Weinstein Trading and Fading

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

  1. hi Bob,

    Looks like you are doing OK after that mid week nightmare. Let's start this week fresh :)
     
    #191     Jul 13, 2008
  2. no real trades but did scalp a lot. Record number of shares for me.

    ~90K shares.

    + 1885 for the day / week
    + 12566 for the month
     
    #192     Jul 14, 2008
  3. another big day for shares traded.

    Did have one nice trade off of a signal.

    HAS + 700
    S:6b+

    I scalped the rest
    WM 162
    WB 479
    OSIP 97
    MF 125
    FRE 459
    FNM 244
    ACAS 212

    + 2478 for the day
    + 4363 for the week
    + 15044 for the month
     
    #193     Jul 15, 2008
  4. Was up a little bit more but gave up some to lower the amount of WFC and PLCE I will be carrying over until tomorrow.

    PLCE is breack even going into tomorrow and WFC is down.

    WFC + 1134
    PLCE + 252
    ALTR + 49

    I did get one setup on
    JBHT + 473
    S:6b


    + 1467 for the day
    + 5830 for the week
    + 16511 for the month
     
    #194     Jul 16, 2008
  5. Carryovers from last night worked out well. Was able to short them both on the open spike and ride it down for profits.

    WFC + 1154
    PLCE + 537

    Had several S:6b+ today
    PWR + 511
    APH + 577
    BRL + 571

    Scalped
    OLN + 64

    Still have covered GE that expires tomorrow. Other than GE now flat.

    Will be watching on the open:
    WERN
    DELL
    OLN
    DLTR
    PLCE
    FAST
    APH
    BRL

    + 3413 for the day
    + 9243 for the week
    + 19924 for the month
     
    #195     Jul 17, 2008
  6. Was a good day to wrap up the week. Traded C to the short side on the open and that was the lions share of the gain today.

    Lots of shares of YRCW as I scalped it most of the day.

    I am ending today early or I would still be scalping YRCW or even holding over the weekend as I feel its overbought.

    so the whole day was scalps other than C

    C + 920
    BRL +55
    LEG + 30
    OLN + 56
    YRCW + 328

    + 1363 for the day
    + 10606 for the week
    + 21287 for the month
     
    #196     Jul 18, 2008
  7. It was a day of scalping for the most part.

    profit is a bit better than blotter due to some shares traded in after hours as I write this. Only going to report what I already have on blotter.

    I also called IB today because I was frustrated with my PnL always appearing wrong. I found out that IB uses FIFO (first in first out) to calculate PnL on the account page and average on the main TWS window. So when I carry a trade overnight my PnL will appear lower on the day I carry over and higher on the day of close. I wish it just used average cost as it would be easier for me to get a picture of what I really did

    + 1069 for the day / week
    + 22356 for the month
     
    #197     Jul 21, 2008
  8. SGR was closed out at a profit in after hours trading last night.

    I also traded AAPL for a small scalping profit as well.

    Will be looking to close out PBKS today.
     
    #198     Jul 22, 2008
  9. What can I say?? Record day. Everything went well and lots of trades.

    Lots and lots of scalps that kept me busy all day.

    My carry throughs from yesterday worked well and that started the ball rolling fast. By 11AM my time I had a record day and then capped it with a few more trades.

    still long JEF, CNC, YRCW for overnight. CNC and YRCW in the money and JEF is negative as of this post. I have after hours bids in as of this post.

    from yesterday
    PKKS + 2045

    OMCL + 1630
    WU + 1007
    YRCW + 491
    S:6b and +

    lots of scalps
    WCG + 28
    UAUA + 858
    JBHT + 47
    FDRY + 75
    CNC + 337
    BRL + 19

    +6555 for the day
    + 7624 for the week
    + 28911 for the month
     
    #199     Jul 22, 2008
  10. Jegnyr

    Jegnyr


    Nice! :p
     
    #200     Jul 22, 2008