Swing Trading Paper Trader

The purpose of this journal is to record down all my trades, so that i could learn from see my own mistakes, and fine tune the system that I'm using, before committing myself into using real money.

I'm here to share, to learn, and to improve myself. Therefore, I welcome any form of feedback/critics/questions.

Anyway, the system I'm using basically captures small swings. The reason I'm using it is because it suits my lifestyle, which doesn't need me to be glued in front of the monitor 24/7, day trading.

Anyway, I really do hope this post serves a good purpose and does bring benefit to the major parties.

^_^

 

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BTO LXU @ $26.10 (15Jan,08)
STC LXU @ $24.00 (17Jan,08)
P/L(%): -8.05%
=========================
YTD P/L(%): -8.05%
=========================

 

========================
STO UBB @ $130.81 (16Jan,08)
BTC UBB @ $126.00 (17Jan,08)
P/L(%): +3.68%
========================
YTD P/L(%): -4.37%
========================

 

Entered 2 trades last nite.

===========================
LONG MYD @ $14.32
- stop $13.87, target $14.70


LONG NNP @ $14.45
- stop $14.17, target $14.80

===========================

 

Received a trading signal on the system.

LONG EVP and set a stop lost $13.01.

Target can be set at around $14.40.

Trade on your own risk. I don't think I'm gonna enter this trade, as it looks a bit risky to me.

 

2 watchlist to enter for This coming Monday:-

==================
SHORT GS
- Stop $202.00
- Target ~ $180

SHORT HAS
- Stop $25.05
- Target ~ $22
==================

 

Another idea on top of those 2 that I've mentioned ...

MS
- Stop $52.39
- Target ~ $43

 

STO MS @ $48.65.
- Stop $52.39
- target ~$43



--------------------------------------------
Current Position:-


LONG MYD @ $14.32 - stop $13.87
- target $14.70
==================
LONG NNP @ $14.45 - stop $14.17
- target $14.80
==================
SHORT MS @ $48.65 - stop $52.39
- target $43
--------------------------------------------

 

Trading Idea for 29th Jan, 08


===================
HWAY - LONG
- stop $63.29
- target $69.50

PPDI - LONG
- stop $43.28
- target $48.50
===================

 

No trades for today.

Still holding these 3 positions:-

--------------------------------------------

LONG MYD @ $14.32
- stop $13.87
- target $14.70

LONG NNP @ $14.45
- stop $14.17
- target $14.80

SHORT MS @ $48.65
- stop $52.39
- target $43
--------------------------------------------