6/30/15 Tuesday update

  I'm not going to do anything for now since the market rebounds today,. Time for work and other things.

  It is the end of the second quarter today. The market goes no where. I've collected over 6 figures profit and went through the biggest drop in the year. Yeah, I was talking about yesterday.  I think it will take me a couple weeks to recover from yesterday's loss. But it is okay,  my overall strategy works with my emotion control.

  I'm very impressed with the commission I spent. It is around $1500. It will be a lot of less than the number for the last year.

   I have another vacation coming in 3 weeks. But I will do the same thing by not closing my positions.

   Plan ahead in order to trade less and relax.



Update at 1pm.


    No trade and I did a lot of talking. Time for more work.

6/29/15 Monday update

  The US future suffered a lot from the Greek  Crisis. It can be a great test for my strategy.

  I have opened my blog to pretty much everyone in WXC where I kill the spare time when I don't trade.

  Now I kind regret it since I feel people are watching me from every direction. So I'm not sure how long I will keep writing. :-)

 I think I'm going to lose this week. It is about time to lose anyway after 13 week's winning record. What I try to do is to minimize the loss.

 Actually the market moves to my comfort zone after last night's wild ride.  As a result, I'm not in a hurry to do anything yet. Time to work.

I might do something later.



Update at 3:30pm:

   I'm pretty sure that I will end up losing this week.  I find my position very vulnerable when SPX has more than 40pts drop in one day. (If it drops 10 pts everday for 4 days, I can handle that situation well)

  By the way, I should have been more vigilant when I said the market was in my comfort zone in the morning. ( I thought it would have been like before,  150/160pts drop should be enough).

Now it is not comfort at all! haha!

  What I did is to add more short position today. If the market drops again tomorrow, I will just keep adding short positions until VIX goes to 20+.

  Some PP said: "哈哈，先卖一个，直播压力较大，不想当众出丑"

  I kind of knew where my readers come from before, now I  don't know really know after my action yesterday.  I prefer not to say my P&L anymore since I don't want to give myself extra pressure.









 

Next week!

A short week. There is a job number (NFP) on Thursday.

Note:

  May close some positions around 10:30am Monday morning.

Weekly summary.

I  don't know when I will lose money. But I'm prepared mentally.   I don't think I will make money forever each week. I enjoy it  when it lasts.

 The reason I was doing good this week: I learned from my trip and I didn't need to worry about it and trade it that much. If the method works, it works no matter I'm worried or not.

How will I'm doing next week? I'm not really concerned. I will reduce the positions and I will try to keep the gain. It is okay to give some gain back also.


It is close to half a year. I've made as much as an engineer can make in a year, *maybe more than most of the normal engineers*. So I'm not concerned about the performance at all. If the money keeps coming in, just be it.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	18014.28	17946.68	-67.60	-0.4	0.7
Nasdaq	5117.00	5080.51	-36.49	-0.7	7.3
S&P 500	2109.99	2101.49	-8.50	-0.4	2.1
Russell 2000	1284.66	1279.80	-4.86	-0.4	6.2

6/26/15 Friday update

  I have another winning week! I expect to get more money by the end of the day. Hmmm, I make money either on vacation or at job. I control my emotion pretty well. I didn't trade much this week. The commission is probably less than $30.

   I don't have any plan for next week yet.  I guess I will hold whatever I have for now. I would like to take it easy for the next week. It is totally fine if I give back some gains!

  I still expect a short covering at the end of the day.

Tomorrow

    Tomorrow will be the day that the end-of-quarter rebalancing of portfolios by institutional investors. It could be a single biggest trading day due to the Russell reconstitution. We might see big short covering at the end of the day (That is my opinion). 

   I probably will simply not trade at all.  Plan ahead. It is good for us.

6/25/15 Thursday update

The account balance is higher than it was yesterday.  Here is the situation that I don't need to trade.
When the market moves towards my favorite, the balance is at 52 weeks  high. When it is not, I give back a little ideally or flat. That is what I called the income style trading.



Update at 1:10pm:

  I've been very frustrated with work. I'm stuck and need help. The person who knows the answer is simply not available. I grew very inpatient as the time went by. I didn't need to do anything for my positions. I felt horrible that I had nothing to do. 

  Now I feel better after the lunch.

6/24/15 Wednesday update

I added some NQ at 4540 to hedge my short positions.

I don't think I need to do anything else for the rest of the day.  I can concentrate on my work, which is pretty easy for me.

I add one short position on ES on Monday and some NQs  long position today. That is what I've done so far this week. Maybe the commission is less than $30. I will have a winning week again. It is scary. :-)  The last weekly loss is dated back in March. I'm not sure how long it will last. But I will be ok if I lose a little money going forward.


Update at 9:20 AM:

 I bought more NQ. I'm happy for this pull-back. If you follow me and lose money, don't blame on me. :-)

Update at 10:40am:

 It is much better to buy NQ now. Oh, well. It is okay. I never get a good entry anyway. The balance is a little lower than it was earlier. But it is still higher than yesterday's balance (for now!).

A Pullback Appears Imminent

Maybe on Thursday!

6/23/15 Tuesday update

I woke up early today. The market is moving towards my favoriate so I don't really need to do anything.

Update at 10:45 Am:

There is not much to update. I'm busy with work and meetings. It is a dull market and I like that.

Update at 12:50 PM:

 I've worked hard at my job. It is a boring day in the market anyway. That is why you need to entertain youself  when dealing with the market like that. The balance in my account is higher today with no trade.

6/22/15 Monday update

Back to work today.

I've made so much money in a short time in my own opinion.  It is even higher than Friday. I'm not greedy and I don't plan to increase the trading size either.

I think I will add some short position today at some point.  For now, I'm getting ready for work.

Update at 7:30am:

  Add one short when ES at 2117.75. I still have plenty long positions.

Update at 9:10am.

 I never get a good entry on the positions. But I will make them work. :-).

Update at 11:30am.

  I think I'm in balance and no more trade is needed.  The money comes way too easy for me either I'm humble or not. I will enjoy it while it lasts. I don't think it lasts forever.

Next week!

The future will open higher?

Weekly Summary

  As I mentioned it before, I was traveling and on the road all week. We had a great time.  I didn't expect to make money. As matter of fact, I expected to lose when I rolled over my positions on Monday.

   I learned something new this week. Maybe I don't need to monitor the market often. I'm a software person so that I'm in front of the laptop all the time and I have the chance to check the market condition on the daily basis, especially on the closing. I need to figure something out about how to change the situation. Let the market make money for me. I want to be less emotionally involved as much as possible.

 Actually I gave back some gains on Friday. I thought about closing everything on Thursday  around the closing bell. But I changed my mind. I need to have some positions in order to be a part of the game. It is the same reason that I didn't close the positions when my husband asked me to do so one week ago.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17898.84	18014.28	115.44	0.6	1.1
Nasdaq	5051.10	5117.00	65.90	1.3	8.0
S&P 500	2094.11	2109.99	15.88	0.8	2.5
Russell 2000	1265.02	1284.66	19.64	1.6	6.6

Some interest fact

  Sometimes we need to be far away from the market noise. I was away from the market breaking news and the market move up and down after the Fed notes and ended up to be ok.

  It reminded me a book I read before. "How I made $2000,000 in the stock market" by Nicolas Darvas. I remember that he said that he traded well when he was far away from the financial market commentaries and dancing worldwide. Maybe we don't need that many news everyday and we don't need to visit all the trading forums and fill our emotion with fear and greed either.

 We are going to be on the road again tomorrow. I'm going to take it easy and enjoy the trip and don't do any trading. I worry about my P&L next week.



 

On the road

  I didn't have the stable internet access for the last couple days so that I shut down my blog before I left for the security reason. I've been in the forest. :-).

 I rolled over my positions to the Sep Contract on Monday morning before we hit the road again. It was a fun experience.  I was able to check the market condition briefly whenever I had 3 bars while driving in the country road. While camping in the woods, I only prayed that I would not be wiped out with all the gain I have.

My husband wanted me to close everything on the trip last Friday. But I didn't.   I knew I would lose this week when I rolled over the positions on Monday.  I checked the stock account today after we came back to the city today. HAHA!! what a roller coaster ride for my positions!  I actually am going to win this week? Unbelievable.

Next week.

Travel and trade. Have fun. See you guys when I'm back.

Weekly Summary

I'm too tired to analyze my yesterday's trading that caused today's big loss.  I don't blame myself very much since I've been through 3.5 hour test this morning.  But I should have been more careful though. Oh, I kinda of need this kind of loss to remind myself to be humble.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17849.46	17898.84	49.38	0.3	0.4
Nasdaq	5068.46	5051.10	-17.36	-0.3	6.7
S&P 500	2092.83	2094.11	1.28	0.1	1.7
Russell 2000	1261.01	1265.02	4.01	0.3	5.0

6/12/15 Friday update

 I have another winning week again despite a big loss today. I must have made a lot from Monday to Yesterday. :-). I should have been more careful but I can't handle so many things at once.  I expected to lose money this week anyway.  But I didn't. So it is a good news!

I don't expect to make money next week either.   No pressure. Life is good. :-)






 

6/11/15 Thursday update

Actually there is not much to update.  If I have to say something: Trend continues.

I will not fight with the market. Let it run and I follow it.

Update at 10:50am:

Hold on gains. If you can't, then practice it.  No one can help you except yourself.

There is no Mrs or Ms Know-it-all in the market.

 Update at 1pm.

 The balance on the account is higher than yesterday. I will not be around tomorrow. But I already balanced my positions around 10am. I should be good for a while.

6/10/15 Wednesday update

  It is so repetitive and boring. I end up making money again this week.

  I will not talk in details how I trade. It might not work anymore if everyone who reads the blog does the same thing. :-)

 But the key is to control the risk and emotion. The balance of the account reaches the highest YTD today.

When lose, just lose small. When win, win big.

I've repeated myself many times.  :-)

Update at 11am:

  I'm not doing anything today. Let the profit run. If the market rallies like this, I would want more later.

6/9/15 Tuesday update

What is the most important in the stock market?

The emotion control. 

Update at 9:00 am.

 I'm kinda busy at work and not very happy with it either.
The positions are in balance and I don't need to do anything.

Update at 11:30 am.

I'm just out of a long meeting. My schedule is pretty full every other Tuesday.
The market is moving towards my favoriate so that no action is needed. The most of the loss from yesterday are pretty much recovered.

I need to go to lunch since I have a busy afternoon.  No worries here.

Update at 4:40pm.


I was done with the meeting at 4pm.  The meeting was not that bad and was fun.
The market was not up that much.  But I'm pretty happy at my today's performance. Yeah, although I talk a lot, I haven't traded today. I joked with the pen pals that I have a method of "躺着赚钱方式".
Actually it really matters if we control our emotion better. In order to control the emotion better, we need to control the risks better.

6/8/15 Monday update

Haha.. a lot of people were talking about ASHR in the Chinese forum.  I can image how many people are so crazy about the Chinese stock market in mainland China. Oh, well. I might have missed the boat. But I'm not sure whether it is called gamble with one day  5% up/down or "invest".

 Just not for me. I'm seeking a steady return as much as possible. I'm stick to the US market. ( I play no individual stocks either). If something already proves to be working, why do I need to change?

That is called dedication and concentration. :-)


Update at 9:05am.

The market is weak. I was wrong last night. But I decide to wait later to see whether I need to do any trading.

Update at 10am:

The positions are under pressure now. I might end up losing this week. Oh, well. I expect that! so it is ok.

Updated at 11:00 am:

 Don't over hedge it!  I'm good for now. :-). Do some reading.

Updated at 11:40am

hmmm... the market is not very challenging. :-) I'm going for lunch.

Updated for the day:

   I need to finish some tasks at work now.  It is a losing day. But the loss is pretty small and doesn't affect me to carry on my normal life. I controlled it pretty well and I will be ok. No one wins every day and every week. I would have started to get worried if I don't lose money.

  I don't want to build my position very bearish. Two weeks are down already. I might close some short positions if the market continuely slides tomorrow.








 

A beautiful day.

We just came back from boating.

 

 

 

 I expect the market will go up tomorrow,  so here is what I just did:

 

 

 

If I'm wrong? I will do the adjustment. Most of my positions are still cash.

The Holy Grail to the stock market

   I found that it is misleading. People talk about the trading systems, the market speculation and analysis and so on. The focus is WRONG.

  If we can shift the focus to OURSELFVES, maybe the result can be different.  I'm very self-centered when it comes to the market. I only care about myself and my account. The market is just an external tool. Yes, I review my trades a lot.  I never get perfect entry or exit,  but I'm able to make them work most of time.

  Yes. That is the Holy Grail to the stock market.





   

Weekly review

  I will add more content tomorrow. The market is down for the week, I have an winning week again. Oh, well. I consider winning even if I made $1. :-)

 I've invited more people to read my blog and I don't plan to post the total profit YTD anymore. If you happened to read it before, take a mental note. I will post P&L for the week from time to time.

It is getting hard to make money.  I don't want to be stressed out and my goal for the next week: take it easy, it is okay to lose a little.   I have 25% positions and 75% in cash as of today.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	18010.68	17849.46	-161.22	-0.9	0.1
Nasdaq	5070.03	5068.46	-1.57	-0.0	7.0
S&P 500	2107.39	2092.83	-14.56	-0.7	1.6
Russell 2000	1246.53	1261.01	14.48	1.2	4.7

6/5/15 Friday update

  The market had a very good come back at 7am.

  Update at 11:30am.

   The market seems dull now. But I have to admit that  I was nervous after the NFP number.
It took me half an hour to calm down. :-).  Yeah, I traded around 7am today.

    I have long positions and would like to add more short positions by the end of the day if the market closes higher or at the current level.   

   I don't see whole lot of momentum for the market going higher next week.  If I'm wrong, I will correct the mistake as usual.

   It is so sunny today!

Update at 12:50pm.

  Ok, I'm done! I added  some short positions as planned. I can enjoy my weekend now! (Not quite, I need to do some work for the company. :p)


 By the way, I've worked hard to balance my postions. It is not an easy job!

 

6/4/15 Thursday update

   I don't know what's wrong with me. I don't dare to trade. I'm afraid of losing.
Yeah, I often read that people should stop trading after winning for a while.  I'm getting a little cocky, but not enough to screw up my account.  

  I still have the gains for the week.  I want to see a winning week and that is why I've been careful.

  If I was a full time trader, that would have suck since I would have felt very bored.

   I will check the market in the last hour.


  Cool,  market is selling off. My account is $5K below the high.  (I set an email notification when there is 5K change in my account so that I can analysize the data later). 

 Update at 2pm:

  I just came back from lunch. I went to have a very spicy beef noodle soup by myself.

   Just FYI. I've adjusted 20% of my positions during the last hour of trading after no trade for two days. I need to do more tomorrow.

   Yup, I like the market action since I passed the test again. The DOW was down 170 pts. (0.94%), hmmmm, my account has less loss than that. If the market stays the same and up/down small range, I might be able to recover the loss. 




 

6/3/15 Wednesday update

    My account is moved up/down less than $500 after the market pulled back from the high today.
Normally I would buy the pull back now (9:00 am) .  But I don't feel like doing any trading. The profit is good. The market in June? I'm not sure.

   I will wait until the last hour. Maybe I will do nothing.

Updated on 4:30 pm.

 I went to lunch with some old friends at 11:30 AM. When I came back, the market was already closed so I did nothing. Since I took 2 hour lunch break, I've worked hard until now!

6/2/15 Tuesday update

 People sent me the emails and asked the tricks and tips of the trading.

Here is the one:

  I used to jump to trade when I felt like that the market was strong trending in the early hours based on the experiences and charts and overall world market conditions.  You know,  I thought I was smart and can catch the trend earlier than others. I was Linda Raschke 's fan before and also a lot of others.
But the result is not consistent.

 Now I decide not to adjust or trade in the first couple hours until things really get cooled down for the day. Sometimes I trade in the last hour.

You see the result.

 So I haven't done anything yet today.




Update on 11:55AM:

 My gut feeling tells me not to trade today. Let's see how the market closes today. The positions are in balance anyway. I wanted to see whether I can get some quick ES/NQ points for my lunch.  I guess not. :-)

Okay. Update the number.

Two weeks ago  Mark-to-Market was $$$

Now it is 10k more. (Image is deleted)

I will update the number with every 10K gain and let's see how long I will update the number again.  I don't want to increase the risk. I still play up to 40% of my capital then I start to reduce the positions. I don't want to set any goal. I only want to keep the money I made.

 

6/1/15 Monday update

 I don't need to do anything. All the positions are in balance.

I expect that I will make $5K this week, maybe more. Oh, well. I need to be careful and not to overtrade.

I traded some NQ future contracts for fun since I'm not super busy at work.