Aug Performance.

First losing month in 2015. I pretty much gave back all the gain
last month.

It can be worse. :-)

8/30/15---8/31/15 Update

3:25pm: 

I had a good nap and woke up to see ES at 1972.

That is what I said: Adjust ourselves to the new trading range.

Perfect, the account balance is noticeable higher than it was on Friday.  

Time to get groceries for the next week.


(1943---- 1957)
8/31/15:

 6:50 AM :

 The market is traded in a range. I positioned myself for it so that the balance on the account is higher.

7:30 AM:

  I did my morning walk with hubby and dog.  Now I'm ready for work after coffee. I plan to add some short positions sometime this week. But I'm not in a hurry. Let the market adjust on its own. That is what I called "RELAX， 躺着赚钱。".

9:30 AM:

    One of the tenants reported that the basement is leaking this morning.  I ran into another tenant over the weekend in the shopping mall yesterday and she said the deck window is broken. Hm, it is not fun to be a landlord. Buying more properties? He is not so sure since he is the one who takes care of all the complaints last several years. But I don't want to much pressure from the stock market.



1:50Pm:

  Impulse is the devil!

 There is Tri-level Duplex on the market yesterday.  After talking to the agent for about half an hour, I was in a hurry to make an offer since there was one offer in hand, another offer coming tonight. The agent was so good or I was just too dumb and I planned to place an offer above the asking price.
Anyway, my husband stopped me.

 

 

 

Possible solution?

1. Reduce positions on Friday.
2. Close/reduce positions after receiving 2 email notifications in a row, .
3. Counting days. If NR7,  close/reduce positions.  (I can't do this since I can not predict the market. 9/1/15)
4. Do not do any trade in the dull hours. (9AM--->11:30AM PST)

Weekly Summary

After enduring a whirlwind week, where are the major averages at?

People probably still think that we will see big wild swings down the road. But I have a different view. I already adjust myself for the new trading range and bounce back from the market turmoil.  I started to feel normal on Tuesday and became comfortable with my trading again. Maybe I'm too positive. Oh well. I'm who I'm. :-)

 As I mentioned before, I have been thinking about how to reduce the loss. I think the fist step is to reduce the position on Friday. I did it today.



It is a winning week for me.
  

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	16459.75	16643.01	183.26	1.1	-6.6
Nasdaq	4706.04	4828.32	122.28	2.6	1.9
S&P 500	1970.89	1988.87	17.98	0.9	-3.4
Russell 2000	1156.79	1162.91	6.12	0.5	-3.5

8/28/15 Friday

 I went to a different facility to work today. I like the market range bound action so that I don't need to do anything.

 It is my turn to make some money now. :-). I need 7 weeks like this to make all my last week's loss back. Oh, well. I don't expect that! I need to work on how to lose SMALL!

I will take some action by the end of the day depends on the following situation.

1. If ES  > 1980, Add longs.
2. If 1975<=ES<=1980, Add less longs .
3. If  ES< 1975. Add Shorts.

That is my logic.  I like to plan things.

No guess, just action. :-)

Yeah, I did exactly what I planned to do at the restaurant. Good thing is that I had internet. :-)

8/27/15 Thursday

  The market rallies again. I normally got up at 6:30am but I just got up since I was hungry and looking for something to eat around 3am.
.
  We need to keep alert since $SPX is only several points higher than last Friday's close price. Anything is possible but just keep in mind where the market is.

   Anyway,  how did I do the bottom fish last several days? If you know Chinese, you can go to the site I mentioned before.  I decide not to visit there often since not many people have the same interest as me. They want quick money. Maybe they got the quick money last several days. :-)

  I bought a little on Sunday night,  early morning on Monday (yes, 10 minutes after the opening!), and Tuesday. then I started to hedge the position on Tuesday afternoon.

  I bought more yesterday with hedge.  That is why I said that my positions are very protected.

   I adjust the positions when I woke up at 3am today.

  As expected, Vix continues dropping and is at $25.9 now. It looks more normal to me.

   I'm good now and am on the right track. But I need to think about when and how to book the profit.

  How do you know whether your trading method works?

  Hmm, simple. Your account balance tells you. :-)  I saw my own weakness last week and am working on it.


 
   WOW! I missed the fun!  I went to have lunch with my friend.  What a wild ride! Hm, it looks like that I need to adjust more tomorrow.

Adjust yourself for the new trading range

  We should be able to comfortable with the new trading range now. Don't expect that the market will test  SPX 2050 for a while. It seems to me that the support at 1850 is pretty good too.

  Anyway, I survived a big storm in the market and expect to make some money this week. :-)

8/26/15 Wednesday update

What a week! Haha. It took me a couple days back to normal.  I felt like it was 2008 all over again last couple days.

Oh, well. I did much better this time. Yeah, I start to make money again with small positions. I'm much more calm. I have to say: "I'm good!" haha.

I don't want to trade much this week.  I got up and checked the market and wondered whether it will be like yesterday. But what heck, life is not about just trading.  I just came back from the morning walk and am feeling good. It was a beautiful day!

Now it is time to work!

10 AM:

 The market is much calmer than it was yesterday! LOL, I adjusted some positions while I was driving! If I can make money in my old style, I will still not change it. The only thing I will change is how I close the positions.

It was a wake-up call for me last week although I still have profits.

11 AM:

  I just called Vanguard to automatically transfer money biweekly into the fund as planned!

11:50 AM:

  We still need to be careful. My positions are very protected. I'm not in a hurry to get my loss back yet. I will keep testing the method and improving it to make sure that I will get some income even though the market is in the correction mode.



CNN Money reports

8/25/15 Tuesday

Everything is back to normal for me trading wise.  I did add more positions later on yesterday and this morning. But I need to figure out a better way to close my position going forward.

 That is the notification I set up in the email.

Some idea:

•   If I get two of this notifications, maybe I should book the profit. 
•  Put more protection on the position close to the weekend.

What really matters in the stock market?

   I believe that a lot of people were out of breath to watch today's market action. I was not panic since I was out on Friday morning. But I  pretty much "eye ball" the market for 3 or 4 hours. Yes, I built a tiny position and most of time I just watched and I didn't want to get hurt.

   Do we understand better now what really matters when we come to the stock market? We need to protect ourselves. Does any trading method matter? Trend following, Delta Neutral or blah, blah. I don't really think so. A lot of people probably were wiped out these past several days.

  I withdrew money out as I planned.

8/24/15 Monday update!

Cash is KING!

Trading plan for the next half a year

1. Withdraw money from the account so that the balance is the same as it was on April 1st.
2. Call Vanguard to set up the biweekly purchase operation from the money market next week.

 work in process.

A beautiful day.

   We've been together all the time. I don't know whether it is good or bad. Some couples like to do things separately. But we always do things together. Fishing or Crabbing is not my favorite passing time. I only like the moment when fish is on.  But most of the time there is no fish. Fishing is a waiting game. It is kind of similar to the stock trading. Most of time we are waiting.

  Although there were 10 crabs in the pot, they were all females and we had to dump them all. Good thing is that we caught fish today

Weekly report

WOW. WOW. WOW!!!!!!

I don't feel bad afterwords.

Check it out.

I did what I exactly planned to do.  Get rid of everything in order to keep my profit YTD. Ouch, that hurts.  Although I still have 6 figure profit.

I could have done it sooner. But I was greedy. I planned to withdraw the profit to use it as the down payment of some potential investment property.

I need to take a break and come up with a better approach in the future.

Hmmm,  Money management is very important. I failed  it again.

Terrible loss.

I just had time to check my account now.

My account got a hit last time on June 29th when ES was 40pts drops.  I recovered it on Jul 11th and the accounts reached a new high.

Today I got another hit when ES 47pts drop. How long will take me recover this time? I have no timeline yet.  No pressure.

I will have to keep shorting the market.  Now I'm all humble again. Market is my teacher.

Mark this for my own benefit:
  http://bbs.wenxuecity.com/finance/3743937.html

It maybe my last post for a while if I can't recover it by maybe two month. I set a stop to close everything when this year profit is exactly my annual salary so that I can still brag that I make money in the market. :-)



  

8/20/15 Thursday

I reduced some NQ short positions. But I added ES shorts (doubled the amount of the long positions I added last couple days) before the openning.

  Ok, my speculation was wrong and the plan needs to be changed. I gave back all the gains on Monday and even more. I will have a losing week.

  I will be gone for the most of the day.

8/19/15 Wed Update

  I added some long positions at 2074.5. People normally close or reduce the short positions. I could have done that but so far I still have rooms for more positions. I would like to make sure that my positions are balanced.I never get good entries. But I will make it work.

 FYI. When I said add long positions, they are not necessarily delta 1. You know what I mean if you play options.

 11:07 AM:

 No action is needed and my positions are in a good shape. Is it hard to make money in the stock money? I think it is  if you don't have a plan. Don't let the market force you to buy dip and sell short.

12:30 PM:

  I don't have a lot of action on the FED days.

股市又不是今天开了， 明天就不开了， 那么激动干什么？  :-)

2:15P M:

 Market Review: I'm waiting for my teammate for some direction at work.

It really is not easy to make money in the market! :-). How low will be oil price?

I give myself thumbs up for staying calm and thinking ahead of the time.
 
 
   
 

Dear Jeff Bezos: My husband needed therapy after working for Amazon

From Beth Anderson:

http://qz.com/482080/dear-jeff-bezos-i-wish-you-had-asked-for-my-feedback-sooner/ 


I can't agree more. I turned down their interviews many times since all of my friends left the company after several years. Well. Some of them just tried to make it 2 years since they needed to get their stock options. 

I would prefer to be unemployed  if my only choice was to work for Amazon.
Thanks to NY TIMES to report it.

I normally update

  my daily post if I trade. You need to scroll down to check it out going forward.
Anyway, I added some ES positions at 2091.5.

Actually it doesn't matter if I keep quiet or talk loud. The result is the same. I write more if I feel like to. I say I quit writing and then write again. You know, I'm a woman. HAHA.

8/18/15 Tuesday

I got up at 7am. The range is too small for me to do anything. :-)

Yeah. what else can I do? I don't want to throw the money away for something that I'm not familiar with. Hmm, I need to work otherwise I feel so bored.
 7:40 Am:

 I decided to follow my plan and I adjusted my positions( check out my Sunday post). I  think I will be good for the rest of the week for now. oh,  I will need to do something with my NQ positions later this week.

12:05 PM

 Added more long positions. (ES).

Something basic for your information.

 Chinese stocks slumped 6.15%, overnight.  So we don't expect Basic Materials/Energy would do good in general.  This morning the fact that Walmart cuts outlook hurt DOW. The European market was pretty range-bounded.

Go figure.

Question to you: Why the vix was up 5.8% today?



 

Too easy?

When I guess right,  it moves towards my favorite. As I mentioned on Sunday, I expected that the market would go higher and I didn't need to trade.

Ok, I'm just lucky.

8/17/15 Monday update

  I got up at 7:30am. I missed all the good market action. Oh, well. I normally don't jump to action on Monday morning anyway.

  The balance is higher than Friday and there is no need to trade. That is why I sometimes said trading is boring . :-)


  Yeah,  time to work.


10:20AM:

  Wow. The balance just keeps going higher and higher.  I still will do nothing today.

1PM:
 
   Let the profit run. No trade. I'm pretty sure that I have another winning week.  If the market pulls back on Tuesday or Wednesday, I will add more longs. That is the plan as I mentioned on the weekend.

Weekly summary and next week trading plan.

I need to increase the long position on ES and reduce the short position on NQ.


WOW! I just discovered something new to me.  I will change a bit how I close my positions starting next week!
  
Consistently reviewing and  learning from the past trade record  always help!  I'm not talking about what I'm writing here. I just want to show off here. :-)

 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17373.38	17477.40	104.02	0.6	-1.9
Nasdaq	5043.54	5048.23	4.69	0.1	6.6
S&P 500	2077.57	2091.54	13.97	0.7	1.6
Russell 2000	1206.90	1212.69	5.79	0.5	0.7

Next week, the market will go up!

The account balance reaches another new high today.

I haven't traded for the last couple days.  The last time I adjusted the positions was Wednesday.

I probably will need to adjust the positions next Tuesday or Wednesday. I just follow my plans.

I have the plans until the end of the month.

I'm wondering how many engineer's  salary I can make by the end of the year. I will just do the same thing over and over.   I've been avoiding my weakness. I haven't made a major mistake this year. Nothing is new.

Have a nice weekend.

How to make a stable income from the stock market.

成不成功都在你自己。

１。 仓位一定要严格管理。我说过很多次， 我一用到４０％的资金， 我就开始减。 （不减， 睡不着觉）。

２。 一定从自己身上下工夫。发现自己擅长什么， 什么是自己的弱点。 象我自己， 我能拿着ES上下几十点没有问题， 但是让我快进快出， 血压就高， 神经紧张。所以我拿了就不快进出。

３。一定要有计划， 看到很多人， 市场一跌了， 就去抄底， 或者去杀跌， 完全由市场控制， 这不行，要把计划都制定好， 该干什么就什么。

４。要重复使用已经验证过的方法。

I have to repeat myself. This time I repeat it in Chinese.

If my account balance

Stays pretty flat for the last several days including today. I'm either all cash or very skillful?
 I never will be all cash. :-).

But if the market keeps 3 digit movement for the next 10 days, I will brag if I survive.

I decide to spend more time

to analyze my own trade record instead to do the daily post here. I've introduced more readers since June 5th a couple months ago. It  boosted my ego since I've kept winning. But maybe it is too much. I sense the trouble.

I truly think most people don't know how to trade.  But maybe I'm just full of myself. As a result, I will shut up for a while.

8/6/15 Thursday update

The market  pulls back today! It is really a good opportunity for me to adjust my positions. It also will test my method AGAIN. I'm excited. :-)

I will wait until the last hour to shuffle the positions.

8/5/15 Wed update

I got up at 8am.  I'm suffering a bad jet lag now.

The market moves towards my favorite and I don't need to do anything. (I don't want to increase the trading size at this moment).

 I face a different challenge in the stock market compared to a lot of people in the trading. It is not hard for me to make money and I'm able to keep making money. It will be another winning week for me. I already have plans for tomorrow and Friday.  But the money comes too easy for me. That is the challenge. I become less cautious every day as the balance of the account reaches a new high.

8/4/15 Tuesday update

Oil rebounds since the Chinese stock rallied last night. Basic Materials and Energy sectors are doing good because of the oil price.

Watch for AAPL.

U.S. factory orders increase 1.8% in June
Range is too small for me to do anything.  Now I have minimum positions and I will wait.

Updated at 7:25am. I added two ES neutral positions. I'm so used to not watching the market but I still want to be a part of the game. Yes, the balance is still at 52 weeks high.

Updated at 11:20am: I added some long position at ES 2083.

This week's event.

Please ignore the ads people put on the comments for now. I don't have time to clean them up yet.

I'm back and July Summary.

When I speculated that the market was about to pull back on July 16, it has been more than 50 points drops in ES. As a result, I made more money (more than 20K for the last two weeks) with  the limited internet access. So maybe you should pay attention if I speculate something next time. :-)