Jun 30 2009
My trading account lost another -1.6% in June. This performance follows and 3.5% loss in May after 9 consecutive months of gains.
I am not going to be stupid about this. I refuse to give those gains back. I will probably put together my new trading computer on Thursday or Friday, but it’ll take me a [...]
Jun 30 2009
About a week ago, my advisor gave me a side project. I worked on it for a bit, but then I brushed it aside. It was a minor verification project as in, please look at this, it looks broken, but tell me if it makes sense kind of deal.
Yesterday my advisor called me into his [...]
Jun 29 2009
Okay that was horrible.
I raised my stop loss on my XLF puts from $11.98 on the underlying to $12.05, and of course I got stopped out on a higher underlying price.
Sold all 5 XLF July 12 puts for 39 cents.
Idiot.
Jun 27 2009
I ordered my new computer. I just had to do it.
Click to enlarge
I could have made it cheaper, but…
1. I insist on buying a $109 case that is quiet rather than a $40 cheapo.
2. I also insist on buying a SSD drive instead of a $40 cheap HDD. I do not mind splurging on a [...]
Jun 27 2009
This piece of news is old news to most. I am sure most of you are already aware of the absurdity of the matter.
In case you were living in a cave, the governor of South Carolina disappeared and no one knew where he went. One of his staff said he was hiking the Appalachian Trail. [...]
Jun 27 2009
I got stopped out of SDS today at $56.44.
I was one penny away from stopping out of my XLF puts.
I am starting to believe that I have no idea what I am doing. It seems like my trading comes in 3 cycles…
1. Get stopped out on every trade.
2. Abandon stop losses and trade well.
3. Get [...]
Jun 26 2009
Long 5 XLF July 12 puts @ $0.59.
Kind of pissed XLF isn’t available to short.
UPDATE: Conditional sell order if XLF rises above $11.98.
UPDATE 2: Piling in on the short side. Long 100 SDS $55.88. I like how $TICK is unimpressive , A/D line rolling over, and $TRIN breaking to new highs.
UPDATE 3: Need to throw [...]
Jun 24 2009
1. Last week I visisited the Great Smoky Mountains. Over the course of the week, I visited quite a few gift shops. Since the Great Smoky Mountains has the densest black bear population east of the Mississippi river, these gift shops quite natually sell stuff related to bears. Stuffed bears, bear mugs, bear posters, children’s [...]
Jun 24 2009
Stop loss on QQQQ raised from $34.68 to $35.38. That locks in $13 of profit before $10 roundtrip commission. Man, what a waste of time.
My CPU utilization is hovering around 55% while running thinkorswim. This is not good. I’m a cheapskate, but I do make good investments. The $1,000 computer is starting to look more [...]
Jun 23 2009
I have this itch to buy a new computer. My computer is now four years old. I have the following…
CPU: AMD Athlon 64 3000+ Venice 1.8GHz Socket 939 Single-Core Processor
RAM: 1 GB (2 x 512 MB)
Video: ATI Radeon HD 4350 (The $40 card I got 3 months ago)
HDD: 160 GB 7200 RPM Ultra ATA100 (Yep, [...]