Weinstein Trading and Fading

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

  1. Started out as a good day and I tried to make more out of it. didnt work out well so far but I am short XCO and it hasnt broke the down trend yet. I did trade XCO back and forth by scalping it.

    XCO - 2964

    QQQQ + 12

    LVS + 139

    HK + 221

    CX + 73

    CBL + 481

    - 2035 for the day / week
    + 9051 for the month

    34,800 shares
    123,180 shares / mth
     
    #351     Oct 6, 2008
  2. XCO started out on the wrong foot today and went against me before it started to continue its way down. Scalped it on its way down and while not fully getting back to even I did well. + 505

    Traded YGE, holding overnight

    GGP +548

    also scalped the ES during pre market + 90


    + 1144 for the day
    - 891 for the week
    + 10195 for the month


    43,000 shares
    166,180 shares / mth
     
    #352     Oct 7, 2008
  3. Mostly a slow day, especially after about 11AM CST.

    Trying to keep the powder dry and also want to be careful in this market.

    closed out the YGE carry over from yesterday at a great price of 2.50 (hod up to that point) + 159

    XL was the best trade of the day + 867
    S:H

    DRH + 159

    S:H

    + 1185 for the day
    + 294 for the week
    + 11380 for the month

    4800 shares
    170,980 shares / mth
     
    #353     Oct 8, 2008
  4. What a great day. I actually drove to work and thought it would be a slow day.

    Not at all the case. The best part was I actually didnt need to use any leverage although I thought LNC may kick some in as it was looking very good.

    While I started out trading right away and closed out LNC near the end of day, most of the day was just simply sitting and waiting for the charts to fully setup.

    LNC + 2066
    S:H

    I am missing my signals for the rest as TS is once again having problems

    XL +484

    SLM + 467

    PRU + 1050

    HUN + 859

    CX +9

    + 5127 for the day
    + 5421 for the week
    + 16801 for the month

    36302 shares
    207282 shares / mth
     
    #354     Oct 9, 2008
  5. Best day of the week and most likely would have been better if tradestation software would work.

    As a result I only traded three different stocks and only scalped them.

    SLW + 72

    MS + 4122

    CHK + 2809

    + 7004 for the day
    + 12425 for the week
    + 23805 for the month

    73600 shares
    280,882 shares mth
     
    #355     Oct 10, 2008
  6. Sunday night and the dow futures is up about 280.

    Looking for a place to go short.
     
    #356     Oct 12, 2008
  7. found my first entry (scalling in)

    short YM @ 8678 a hair over 300 points up from the close
     
    #357     Oct 13, 2008
  8. As expected I did only short today. I traded mostly the YM and did pretty well.

    During the close I faded the move up and as of this post I am still short the YM and fading the aftermarket move up. Perhaps this will have some legs and keep going but I am thinking the market is headed down before up.

    once again TradeStation doesnt work well. Going to reinstall the whole OS and try it again. Perhaps it was the antivirus making a filter issue. Not sure.

    YM + 1924

    QQQQ + 48

    MS + 958

    + 2932 for the day / week
    + 24098 for the month

    19400 shares
    300,282 shares / mth


    post delayed due to ET being down
     
    #358     Oct 14, 2008
  9. Took a beating with the YM last night and with XL today. I did make a few dollars today with YM but not even close enough to make up for the loss.

    I really thought we would pull back down from the rally yesterday. I guess I was right but early which is just as bad as being wrong.

    Once again today I had nothing but problems with my Tradestation computer. I did do a reinstall of the TS software this last weekend but its only better but not fixed.

    Now I am installing Xp64 on the box and I hope to solve my problems. I could have put XP pro back on but since I had x64 on hand and the computer is a dual xeon with 4 gig of ram I thought it may end up to be much better.

    I did make some gains trading the HSI last night but I dont count that in this PnL

    YM - 6365 (first time at bat with the YM)
    XL - 2098 (tried to fade the move up but started too early)
    TCB + 167
    S:H
    IBKR - 169 (swing trade)

    -8466 for the day
    - 5534 for the week
    + 15632 for the month

    66160 shares
    366,442 shares / mth

    TCB is on a watch list for tomorrows open
     
    #359     Oct 14, 2008
  10. slowest day for me in months.

    Not easy to find good setups in this market when your standard MO is to short fade.

    As I type this we are down about 9% on the major markets and what can I say beyond WOW. When did NY become some banana republic trading center?

    On a good note I changed over my computer running tradestation to XP64. It can now use the full 4 gig of ram and I am thinking of even adding more. Ran like a champ all day so far.

    trades today are small in volume and in number of trades.

    QQQQ + 51

    DIA - 30

    CBL + 232

    EBAY ?? unknown as I am trading it as I type this. so far I closed out + 143 and my price is at ave 14.26 (can you believe ebay is 14 and change?? again wow)

    + 396 for the day
    - 5138 for the week
    + 16028 for the month

    22000 shares
    388,442 shares / mth

    numbers off from blotter due to trading ebay after screen shot.
     
    #360     Oct 15, 2008