.72 to a low of 40.63. You entered a penny below that bar, as you almost always do. But how do you get that price? Do you set a stop limit order at 40.62? Or do you set a stop market order at 40.63 and they fill you at 40.62? Or do you just sniper the stock and as soon as it gets to you entry you whack it with a market order?

It's funny I know, but I'm just wondering how you can get filled so consistently at exactly one penny below the bar. Even with high volume stocks that can be hard to do sometimes, but you always seem to do it.

Thanks,
+-*/ Math_Wiz