Weinstein Trading and Fading

Discussion in 'Journals' started by Robert Weinstein, May 5, 2008.

  1. p.s. we were programmig easy language trade station back in 2003... you guys are sooolate to the game.. and ninja..none of this stuff is going to make you profitable.. you either have it or you don't!

    Stop searching for what you think works and look at your current trading and focus on what is not working and fix that!!!!!!!!!!

    Laughing even harder than before! So you throw up fake numbers RObert .. and many who check your journal do not read the superfluous bull crap that you write .. all they do is look at the numbers... well no matter what the numbers are still red!!!!!!!!!! BLEEING RED..

    Anyway it only further proves the point that on ET you can post anything you want to whether it is fake or real and no one knows the difference!!!!!!!!!!!! You proved this with your fake huge loss and mentioned that it was really still a loss but much smaller.. so now you play games with followers of your journal.. psychopath behavior.. like a cat plays with its prey before it eats it.. ha ha ha

    Anyway.. u still are a net loser and no excuse or "BLOTTER" fake or real will ever prove otherwise... excuses excuses excuses.. i only write on here when I am bored and need a good chuckel!!
    THIS IS ENTERTAINMENT
     
    #1431     Feb 8, 2010
  2. The market has been exceptionally tough this last year, a lot on the assent and lightspeed desks that i know of are struggling, freaking volume on the NYSE at 1pm is 500 mill only my god...this will take out many traders, everyone needs to preserve their capital at this pt in time and take it easy.
     
    #1432     Feb 8, 2010
  3. What you think and speak is usually what you get in life.
     
    #1433     Feb 8, 2010
  4. I am glad your entertained. Life is way to short not to have fun.

    Really what other reason would someone that is not trying to learn from reading any given website have.

    I am responding so it does not give the appearance that your incorrect statement is actually being perpetrated by me.

    I am not in law school. I am in school yes but it will be another year before law school.


    All kidding aside if I was as convinced as you appear to be about a signal why would you not trade it. It sounds like your saying "I know this great signal but....... I am not going to trade it but I really know its good" it really would not be that hard to take the other side. see how you do?

    Regardless. I hope you do find a way to make some money and that you have a good year trading.


    Best

    Robert

     
    #1434     Feb 8, 2010
  5. Hehe. That was too funny. :)

     
    #1435     Feb 8, 2010
  6. Hi NoDoji,

    Hmmm, interesting point. But we are talking flame broiled...
     
    #1436     Feb 8, 2010
  7. I stayed busy for much of the day today

    I started out with CAGC and HAS.

    Entered into HAS early and it cost me some gains. I traded it several times today and just never could get much with it as it stayed in the opening range. Shorted again when it moved higher into the close for a small carryover + 106

    FCX was my carryover from Friday and I became a little frustrated with IB this morning with it. FCX traded down in pre market trading and started to move higher so I tried to close it out and call it good. I entered the order and it did not fill on the offer and the color did not turn green to show it was live. The settings had changed to “opening” order default so even though I had set the permissions to allow for outside normal hours the order did not go live. By the time I figured out what was happening and was able to find the location to change it the price continued to move against me into the red. IB may have cheap commissions but their software matches it and makes me wonder often if there really is any savings when its all factored in. I am unsure why it changed as I never used opening orders at my home (which is where I was at that time). I came in the office and right after the open I closed it out for a loss. It moved about $2 against me before it turned around so I am glad I exited and didn’t have to either take a larger loss or ride that through which was not going to happen in that stock.- 24

    CAGC + 268

    ERTS afterhours earnings trade + 49
    SPY + 3

    still small short TM feb 65 puts.

    I am also paying a lot of attention to the 30yr Tres futs. I am looking for an entry to sell call options.

    + 403
    - 1173 Month
     
    #1437     Feb 8, 2010
  8. Admire your honesty here.

    Quick question . . . have you thought about a longer timeframe? And positions that you don't have to watch on an hour by hour or tick by tick basis?
     
    #1438     Feb 8, 2010
  9. I closed out HAS in afterhours. It moved against me and I decided I could enter again tomorrow if it looked worth while.

    -15
     
    #1439     Feb 8, 2010
  10. Hello MohdSalleh,

    Thanks for reading my journal and for taking the time to post.

    I have to agree. The market has slowed down for me quite a bit and so I have had to change grears somewhat too. I guess the market is always probably changing and requiring us to adapt if we are to continue to make money. Anyone working as a specialist on the NYSE 15 years ago can tell us about that.

    Best to you and your trading

    Robert


     
    #1440     Feb 8, 2010