Thursday, September 29, 2011

Thursday, September 29, 2011

Hi all....

Out most of the day today.....Let's see what happened in the market...

IDCC fell -3.45
BIDU fell -11.13
IVN fell -.44

All would of been great shorts.....

EK up +.14

Market up +143.08 looks like a nice rally today.

Hope to trade tomorrow, but if not....good luck to everyone!


Wednesday, September 28, 2011

Wednesday, September 28, 2011

Hi everyone....

Hope all is well in your trading world.  Easy day and I changed up my routine a bit.  For those that don't know, I am a mom and keeping up with the kids and house is tough.  Too keep things running smoothly, I just can't stay at the computer all day watching stocks.

So after taking the kids to school, I walked the dogs and then went grocery shopping and a few other places.  Came home, put everything away and sat down to trade.

I wanted to play the following from yesterday's blog:  BIDU, IVN and IDCC

IDCC ~ did not play, but had a great day hitting a high of 56.70
IVN ~ did not play, but would of been a great short from 17.37 to 15.66 the lod
BIDU ~ played this one as follows:

BIDU 123.23/124.00 x 600 = +462
BIDU short 123.98/123.93 x 600 = +30
BIDU short 123.65/123.00 x 600 = +390
BIDU short 122.88/122.46 x 700 = +294

Total BIDU: $1,176 - not bad for 1 1/2 hours of trading

Monday: $2,097
Tuesday: $981
Wednesday: $1,176

Market is continuing the shift from yesterday.  High was 11,316 and now it is red at 11,130 down -60 points.  Edit:  Market ended at 11,010 down -179.79.

Hope everyone has a great afternoon!


Tuesday, September 27, 2011

Tuesday, September 27, 2011

Wow....what another crazy day of trading.  Made a few more mistakes, but overall....a nice day.

First let's review what I wanted to take care of today:

NFLX ~ sold at open for even.....thank goodness....staying away from this stock unless I short it and I'm lucky it went up.
EK ~ up +.09 or +5.17%....not in it
CRR ~ Was up +$7.00, but lost all gains as the market sold off.

IDCC 48.25/48.25 stopped out
IDCC 47.60/47.60 stopped out
IDCC 47.80/49.30 x 500 = +750
IDCC 53.18/53.30 x 800 = +96
IVN short 18.23/18.00 x 1000 = +230
IVN short 17.92/17.95 x 2000 = -60  Note:  stock fell to 17.08
DB 37.85/37.85 stopped out

Nice gains here: $1,016

Now all hell breaks loose:

AGQ 126.30/126.30 stopped out
AGQ 124.37/121.00 x 400 = -1,348  Note: such a stupid trade without a stop and then it went back up

Jump in the following to try to win the game:

BIDU 128.65/127.70 x 500 = -475  Note: stupid, didn't use stops - horrible start, now down more
BIDU short 129.70/128.10 x 600 = +960
BIDU short 127.90/127.00x 600 = +540
BIDU short 127.78/127.30 x 600 = +288

Wow....what a rush at the end and thanks to the market shift, I got it done.

Total trades: $2,804 in gains - $1,823 in losses = $981 profit

Monday: $2,097
Tuesday: $981

I will play the following tomorrow:  BIDU, IVN and IDCC

Hope eveyone did well today!


Monday, September 26, 2011

Monday, September 26, 2011

I hope everyone had a successful day trading.  I made some mistakes today.  Lost some money, but even more important, lost time.

First let's review the stocks I wanted to watch from yesterday's blog:

NFLX:  Had news and caused a headache for me
CRR:  Nice one...+$9.60 up 8.08%
S:  Down -.09 cents
ARUN: Nice one...+.80 up 3.63%
EK:  Continued down and broke 1.75 support - Closed at 1.74 down .64 cents or -26.89%'s how my day started:

Saw activity on NFLX this morning and I was excited about the news.
Traded premarket: NFLX 135.00/136.50 x 400 =  $600

Great!  My goal for the day is met and I should quit.  Take kids to school and come back.  Trade the following: ARUN 22.97/23.27 x 500 = $150

Bought more NFLX after the spike at 134.62......Big time error here!  Do not put in a stop and it goes down huge.....didn't sell either because I am retarded.  Feel very sick......should of turned off the computer and did some other stuff.

Here are my other trades as I watch NFLX go down:
MELA 5.09/5.05 x 700 = -28
SLV 29.30/29.37  x 500 = +35
ZSL 18.92/18.77 x 300 = -45
ZSL 18.80/19.15 x 700 = +245
ZSL 19.10/19.20 x 700 = +70

Saw  tweeting about IDCC:
IDCC 48.20/49.70 x 300 = +450
IDCC 48.10/49.20 x 700 = +770

Total trades: $2,097, but I am holding stupid NFLX at a -960 loss

Hope it goes up tomorrow so I can get out.

Now if I would of just bought CRR at the open of 120.93 and sold at the end of the day I could of made this:  CRR 120.93/128.35 x 500 = $3,710.....

Wow, see that is what happens when you change your plan.  I made less money, I'm holding a stock, and I wasted the day.  I had $600 before open....should of just left......gross!

Lots of runners today and the market was up +272 points.  Nice green day. 

 killed it on FAS, played these stocks and had another profitable day: S,ANR,XIV,F.  Be sure and follow this dude!  And also lakers8888 .  They are both great traders!

MELA was the darling of the day up +1.87 or +58.81% on FDA news.

So, in closing, I need to do the following tomorrow:
NFLX ~ close out
EK ~ watch for bottom
CRR ~ will it go up more?

Broke my probation big time by looking at this chit all day!  I will do better tomorrow.

Have a good evening everyone!


Sunday, September 25, 2011

Sunday, September 25, 2011: What I'm watching Monday

Hello 2 of the trading blog....listed below is what I'll be watching Monday and why:

Blog update: NFLX possible deal with Dreamworks and will announce on Monday....this is huge....

CRR:  Has taken some hits along with the market over the last week.  Down -$21.61 on Thurs and -$7.68 on Friday.  This stock has many $1.00 swings throughout the day.  Long or short.  Have not played this stock before, but I like the swings.  Will watch and take a position if possible.

S:   alerted this on twitter.  News of Dish partnering with a wireless company.  Jumped .17 cents or 5.65% on the news.  On watch for a run up.

SLV:   is watching the metals for an option play.  I do not trade options yet.  I do plan on playing SLV or ZSL (short) because of the volume and market action.

ARUN: This stock has great volume and big swings.  Up +$2.40 on Friday.  Had momo and continued uptrending all day.  Will watch for a position.

TNA/TZA:  These are always on my watchlist for market swings.

"Blog Update!" EK - forgot to add this one earlier.  Took a -.39 cent or -16.39% dive a/h on Friday.  Kodak drew $160M from their revolving credit line....looking for more downside here.

That's all I have.  One of the biggest mistakes a trader can make is watching too many stocks.  You lose your focus and can lose money by bouncing back and forth all over the place.  Pick a couple to watch and that's it.  I would suggest just watching 1 stock, but we all know that will never happen.

So, make your game plan, stick to it and hopefully we will bring home our Monday goals!


Saturday, September 24, 2011

Introduction: Saturday, September 24, 2011

Today I created a blog to track my trades, experiences, decisions, up/downs of my trading world.

I began trading during the 2008/2009 crash.  Started with big board, went to pennies and now I'm back to big board/etf's.  I am a full-time day trader.  I enjoy momentum plays and volume.  I enter a trade and sell once my goal is met.  I rarely hold overnight.

Last week, I put myself on trading probation because I need to limit my exposure in front of the computer and decrease my ability to make bad decisions.  I will trade for approximately 2 hours each day.  I prefer morning, so around 2 hours from the opening bell or if my daily goal is met.  Which ever comes first.

Did you know if you make $500 each day on a trade or trades that adds up to $125,000 a year based on 50 weeks of trading?  Wow....that's a nice annual income.  So, if I trade for 2 hours a day.....I make $250 per hour....well, that sounds like big money to me.  Taxes are not included in this number so plan accordingly.

So, there you have daily goal is $500 - $1,000.  And yet it's human nature to want more.  I admit, I have made thousands in a day or on a single trade, but have also lost thousands.  When I hit a big trade I seem to go crazy and get off course and begin making mistakes.  Mistakes include:  buying when the charts says not to, not using stops, holding a loosing trade, jumping in a trade with a huge amount of money hoping to hit the big one again.

It is hard to leave the trading scene after your daily goal is met.  I mean really.....look how hard it is to leave the blackjack table with stacks of chips in front of you!  You hear about others who hit big, or are holding because the stock is trending up.  Or a stock you sold increased by $12.  You have to be disciplined and while those traders had a great day, you need to realize, you did too.  They might have $3,000 right now, but you will have that amount in 5 days.  The money is there for the taking, but that is the key, you have to take it.

So, I hope some will read this blog and get something from it.  I was posting my trades on, but that just doesn't fit me so I am going to try this.  I also like to post on twitter:!/sdh_ihub

In closing, I plan to post each evening and log my trades, what I saw, what stocks were running, falling, market sentiment, etc.

Here's to meeting our goals and good luck to all!