Weinstein Trading and Fading

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

  1. That's just...indecent :D
     
    #831     Jun 16, 2009
  2. geez

    geez

    $130 day..not bad,
    Wait, did I read that right????
    my brother's keeper!
     
    #832     Jun 16, 2009
  3. Hi NoDoji,

    Thanks for saying so. Sorry and I am unsure how I did it but somehow I lost your post in my replies.

    I have to agree. Not good to live in the woulda coulda shoulda world. Still like to think about all of my trades in terms of how to take the 'destruction' out of 'discretion' : o )

    Nice trading today yourself. Your doing great!!

    Bob
     
    #833     Jun 16, 2009
  4. Hi BostonKiller,

    : o )


    (what else can i say??)
     
    #834     Jun 17, 2009
  5. Hi Geez,

    Thanks for taking the time to post

    Your really setting new standards in trading on ET !!! Good work

    Best to you

    Robert
     
    #835     Jun 17, 2009
  6. Not the same as yesterday but a good day regardless

    It was a rather slow day though. My trading was done rather early today but I was able to make some gains.

    SVNT jumped up once again. Second time in three days that it gapped up.

    SVNT + 1096

    I am also looking at STEC for a swing trade to the short side. Will follow it again tomorrow and see how the price action works out.

    + 1096 Day
    + 18246 Week
    + 46766 Month
     
    #836     Jun 17, 2009
  7. Turn around Thursday

    I am writting this before the day is done but so far it does appear that the overall market is going to have a chance of closing higher today after three down days. STEC continues its climb higher and I have started to short it. I will be looking for a retrace in the STEC move.

    NNI was a quick scalp
    NNI + 33

    I did get some signals today and made some other trades as well.
    CI + 424

    WPI + 419

    Started out a bit early with HLTH as well as went larger than normal size due to the price of the stock and paid dearly for it. I missed the merger news so I have John in the chat to thank for pointing that out to me.
    HLTH – 6801

    - 5924 Day
    + 12322 Week
    + 40842 Month
     
    #837     Jun 18, 2009
  8. RW do you have live stock news feed,a must for short term traders.I use Briefing.com,the HLTH merger news with WEBMD was all over the place. JACK
     
    #838     Jun 18, 2009
  9. Hi Jack,

    yes I would agree and thank you for asking.

    I do have a live news feed quack box type from hold bros. and I also have the routers feed with IB. I do also check Yahoo news sometimes as well.

    Of course having a news feed and using a news feed is two different things......LOL

    As often as I have been 'burned' by not first checking the news (first time in over a year) and the limited amount of time I have to put on most of the trades I have to accept a HTML once in a while : o )

    I hope your day was better than mine and best to you on Friday

    Robert
     
    #839     Jun 18, 2009
  10. Friday option expiration day.

    I spend quite a bit of time looking for mispriced options but did not find any. Not all that uncommon as I normally only find them about once every two or three months.

    Exited STEC today. Will be looking to short again if it makes another push higher.

    STEC + 225

    I do have some options that I wrote expiring today so thats nice. They dont show up in my IB PnL so I manually add them here

    LVS JUN 2.50 puts + 401

    LVS JUN 5 calls + 510
    LVS stock called - 309

    GE JUN 13 Calls + 582
    GE JUN 12 Calls + 151
    GE stock called - 437

    With GE I also did not have the stock covered with the JUN 13 calls exercised so I sold SEPT 13 calls for .82 each

    + 1122 Day
    + 13444 Week
    + 41964 Month
     
    #840     Jun 19, 2009