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!

sdh