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Why do I do this to myself?
Long 200 SSO @ $17.41.
UPDATE @  9:59 am: I anticipate this to be a daytrade. But who knows, I may end up holding over the weekend.
UPDATE @ 10:23 am: I am starting to think the trade is good until at least Wednesday. If the 730/740 area holds twice in [...]

I didn’t think an exit would be so painful. I woke up for the pre-market.

It’s 8:13 am. If I can unload all 200 shares at $47.50, I’d be very happy. The bid just isn’t high enough and I would have to wait for someone to hit my ask if I were to place a limit [...]

I don’t know why, but I think milk tastes better in a styrofoam cup.

That looks good, doesn’t it?
It’s like Coke in a bottle or beer in a good beer mug.
Milk just tastes better in a styrofoam cup. You should try it.

It seems to be a habit of mine to get out of a position a little too early. It is difficult to pick the top and sometimes you just have to take profits whenever you can. However, sometimes I leave so much money on the table that it is obscene. I am not going to [...]

Bought another 100 TBT @ $44.83. I refuse to blog from my office so you won’t get realtime updates if I am trading from my office.
The lesson I have learned over the last two days is that little mistakes add up. Yesterday I was a little impatient about buying TBT and I got in at [...]

Long 100 TBT @ $45.90.
No stop loss.
Looking for $47.20+ sometime this week. $49 if I am a pig.
Here’s what I am looking at. TBT is the 2x inverse of TLT.

Another touch on the decending trendline = good short entry. When TLT fills the gap, I think I will stop playing with TLT and look for [...]

I can’t believe I am doing this but I knew it would happen eventually. I bought 1 ES contract at 772.75. Stop loss at 771.50.

I think we either bounce here or we die. If we die, I take 1.25 points of pain and I am out. The potential upside is huge. If my stop gets [...]

Closed out all positions…

Buy orders from last Thursday…

Profit = $488.56 after commission.
Earlier today, I blogged that I wanted to sell out when (2*TBT+SDS)/2 hit $92.40. I got out at $92.175.  The chart below shows (2*TBT+SDS)/2 over the last hour of trading. The cursor marks the spot I sold. $92.40 was my target and I got [...]

Last Thursday I picked up SDS during the day and TBT in the aftermarket. It turns out it is a pairs trade.
I have 2x more shares of TBT than I do SDS. If I type (2*TBT+SDS)/2 in thinkorswim, I get the following chart for the last 5 days, and this chart is indicative of the [...]

I just finished my schedule D for 2008.
114 total entries.
5 Schedule D-1 continuation pages.
I am glad I have some programming skills, otherwise manually filling out the PDF would have been painful. I am also glad that I did not have to pay for some service like Gainskeeper or Trade Accountant. Took me about 8 hours [...]