Trading Journal - July

Covered 3000 CRUS @ 6.85

+ .52 points

I still like the short side on this stock but there have been 2 gap downs today on low volume so I think the MMs will run it back up at some point today.

 

Long 3000 IBM @ 67.33 (avg.)

Swing Trade

 

Long 3000 QLGC @ 36.04 (swing)

 

Do you plan to take any action with MLNM before closing today?

Thanks.

 

No. I'm holding overnight.

 

Long 3000 AMZN @ 13.81 (swing)

 

TODAYS EXECUTIONS:

15:55:56 AMZN BOT 3000 13.81
15:45:13 QLGC BOT 3000 36.04
15:44:00 IBM BOT 3000 67.33
12:35:57 CRUS BOT 3000 6.85
12:04:20 IBM SLD 3000 69.70
11:47:31 IBM BOT 3000 70.15
10:38:02 MLNM BOT 4000 11.70
10:21:35 TTWO BOT 2300 19.88
10:19:42 IBM BOT 3000 71.00

OPEN POSITIONS:

LONG IBM 3000 67.33 +0.08
LONG QLGC 3000 36.04 -0.11
LONG AMZN 3000 13.81 -0.15
LONG MLNM 4000 11.70 -0.67

CLOSED P&L: $4,462 OPEN P&L: ($3,220)
MTD: $4,462 YTD: $259,829

 

Thanks for a quick response regarding MLNM.

Enjoy reading your posting and keep up the good work.

 

Hi Seanote, I really enjoy reading your journals, however I'm a bit confused as to how you calculate your open profit. For example today you have 4 open positions left over night

>>LONG IBM 3000 67.33 +0.08
>>LONG QLGC 3000 36.04 -0.11
>>LONG AMZN 3000 13.81 -0.15
>>LONG MLNM 4000 11.70 -0.67

>>CLOSED P&L: $4,462 OPEN P&L: ($3,220)


How did you arrive at the $3,220 for your open P&L? Do you have other positions that were not listed?

Thanks!

 

IBM +240
QLGC -330
AMZN -450
MLNM -2680

= - 3220


probably the brackets confused u - they indicate a negative result.

kev//