To Bob Sorry! It will not happen again! best to you. To Surf ... marketsurfer Please check your PMs ... Thanks! cheers
To forsalenyc Pls check your PMs ... and sorry for my late-reply.. Hope you have a better tomorrow ... cheers!
Frustrating day to say the least After two losing days in a row I came into the office today ready to take some gains. I ended up trading FDO with a gap up signal. I entered into it very strong and in fact way to strong. I think this is where I need some work as I could have made some nice gains if I traded it more conservatively. I really felt that FDO is overdone so I pushed it way too soon. I am still holding most of it as my confidence in the stock having downward pressure is still intact. My losses today are from my scalping the stock during most of the day which has increased my ave cost basis. - 4578 No other trades today - 4578 Day - 18377 Week / Month ~ 27K Shares
its been a tough week for you robert, but like most great traders i know you'll bounce back in no time. keep your head up and gl with tommorows trading.
Hello 7, Thanks for saying so. Yes its been a tough week and while I have taken a lot of arrows I am still going. Best to you ! Bob
I was able to turn it around today. Although I traded much smaller FDO turned around and gave back much of what it took yesterday. A setup like FDO is rare but I look forward to the next one and being able to grabs some nice gains from it. + 1032 GFI unqual 6b, scalped +241 AU unqual 6b, scalped + 110 I also closed out GE mar and Jun 5 puts to lower risk to GE in case it really does fall apart. I still have covered GE stock GE Mar 5 Put + 12 GE Jun 5 Put + 63 + 1460 Day - 16917 Week / Month ~ 15.5K shares
Very slow day of trading today for me. I was able to do some scalping but no actual full setups and trades. Gave me a chance to work on my blog as well as other things. Still holding some SU short overnight. I thought I would close out right after the close as I was on the bid but for 22 million shares traded today there was nothing after hours. SU + 588 RGR + 43 ORLY + 130 + 762 Day / Week - 16155 Month ~ 37K shares
Started out with my carryover of SU today. It was nice to see GE up so strongly today. I guess the end of the world next week has been either called off or delayed. Time will tell. LVS managed to post a gain although off the HOD. The day after the new CEO taking the helm in a surprise change yesterday. The market being up so strongly acted favorably at LVS as well and especially minutes after Leven the new CEO stated things are well. Time will tell on this as well. Su gave a signal based on my gap up setups. Not alot of fun to have the stock your scalping and end up with a few shares gap up on you. At least the odds of still making money where in my favor. So I shorted more as I would if I didnââ¬â¢t have any held over and waited it out. As expected it did find its way to the covering price but I closed out a bit early. At the time that it went to about break even I found myself trading four others at the same time. I really donââ¬â¢t like to get into more than four stocks at a time as I can only trade four per my main trading screen. I can technically trade up to eight at a time with the two trading screens but I start to run out of charts at six as I ââ¬Åonlyââ¬Â have six charting screens. The other trades I was trading at the time offered a much better potential gain so I closed it out at basically breakeven. + 39 NOV B6, H, Nice trade that i was able to get some shares traded as well for a decent amount of ECN rebates. + 506 ORLY discrectionary scalping only, + 140 SNDA H, + 212 LEAP H, B6, Did not move much into target profit area + 387 SBAC B6, started out scalping and turned into a full trade. Lots of shares for a decent amount of ECN rebates. Disappointed in the gain as the huge market rally really lifted all the boats including this one. Never hit target gain. +340 CASY H, This one acted pretty much as expected and quickly as well. + 316 Day + 1944 Week + 2706 Month - 14211 ~ 55K shares
nice two days, slowly but surely, youll get back to your top trading. always knew youd bounce back! gl
I was off to a great start to what could have been a super day but I let it slip awayââ¬Â¦ Today was one of those days that I just could not execute according to plan. MW tore me apart but that was only after I had booked some gains and was in the green by about 900. I had bids to cover under 12 in the 11.9x range as I thought it would fall back to under 12. It didnââ¬â¢t and seeing that it was up about 21% I kept fading the moves up which did not stop. I did scalp it back and forth somewhat but with limited success as it never retraced back enough for me to cover much. I could get punished again tomorrow as I did not cover before the close. The SnP has been up three days in a row and has moved up strongly in the past days as well as MW has moved up very strongly in the past three days. I believe that will offer a pullback of some size in MW. We will soon enough find out how well that works out. While MW was painful today I did study it for future reference and will be able to take advantage of new ideas as a result. - 3019 I had another losing trade today that was somewhat in the money for me but just never really worked out well. I covered most of it (two cents from the HOD ). The rest will hold until tomorrow as well. - 341 Rest of my trades had gains and where pretty much standard as to the setups they gave. WFMI H, B6, + 698 SU B6(late) + 142 SFD GU, + 78 NTRS H, B6, +14 EAT closed out from yesterday from an overcover of 100 shares, + 11 CTRP H, B6, + 166 CERN H, B6, + 70 BKE H, B6, + 884 - 1291 Day +2553 Week - 14364 Month ~ 56K shares