Trading Journal - June

Discussion in 'Journals' started by Seanote, Jun 3, 2002.

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  1. Seanote,

    I know you play a little golf, as do I. Can you believe how tough that Open tract is? I think a scratch golfer would be lucky to break 100 the way that monster is setup.
     
    #321     Jun 14, 2002
  2. Seanote

    Seanote Guest

    Short 2k CYMI @ 36.30
     
    #322     Jun 14, 2002
  3. Seanote

    Seanote Guest

    Thank AAA and Mike for the replies. That track is rediculous. Mickelson said yesterday that he thought +4 or 5 would win. If the weather gets worse he mention +9 or 10. Now I want to play that course if I'm ever up that way just as a measuring stick.
     
    #323     Jun 14, 2002
  4. Seanote

    Seanote Guest

    Yes... I closed at 35.73 and just re-opened a new short.
     
    #324     Jun 14, 2002
  5. LadyLuck

    LadyLuck

    Keep up the excellent thread Seanote!

    I am curious do you pare into your 3k positions? eg if you are going long you enter:

    750s at 40.00

    750 at 39.90

    1500 at 39.50

    or something similiar?
    i think it's called reverse pyramiding ...

    thanks.
     
    #325     Jun 14, 2002
  6. mbg

    mbg

    Seanote -

    in a market environment such as this one, your trades are truly inspiring - you are a gifted trader IMO.

    mbg
     
    #326     Jun 14, 2002
  7. SoCal

    SoCal

    Depends on the volume, spread size, and volatility. Some of my trades on CYMI had 8 partial fills on a 2K lot. It depends on who hits my order since I'll split the spread most of the time. If I feel a run is about to happen and the spread isn't too wide I'll go ahead buy at the ask or vice versa. On other stocks I'll sometimes use the reserve feature and post between 700-1000 at a time.
     
    #327     Jun 14, 2002
  8. Seanote

    Seanote Guest

    Thanks for the answer SoCal.... ???
     
    #328     Jun 14, 2002
  9. Seanote

    Seanote Guest

    Closed 2K CYMI @ 35.90

    + .40 points
     
    #329     Jun 14, 2002
  10. Seanote

    Seanote Guest

    Thanks for the props MBG. I hope for continued success and feel very confident that I will. This is the first year I haven't had a lossing month by the summer since I revamped my trading 4 years ago so don't think every month is like the last few.
     
    #330     Jun 14, 2002
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