Weinstein Trading and Fading

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

  1. NoDoji

    NoDoji

    Bob, I'm pleased to see you got that new Ritalin Rx finally filled :p
     
    #501     Feb 6, 2009
  2. LOL funny. wow what a lot of stocks being traded in one day. I spent the whole weekend in my office setting up and adjusting and upgrading computers / monitors so that I could be less stressed out when trading more than one stock
     
    #502     Feb 9, 2009
  3. Starting to finally warm up above super total artic weather and we are seeing some snow melt.

    At the same time my trading is doing well. I had a few trades today but none of them were in my opening watch list. I also spent much of the day looking for a hotel deal for the upcoming Traders Expo in NYC.

    It was nice to see that GE was up double digits today. The Put options that I am short went from very negative to just a little bit negative. This so called rescue plan that will send the USA into the debt abyss may help boost the stocks for a short period but I have my doubts that it will change the mindset and or the markets for any real length of time.

    I traded a lot of shares today and expect I will hit my 300K monthly requirement to get my commissions lower pretty soon.

    HIG gapped up strongly today and I traded it for much of the morning. + 1385

    SOHU was a quick trade. + 105

    PNC closed 2 of 6 PNC 12.5 Feb Puts for a nickel each. + 144

    NFX + 62

    MOS H, + 443

    IPI H, + 530

    FNF 6b, h, + 249

    + 2921 Day / Week
     
    #503     Feb 9, 2009
  4. I am fighting off a cold so I spent a large amount of time dealing with that last night. cold meds and facial tissue was a valuable commodity all night.

    So it may go without saying that it was not easy to get up and get going when the alarm clock went off.

    I made it into the office a little bit earlier than normal which is nice as trading is stressful enough without unnecessary stress added.

    AFG gapped up in a very strong over the top way and I became very aggressive in capturing as much of the anticipated move down as I could. I Sold on the bid and kept pressure on with the ask. When it recovered and moved back up I faded it again. + 2836

    PPDI Discrectionary, + 551

    UBS Discrectionary, + 68

    EXPD Discrectionary + 564

    + 4019 Day
     
    #504     Feb 10, 2009
  5. Day three of fighting off my cold and I can’t really say that I am feeling any better. At least my trading is going well.

    I set another daily record for gains in 2009.

    MVSN discretionary gap. + 1583

    FIS discretionary gap, +764

    DVA H,+ 1228

    Added liquidity:

    BGC + 101

    SVR +237

    AU + 366

    + 4283 Day

    + 11223 Week

    + 21298 Month

    54200 Shares

    287426 shares / Mth
     
    #505     Feb 11, 2009
  6. I traded CMG in after hours and made enough to buy dinner for myself a a few friends at the Mexican grill.

    This makes todays record a little bit better.



    Closed out CMG in after hours trading + 202

    new totals

    + 4486 Day

    + 11425 Week

    + 21500 Month

    55000 Shares

    288226 shares Month
     
    #506     Feb 11, 2009
  7. It appears the hot streak is not to be ended today.

    Most of today was just adding liquidity but I did have one very strong signal today and it turned out good. I say good and not great because I had a chance to really put on a lot of size and go way over the top but I wanted to maintain a tight risk control with it. I also started to exit a little early with some of the size so that my risk was lower thinking I could scalp some near the top. LIFE did not give me the chance. Once it started falling it went straight to my exit. It was my best trade of the day though.

    Today’s trading turned into another record day.

    LIFE H, 6B, + 1852

    The rest was mostly just adding liquidity and fading the opening gaps

    BWA + 368

    JAH + 1027

    RE + 143

    TDC + 845

    WSH + 511

    + 4748 Day

    + 16173 Week

    + 26248 Month
     
    #507     Feb 12, 2009
  8. update for today, I closed out WSH in afterhours. Here are the new numbers

    It appears the hot streak is not to be ended today.

    Most of today was just adding liquidity but I did have one very strong signal today and it turned out good. I say good and not great because I had a chance to really put on a lot of size and go way over the top but I wanted to maintain a tight risk control with it. I also started to exit a little early with some of the size so that my risk was lower thinking I could scalp some near the top. LIFE did not give me the chance. Once it started falling it went straight to my exit. It was my best trade of the day though.

    Today’s trading turned into another record day.

    LIFE H, 6B, + 1852

    The rest was mostly just adding liquidity and fading the opening gaps

    BWA + 368

    JAH + 1027

    RE + 143

    TDC + 845

    WSH + 577

    + 4814 Day

    + 16239 Week

    + 26314 Month

    63200 shares

    351426 shares / Mth (perhaps an error in this number as IB is reporting that commissions have not gone down yet)
     
    #508     Feb 12, 2009
  9. glwatts

    glwatts

    Bob,

    Congrats on the great streak. Keep it up.

    -gl
     
    #509     Feb 12, 2009
  10. NoDoji

    NoDoji

    Bob,

    RE: your exemplary day!

    JAH, I see that LIFE was especially good to you today, and I WSH you the very best of trading tomorrow!

    BWA (Best Wishes Always),

    NoD

    P.S. I have no idea what to do with TDC :p
     
    #510     Feb 12, 2009