Not much today. I was able to buy back the ANR Jun 100 Calls + 120 some small scalps URI + 50 DPTR + 79 RF + 18 + 275 for the day + 1034 for the week + 13882 for the month + 54845 for the year
Once again not much to report. Only one signal and it was to go long. I went long ALD but used very small size again. ALD + 169 S:6b+ some scalps during the day made things worth while AGU + 132 MOS + 762 HK + 113 FDG + 73 MEE 416 ENER + 111 + 1775 for the day + 2809 for the week + 15657 for the month
Without actually checking the number because I make a point NOT to pay attention to it, I would say I have about a 97+ % win rate. When I lose its about 6-8X times the amount that I ave when I gain for shorts and about 10-12x the loss of my gains for longs. As a result I have changed my long entry setup and also am using very small size when I enter (for example todays long) I expect due to the changes that the long loss ratio will fall more inline with the shorts.
Your "scalping" has been worth while on its own even if you are not getting many signals from your system. Nice trading. Do you follow a similar style when scalping (fading and scaling) or are you able to run a scalp system separate from your main system? Keep up the great trading. You seem to be getting stronger and bigger every day....
Read through your journal today, Bob, and must say that your results are outstanding! Actually I really don't remember at all for you to perform a losing scalping call in a chat! 97% is great result and losing trade being 6-8 times more than average winner is not too big price to pay for such a hitrate really... Keep up the great work... Your style is definetely outside of the box where minds of most traders live...
Hello Jegnyr, Thanks for taking the time to say so. Very nice of you. I use completely different signals to setup the 'trades' and the scalping. one has very little to do with the other. I am currently working on getting more scalping candidates so that I can stay busy all day. Best of trading to you Bob
Crazy day today. Did a lot of shares as I have been trying to increase my monthly share size. My goal is to bring it to 600K per month as the next step. anything above 300K is basically free trading after rebates. Received a couple of signals today Yhoo + 334 BIG + 117 S:6b and S:6b+ rest of the day was busy scalping SNDK + 3 SLM + 111 FDG + 261 ENER + 453 CMI + 29 I also bought 2 GE @ 29.01. No signal. Just feel its a good buy at this price level. Has a great yield and I think very limited downside risk. + 1310 for the day + 4119 for the week + 16967 for the month
Thanks a big bunch CFerret !!! It means a lot coming from a trader like yourself. I hope to be able to keep it up and to explore some new trading ideas I have. Best to you sir Bob
Just a couple trades today. FITB which was long and I was very small with. + 128 S:6b+ lots of shares scalped for me today MEE + 1529 AW + 75 ANR + 192 OCR + 349 Shorted MEE into the close looking for a lower open on Monday. S 4 @ 81.77 so thats up a little bit as of this post Still long 2 GE @ 29.01 Still short covered CVX which is slightly in the red + 2272 for the day + 6391 for the week + 19239 for the month