Taking 410K to 4million by Year End 2010

Discussion in 'Journals' started by neke, Jan 10, 2010.

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  1. NoDoji,

    Your Account > Edit Options > 40 Posts Per Page.

    :cool:

    I had to switch mine back to 10/page to find the graph. haha

    I have to say that is pretty impressive!
     
    #791     Aug 1, 2010
  2. Interesting choice of words, 'wanted' as opposed to regret.

    Most option positions aren't 'wiped out' on the 4th Friday of the month.
     
    #792     Aug 1, 2010
  3. ~~~

    ~~~


    on 06-14-10 you sounded so stressed down 39k on 06-12.. you said you needed a shower but i said Nope.. you need to go to a remote beautiful island and off your ipone .. relax and come back refresh ..

    Good finally you are thinking of going for a vacation...Have a Great Trip!
    :D
     
    #793     Aug 2, 2010
  4. neke

    neke

    Weekly Update for week 29/50 ended 07/31/2010

    Light week of trading, down 3K(1.3%).

    Made 8 automated trades Mon, Tue, Wed as I was involved in an allday workshop, and was having +1.2K to show. Made one discretionary trade on Wednesday afternoon fading the SPY move and that was a loss that wiped out the automated gains and more. Turned off my automation as I was on trip Thur/Fri and I didn't trust it enough to run unattended for days.

    It will probably be a slow grind from here till year end as I concentrate more on improving my automation.


    Code:
    
    Opening Balance:                	228,322
    Net loss for the week 		          3,032
    ------------------------------------------------
    Net Balance:                   		225,290
    
    Number of Trades	            	 9
    Number of Profitable Trades    	    	 5
    
    
    Since Inception of Thread   01/10/2010 - 07/31/2010
    
    Opening Balance:                   	410,000
    Net loss(Less Margin Interest)		184,710 (Down 45%)
    ------------------------------------------------
    Net Balance				225,290
    
    Number of Trades	           	915
    Number of Profitable Trades        	478
    
    
    BREAK-DOWN BY AUTOMATED/DISCRETIONARY
    
    		Number    P/L           Best Gainer	Worst Loser
    
    AUTO             8       1,191.00        1,504.70        -1,398.40      
    DISCR            1      -4,188.60            0.00        -4,188.60    
    
    


    [​IMG]
     
    #794     Aug 2, 2010
  5. neke

    neke

    Weekly Update for week 30/50 ended 08/07/2010

    Nice week, up 18K (7.9%).

    Week began badly on Monday when I shorted HUM after the earning on leverage. Lost 7K in that one. Started a nice comeback on Tuesday on both the automated and discretionary front, including gains on PCLN long/call options, and finished the week 18K higher.


    Code:
    
    Opening Balance:                	225,390
    Net gain for the week 		         17,868
    ------------------------------------------------
    Net Balance:                   		243,258
    
    Number of Trades	            	 28
    Number of Profitable Trades    	    	 17
    
    
    Since Inception of Thread   01/10/2010 - 08/07/2010
    
    Opening Balance:                   	410,000
    Net loss(Less Margin Interest)		166,742 (Down 41%)
    ------------------------------------------------
    Net Balance				243,258
    
    Number of Trades	           	943
    Number of Profitable Trades        	495
    
    
    BREAK-DOWN BY AUTOMATED/DISCRETIONARY
    
    		Number    P/L           Best Gainer	Worst Loser
    
    AUTO            15      5,862.40        2,411.90     -2,745.80       
    DISCR           13      12,106.70       8,072.00     -6,904.60      
    
    
    TOP/BOTTOM DISCRETAIONARY TRADES
    
    PCLNAUG212010270.0CALL	2010-08-04-09-43-57	2010-08-04-15-35-12	4000	53980	62140	8072	PCLN CALL
    PCLN			2010-08-03-18-18-42	2010-08-04-10-30-16	300	80250	84300	4035	LONG
    PPO			2010-08-05-09-40-20	2010-08-05-11-22-26	6152	167961	165246	-2746	LONG
    HUM			2010-08-02-09-34-07	2010-08-02-15-18-53	15000	727482	720666	-6905	SHORT
    
    


    [​IMG]
     
    #795     Aug 6, 2010
  6. NoDoji

    NoDoji

    Nice, Neke! Good to see you playing off the trend and the scrambling shorts on PCLN :)
     
    #796     Aug 6, 2010
  7. TGpop

    TGpop

    :) that's the style

    hey; i'm considering learning more about options....but find natenberg so dense and it just doesn't sink in ! any advice on more beginner friendly books?
     
    #797     Aug 6, 2010
  8. neke

    neke

    Yeah, that stock had monster follow on rallies all week. I wish I held for more!
     
    #798     Aug 6, 2010
  9. Picaso

    Picaso

    Congrats, Neke, good to see you keep proving the naysayers wrong.

    Oh, 18K can buy a really nice vacation in Bahamas with the Miss and a new no-memory-effect battery for your trading engine - just saying :)

    Good trading.
     
    #799     Aug 6, 2010
  10. neke

    neke

    Weekly Update for week 31/50 ended 08/14/2010

    Sad week, down 23K (9.3%).

    Just when I thought I have taken a step forward, now a giant step backward. Started on Monday going long HPQ amidst the early sell off. Averaged down, and the result was -11K loss. Pared the loss the remainder of the week, especially Thursday longing the market in the early sell-off. Then gave back even more on Fri buying JWN (My automated shorted the stock, when I saw it, decided againts it, and instead went long, then averaged in as it went againt me. Result -16K.

    Heartbroken.

    Had a glitch with my automation that took some unwanted positions at the open Tuesday (Was testing my automation the prior night, did not realise it left a bunch of open orders until the market started on Tues when some of them got filled. Glad it cost only 2K).

    I need a moment of reflection.


    Code:
    
    Opening Balance:                	243,258
    Net loss for the week 		         22,740
    ------------------------------------------------
    Net Balance:                   		220,518
    
    Number of Trades	            	 26
    Number of Profitable Trades    	    	 13
    
    
    Since Inception of Thread   01/10/2010 - 08/14/2010
    
    Opening Balance:                   	410,000
    Net loss(Less Margin Interest)		189,482 (Down 46%)
    ------------------------------------------------
    Net Balance				220,518
    
    Number of Trades	           	969
    Number of Profitable Trades        	508
    
    
    BREAK-DOWN BY AUTOMATED/DISCRETIONARY
    
    		Number    P/L           Best Gainer	Worst Loser
    
    AUTO            14      -1,988.20         635.00    	 -1,314.20      
    DISCR           12     -20,752.30       6,248.60   	 -16,368.50     
    
    
    TOP/BOTTOM DISCRETAIONARY TRADES
    
    SPYAUG212010107.0CALL	2010-08-12-10-42-35	2010-08-12-15-58-18	30000	75450	82125	6249	SPY CALL
    HPQ			2010-08-09-09-32-24	2010-08-09-12-12-47	18000	780539	769184	-11410	LONG
    JWN			2010-08-13-09-53-28	2010-08-13-13-41-31	24000	763569	747332	-16369	LONG
    
    
    


    [​IMG]
     
    #800     Aug 13, 2010
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