"A man is not finished when he is defeated. He is finished when he quits."

Thursday, July 16, 2009

July 16th



One trade, shorted SRS at the HOD and sold much too soon, as the chart illustrates. But, we had other things to attend to.

We had to have our 14 year old Labrador "Elsie" put to sleep. Now that the veterinarian has left, we've decided to spend the rest of the day out. There's always another trade tomorrow... a good dog, now that is something to celebrate.

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1 for 1, 100% win rate. Gain of $12 in a half-hour of live trading.

Wednesday, July 15, 2009

July 15th


Once again, day-job kept me away from the computer for most of the morning. A couple of good trades today and some where I exited too soon; an example is the POT trade listed on the chart. I shorted it only 14 cents off the HOD but covered when it appeared to have stalled, leaving another 50 cents on the table.
Gains are smaller today as I have reduced my position size to 200 shares rather than the 300 I have been trading recently. Other than the first trade today, all are 200 shares. Ultimately, my goal is to trade 1000 shares at a time, so I consider the current 200-300 shares a warm-up for later.
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7 for 7, a 100% success rate. Gain of $140 in 4.5 hours of live trading.

Tuesday, July 14, 2009

July 14th

Day-job and 3 hours of sleep last night left me listless once I was able to get to the computer to trade. With a significant lack of focus, I was cautious about taking trades and saw some decent ones go by; one in particular in POT. That's ok, I was really in a learning mode today and ideally, should have been in my paper-trading account. Today was a gainer and so I'm pleased to have my profit, small though it is. Not much analysis or review today. It was one of those days...
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4 for 4, 100% win rate. Gain of $44 in 1.75 hours of live trading.