12/31/13 Tuesday dow+ 72

  Here is my last post of the year :-). The market closed strong! So is my account which sits at the highest level for the year. I don't what to say how much I made this year. But  people who know my trading style probably already know that I'm seeking for the consistant return.

 Happy new year and see you guys in 2014!

The market is due for a pull back.

11.26.13 Thursday. Dow+122 (1,829.75 -- 1837.75)

 Breaking out:

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Merry Christmas and Happy new year to you all!

   Wow. Time passes so swiftly and we are going to say goodbye to year of 2013. I hope that you all have a wonderful year.

  Like a lot of traders, I'v made money this year. But I think I'v missed the great bull run since I 've only used less than 30% of my capital to trade every time.  Although the gain is matched up with the indices, I've spent a lot of more time and energy than those who only buy and hold and achieve the same result.

 I will take more risk next year. I will play more stock options since a lot of times the market is barely moving after gapping up or down.  Oh, well. I will still play ES, YM and NQ future when I see  the opportunity.

 Yes, I will take more risk. No pain, no gain:-)

 Merry Christmas and Happy new year!





 
  

I was very busy

and paid no attention to the market today.

I will resume bloggin once I start to trade again.

Trading plans and reviews.

That is what I usually do on Saturday morning.

  1. I will review the market for the last week. I like to read  the Summation of weeks Events and review ES data, the value of oil, gold, $USD, zn and euro. Which sectors are doing better than other sectors.

 2. How many companies that I care reported ER? what ertr the price and the action after the earnings?

3. What is the next week's event?

4. How I trade last week?

5. What do I plan to do next week?

This week's trade.

11.22.13 Friday.

A good week.   I have a good profit plus several contracts ES with covered calls which can't be shown from realized P&L.

No trade today...

Enjoying the ride.

11.20.13 Wednesday.

Steady..

11.19.13 Tuesday.

11/18/13 Monday dow+14 S&P -6 (1,784.75 -- 1,799.75 ) (3,380.25 --3,425.75 )

Check in.

How are you guys doing in the super bull market?


I'm doing good. It can be better.

The biggest enemy is myself.

When it comes to the trading. I have some full time not working friends. They trade and they invest  properties.

One of them who I've known for  4 years told me that he started with 200K, His capital grew to 550K by October.  I was upset after hearing it. I don't like my own consevative trading style any more.  So later on I became very anxious and started to lose money.

Good thing is that I didn't lose control. I'm still very profitable this year.  But I need to keep in mind, I'm my worst enemy.

hmmmm...

I've cut over  $12K  loss  in last 6 trading days.

Yup.  Loss is a part of the game.  I'm not upset or anything. Actually I'm kinda of happy since I don't feel stressed about losing postitions anymore.

10.25.13 Friday

HAPPY FRIDAY AND HAVE A NICE WEEKEND.

10.24.13 Thursday

10.23.13 Wed

10.22.13 Monday

BLACK MONDAY!!!

How do you like this colorful day?

 I decided to close some positions. 

more trades...

I need to stop trading for a while. I should be happy since I made money.  But I'm too anxious and I want to make more money. It usually is not a good sign for me.

OK.  No trading tomorrow!!!!

Bored. 10-17.13 Thursday

10.16.13

Last two days....

9.26.13 Thursday

Taking a break from posting from now on.
Happy trading, everyone.

9.25.13 Wednesday dow-61(1,684.50 --1,695.00)

9.23.13 Tuesday

9.23.13 Monday dow-49

9.20.13 Friday.. HA. HA I made money today!

9.19.13. Thursday dow-40

9.18.13 Wed dow+147 Fed news(1,693.25 --1,723.25)

I've worked all day.. How nice!

9.17.13 Tuesday

I didn't make money today either. That is ok. 

9/16/13 Monday dow+118 (1,694.75 ---1710)

I was very busy & very stressful at work. I didn't make any money today.

9.13.13 Friday

Together with ES positions. P&L this week is probably $4500.

9.12.13 Thursday dow-25

No trading tomorrow

Enough profit for this week. $1K profit guaranteed for ES by the end of the week.
If I see the opportunity, I will only open new positions. But most likely I will work,work and work tomorrow.

9.11.13 Wed dow up

9.10.13 Tuesday dow+???

9/9/13 Monday dow+115

If I trade, I will try to post...
Ok,  I will focus on work now.

This week's trading record.

I have been very busy with work. I'v worked a lot of overtime without pay. working 50+ hours a week is a normal thing for me.

I don't know why I find joy from work. I just do. But I'm a little pissed that the company hasn't appreciated my effort that much. They just expect me to work and work.

So I turned some attention  to trade.  Here is the result for this week. My style is the same as it before since it works for me.

Never give up?

 Maybe it is not a good idea. I'm talking about trading here.   If you haven't been able to consistently bring money home from the market after several years' effort,  trading is not for you.

7/10/13 Fed day. I will be super busy and don't plan to trade tomorrow.

7/9/13 Tuesday dow+75 (1,635.75 --- 1,649.00)

7/8/13 dow+88 (1,626.00--1,639.50)

7/3/13 Short day

   I'm still around. But most of time I'm just too tired to post anything. In the morning I trade for couple hours and do work after that.   I cook, clean and do the market review in the evening.  I barely can open my eyes now. Ciao.

6/28/13 Friday (1,594.25----1614.5)

 Resume blogging.

If I said

I've been wiped out today... do you believe me?

5/31/13(1,626.25--- 1658)

Lost 10pts per contract.
今天玩砸了。。哈哈

5/31/13 Tomorrow's high is higher than today's high

Marked here!
 
Let's see... big break out  tomorrow?

No trade (1,641.00 -- 1,660.75)

  I was way too busy with work.  I wanted to get something done so that I would not be bothered by it anymore.
  I still have long and short positions

5/30,,, market will RALLY!

hard!

5/29/13 (1,638.00---1,656.75)

I traded, I worked and I went out lunch with coworkers. :-)

5/28/13 Tuesday (1644--1,672.75)

I've been busy with work so that I didn't have time to trade.

I'm still busy today but decided to put work aside for a couple hours.

P&L : 6.75 ES points per contract.

Sometimes you have to act

quickly, very quickly to catch the movement like today.  I did it and I'm done. That is the excitement I'm looking for.

5/21/13 Tuesday (1,660.00--- 1,673.25)

  I spent most of time in the meetings and cleaning the house today since I lost patience by trading the same for the last several weeks. (To buy dip at earlier and sell later), although it worked today also. 

   I got bored in trading for now . I'm holding some long positions for swing..

GOLD.....

 Gold.. oh, well. I made money on GG. not as much.  I posted something on one Chinese stock forum about my speculation about gold  and bought some (next time I will buy gold future to get more excitement) to test my theory on Friday.  If I automated it, I probably won't have exited.

 Anyway, quantitative analysis works. 
  

5/20/13 Monday.(1659.75------1669?)

 I lost patience with the market.  It just doesn't pull back! The market sentiment is good too. Selling GG is my only trade today. I have swing long positions but I prefer the market pulls back NOW.

  I can focus on work for now.
 

Week (May20th --May 24th)

watch for 1652?

Wednesday turning point?

I bought GG on Friday. It was not part of plan. I felt good about myself and traded without  checking the market calendar. I think there is further drop in gold next week.  I will get out on Tuesday or tomorrow with  loss. 

Weekly summary:(1,621.50 -----1,665.75)

   I would like to let you know that retail traders can consistently make small money if they always remember the risk. My speculation is right this week. But I've only used less than 30% of my account to trade and keep positions. If I did  "all in", my account could have been significantly higher. By practicing the small risks, I'm able to correct the trading errors if my speculation is wrong.

  By writing down the range for this week, I found it is funny that I actually bought at 1622 on Sunday and sold at 1664), WOW! Time flies.

  I will keep going  with my trading journey. It truly boosts my confidence.


  Until I trade again, see ya.


 TGIF


  



 

5/17/13 Friday (1,648.25 --- 1655.75)

  I was so busy with work yesterday so that I've kept everything I have. When the market closed, I saw ES opened 1548 at 3pm. So I bought Sept contracts to make up for no trading earlier. But there were a lot of $hits at work so I closed  at 6pm before I went home.  This morning I reduced some long at 7:22am.  I will not watch the market until the last hour so that I can finish the work crap. I will post more later.

This week I booked almost 6 figure profit.  So don't fight with the market. Go with it.

5/16/13 Thursday(1,646.00---1,658.75)

No trade... I've been busy with work.  Even if I was not busy, I probably would not have traded either. 

Enjoy the sun!

5/15/13 (1,642.75--1,659.75) Thursday: Is the market crazy?

LOL.

Who cares. As long as we can make money, isn't?

Today's profit is $700 more than yesterday's profit if you happened to see before I deleted it. :-) I bought ES when it pulls back around 11am---11:55am. That is day-trading.

5/14/13 Wednesday Yes, (1,626.50---1,648.75)

I booked some profit today.  Yes, I added more long positions.

Let's check whether I can make money later on this week.

5/13/13 Monday (1621.5---1633.5)

There are thousands of ways to skin a cat

5/12/13 Sunday :Oh, well.

It reached the level I mentioned yesterday, so I had to buy...

Next buy level: 1615.

Weekly review

watch for 1622 for next week for volume support.

How did I  get that number? I added every  day's support point together last week and divided it by 5, that is my first support.

Trend continuation

The market is just up and up.  I've not tried to outsmart the market yet.  I have to follow it.

Having it in mind, trading becomes easy for now. Keeping risk small is the key and consistently bringing money home is my approach no matter the market is up or down.

For fun....

I have been so busy at work today and I totally forgot about the market for a long time! So as a result, I post trades to remind myself.  I actually can make money in the market. Don't get too involved with work.

5/8/13 Market Check (1,617.00 ---1,629.50)

1. Warning sign?





2. According to the Investors Intelligence Advisors Sentiment report just published, 52.1% of pundits were bullish this week, versus just 19.8% bearish. That’s a spread of 32.2%. Traditionally, readings above 30% have often heralded highs in the market (?)

3. NYMOT reads 187 today.

.


4. I will still trade what I see. I will not jump the gun.