Weinstein Trading and Fading

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

  1. Good day. Started out on a positive note by trading both sydney and hong kong on one of my best nights of late night trading.

    All trades today worked out well.

    I did buy some LVS in my TS account as a hold. maybe has some it can go down but I think its wise to bet with the house on this one. of course risk management is not getting thrown out the window either and if LVS decides it wants to be a $5 stock I will not hold it that long to see it.

    I tried some scalping today in an attempt to gain some volume and bring my trading cost down but its not a focus.


    QCOM + 23
    S: news

    LVS + 931
    S: discretionary

    GM + 29
    S: news

    CNO + 146
    S: discretionary (up over 50% at one point)

    CBL + 63
    S: POS stock

    + 1194 day
    - 274 week / month

    15264 shares
    96048 shares / mth
     
    #411     Nov 6, 2008
  2. Really tired today. Traded Asia last night and so I didn't get much sleep.

    Traded the open of the QQQQ for a nice gain. + 449

    LVS + 146
    S: discretionary (oversold)

    GS+ 272
    S:news

    GM + 135
    S: news

    F + 3
    S:news

    + 1007 for the day
    + 733 month / yr

    28400 shares
    124448 shares mth
     
    #412     Nov 7, 2008
  3. I guess a little more tired than I knew at the time.

    should be +733 Week / month.

    The year I am happy to say is better than 733 : o )
     
    #413     Nov 8, 2008
  4. Traded the HSI last night and while I made money I didnt hold long enough to make some really good money that it was giving out.

    DPTR + 813
    S: discretionary

    GM + 95
    S:news

    LVS + 953
    S:news, also a part of portfolio in TS account

    + 1861 Day / Week
    + 2594 Month

    62400 shares
    186848 shares / mth
     
    #414     Nov 10, 2008
  5. I just started a blog last night and will be working on that project for a while to get it up to speed. I am putting my thoughts and trading ideas in it as a record to be able to look back as see the results.

    I will let everyone know when its to the point of looking somewhat professional (for someones first blog that is)

    + 3887 day
    + 5748 week
    + 6481 month

    87,400 shares
    274,248 shares / mth
     
    #415     Nov 11, 2008
  6. Love the blog plan! I have a Microsoft Live website set up that I had planned on doing a like idea. I have yet to get it past the basic stage. I need to pull an all nighter and get some of this done. While I'm posting...how has your experience been with IB for fairly active trading? I was with them quite awhile ago now and had various problems, but I'm sure things have improved. Feel free to pm an answer.
    Take care
     
    #416     Nov 11, 2008
  7. Started out as a great day and ended as an ok day.

    Holding LVS and PLD

    + 2568 day
    + 8316 wk
    + 9049 mth

    88700 shares
    362,948 shares / mth
     
    #417     Nov 12, 2008
  8. The word of the day is "tired". Was up way to late trying to figure out how to get my new blog going.

    its gonna be an early night to bed for this cowboy tonight.

    Several mistakes with a "fat thumb" cost me some real dollars. Not real happy about that but I am happy that I was willing to take corrective actions in a timely manner and minimize the cost.

    still short GE 16 nov puts.

    + 1237 day
    + 9553 wk
    + 10286 mth

    39100 shares
    402,048 shares / mth
     
    #418     Nov 13, 2008
  9. Thanks for posting. had problems with blogger and now moving over to wordpress. Setting it up is a lot more work than i thought it would be.

    I like IB for the cheap commissions and the selection of what I can trade. the accounting on the control panel is a mess and customer service is spotty.

    It seems that if your with IB long enough you will have problems as they have so many problems. At the same time I have TS and they have problems also so I generally try not to get to worked up about it.

    Have a great weekend

    1R
     
    #419     Nov 14, 2008
  10. Friday, wow here we are. tough week with all the drama of having any type of trade on. Never know from one min to the next if your eating steak or ramon noddles for dinner.

    + 1718 for the day
    + 11271 for the week
    +12004 mth


    22400 shares
    424,448 shares


    * I scalped ADM for about $11, thats the diff in gain and shares
     
    #420     Nov 14, 2008