running money - 35% a year

Discussion in 'Chit Chat' started by coolweb, Mar 7, 2010.

  1. stopped , -0.04
    $400
     
    #491     Oct 5, 2010
  2. #2nd try
    SHORT FAS
    22.52
    stop 22.55

    much lower shares, more of a price action learn.
    Same trade pattern, different timing.
     
    #492     Oct 5, 2010
  3. Heres whats going to happen next 12:16
    trend is changing down
    4 bars red to the downside
    OR
    stopout @ 22.54 or .55


    ======
    shares added @ .52
     
    #493     Oct 5, 2010
  4. added more short @ 22.52
    still on the trade.
    the inflection point is here.
     
    #494     Oct 5, 2010
  5. exited 22.57 -.05

    inflection point was there, just not to my direction.
     
    #495     Oct 5, 2010
  6. -700 down today

    Not a big issue, shit happens.
     
    #496     Oct 5, 2010
  7. Master of price action?? :confused:
     
    #497     Oct 5, 2010
  8. just a warmup trade, not really one of my setups.
    I don't make money shorting.
     
    #498     Oct 5, 2010
  9. You should learn to play both sides, why limit yourself?
     
    #499     Oct 5, 2010
  10. next week , I start trading in the company trading account.
    I'm having full auditing done by a big4 accounting firm every year, most likely pricewatercoopers if they even audit small corps, I don't know. This won't be a structured hedge fund, more of partnership fund with audited track records.



    I don't care for the structure because I have enough of my own capital, this would be my vehicle to have a legitmitized track record.
    maybe for future book deals/ recognition / CNBC / etc.
     
    #500     Oct 5, 2010