Weinstein Trading and Fading

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

  1. Yeah getting that way.

    I think we have months to go before we even know if we are getting to the bottom of the housing pricing problems.

    At any rate its probably only going to get cheaper compared to more free market economies.

    I am planning on going to the trading show in vegas in November. started looking at tickets today.
     
    #281     Sep 4, 2008
  2. great day today.

    Not my best day but I think its my second to the best day. regardless I will be happy to take it.

    SSCC carry over from yesterday worked out well. Closed during the open + 774

    PSS went on fire today. faded the move up at the open and went large with the number of shares. closed out the trade in about twenty mins with a gain of just short of $4000. Faded it again during the noon balloon and ened up closing out with another gain. + 4292

    Scalped TEX + 346

    Traded Qs + 101

    + 5514 for the day
    + 11161 for the week / month

    57100 shares
    194,372 shares / mth
     
    #282     Sep 4, 2008
  3. Watched the open of HSI and as expected opened with a huge gap lower. Traded lower beyond that as expected and I faded the move down to scalp HKD2280 which is just under $300 US.

    Going to stick with the low lying fruit tonight and call it a day unless something else comes up that is very easy to get.
     
    #283     Sep 4, 2008
  4. NoDoji

    NoDoji

    That's a lot of PSS shares, 1R. How did you stay so calm when they topped $18 :eek: :D
     
    #284     Sep 5, 2008
  5. Who said anything about remaining calm??

    LOL

    it was within the range so I was ok......
     
    #285     Sep 5, 2008
  6. Good day. No standard signals so I just scalped the day from start to finish.

    Flat except GE, some RICK that is the green and UST which I shorted during after market trading.

    UST + 94
    TEX + 511
    SNDK + 570
    RICK + 125
    QQQQ + 70
    PSS + 280
    NOK + 177

    + 1830 for the day
    + 12991 for the week / month



    42,542 shares
    236914 shares / mth
     
    #286     Sep 5, 2008
  7. closed out of UST + 4 and change
     
    #287     Sep 5, 2008
  8. Good day today. Actually started last night in asia so I had a good idea what to expect.

    had a couple of signals.

    TCB + 3514
    S:6b

    PSS + 1159
    S:lori

    FDO + 157
    S:lori

    sold RICK from friday + 430

    scalped
    FRE + 0
    FNM + 0

    + 5332 for the day / week
    + 18323 for the month

    60,714 shares
    297,628 shares / mth
     
    #288     Sep 8, 2008
  9. There is really a special feeling when you break a record. Funny how even if its broke by a dollar or two that you will really value it.

    I had a record day today before noon and considered taking the rest of the day off. I was up about 8600. I decided to keep trading and try to ride the success that I was having. It was a good choice as I smashed my old record by the end of the day.

    I did not trade right at the open. It appeared that it may be a very slow day. I was wrong as my first trade of the day turned into my best trade ever.

    TRA + 6165
    S:Lori

    Scalped
    QQQQ + 56

    LEH + 3741
    S:Lori

    IBKR + 61
    no signal

    ATI + 448
    S:Lori

    Now long covered GE, RICK and IBKR, LEH, as swing trades.

    + 10,473 for the day (new record)
    + 15,805 for the week
    + 28,796 for the month

    109,399 shares (new record)
    407,027 shares / mth
     
    #289     Sep 9, 2008
  10. Congrats on the record day. Keep up the good work.
     
    #290     Sep 9, 2008