Weinstein Trading and Fading

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

  1. S 2 FRO @ 8.99

    Now 6 @ 68.61

    continuing to fade the move. Now asking 69.31
     
    #61     May 21, 2008
  2. S 2 FRO @ 69.31

    now 8 @ 68.78
     
    #62     May 21, 2008
  3. S 2 FRO @ 9.70

    now S 10 FRO @ 68.97
     
    #63     May 21, 2008
  4. Closed out of 7 FRO

    Now have 3 @ 68.97

    + 111 so far for the trade
     
    #64     May 21, 2008
  5. Out of FRO + 203 for the trade.

    setup to be a swing trade. stock fell fast and hard so I walked away.

    Looking to short again at a higher price today or if setup remains I will short again tomorrow.
     
    #65     May 21, 2008
  6. S 2 STO Jun 40 Puts @ 1.20

    Now all 9 STO are covered with 40 Puts.

    Break even for STO is at 41.24 or less
     
    #66     May 21, 2008
  7. epetrov

    epetrov

    Hi 1 reason,
    why don't you put few charts?
    :)
     
    #67     May 21, 2008
  8. Looks like getting out of UAUA didn't happen to soon. UAUA dropped another 29% today.

    FRO gave me a "new and improved" Brenton signal. I traded it and while its meant to be a swing trade I thought I would get out and keep things small while I further test it in this market.

    while I made 203 with FRO the rest of the days profit is from scalping while waiting for setups.

    I did get one day trade setup but missed the entry by only a few cents.

    + 517 for the day
    - 11626 for the week
    - 2722 for the month
    + 36731 for the year
     
    #68     May 21, 2008
  9. Thanks for your post.

    Hmmm thats something I will have to think about. Currently my charts are on their own computer and I use another to post and trade with. I do think charts may be of some value though.
     
    #69     May 21, 2008
  10. S 2 FRO in after hours @ 68.97

    Its a little bit lower than what I would like to enter into a short tomorrow but close enough to enter in a few shares.

    Also bidding 68.38 to close as I will take a quick profit tonight if able.
     
    #70     May 21, 2008