I'm not updating this anymore.

   I don't have much energy to keep on top for everything anymore.  I'm busy with work, stock trading and real estate business. I don't have time for myself .  I've done two deals already after I got the real estate license in June. My stock income is the same as my annual salary and I've kept up with my work.

   I'm too tired and lost focus. I will not post any message on any website anymore. I will do some soul search.

  Bye.

Haha, It is trending up today, not yesterday.

Anyway, it didn't hurt me. I didn't have a single trade yesterday since the loss was acceptable and I didn't want to add more long position either.

 So I'm having a good time now.

I'm too tired to do anything.

  Tomorrow is another day.
  

Losing...

Losing Money now. Oh, well. the loss is acceptable.

I  will check the market in the last hour. 

Tomorrow

It will be a big trend up day.

The market refused to go down today. I will close everything if the goal is reached.  Most of my positions were built last Thursday and Friday. I bought dip yesterday and sold it in the after hour trading.

The beer is good. :-)

I had a nap and bought 1 es at 2022 .

All I want to do

is to drink beers and sleep.

What a long day for the last couple days!  I'm so tired after I sit my butt all day long  with bunch of serious tech geeks from 7am to 5pm with 1 hour lunch break  One more day to go!

The market is stuck in the range, I'm doing good with the existing positions.

Tomorrow it might pull back!

  I bought some long position at the pull back in the meeting. But I'm submitting a sell order now to sell it after hour since I just checked the vix chart.

  I will play on the long side if ES ever goes to test 2000 tomorrow.

  Ok, I'm back to the meeting now.


Ok, I sold it. oh Yeah!

Oct 19th-- Oct 23th.

The earnings that matter to me: IBM (Mon). BA(Wed) and MSFT(Thur).

No matter how bored I feel, I still do it. :-) It is like a route on the weekends.

Weekly Summary

   Hmmm, have you guys noticed that? I actually am able to realize my weakness and keep working on it until I'm able to finally do it. My never give up mentality helps me. :-) Let's see how I handle the market crash like the one in August next time.

   This week, I give myself  "A" for the performance. I was not by the computer on Monday and Tuesday.

   As I mentioned, I will continue to be bullish next week. ES 2000-2020 as the support. Maybe 2060 as the upper range. But you never know. That is why we need to be careful.

    I will be in gone again next week for 3 days!  So my goal for next week is not to LOSE money.

   I also think about taking a break from writing the blog as well since trading is so boring and repetitive.  Until then,  happy trading and good luck to all of you!

Next week:

China’s third-quarter GDP is announced on Monday, 19 October.

US housing starts are reported on Tuesday, 20 October.

UK retail sales are released on Thursday, 22 October.

The European Central Bank announces its monetary policy on Thursday, 22 October.

The eurozone composite purchasing managers’ index is reported on Friday, 23 October.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17084.49	17215.97	131.48	0.8	-3.4
Nasdaq	4830.47	4886.69	56.22	1.2	3.2
S&P 500	2014.89	2033.11	18.22	0.9	-1.3
Russell 2000	1165.36	1162.31	-3.05	-0.3	-3.5

HAHA! "My Kind Of America" With Jack Black

Jack Black & Stephen Colbert




We laughed so hard on this one.

My plan for today.

1. Work from home.
2. Paint the gate. Yeah, I actually am going to do it since I don't like to sit by my laptop all day long.
3. Do the laundry? (Maybe).
4. Market. I probably am not going to watch and do anything right now. Moving sideways is pretty typical after a big run like yesterday. I already built a bullish position yesterday and don't want to add any more since I have a lot of time to do it next week.

Never mind,  forget about the plans. I'm heading to the office to social with coworkers.   :-)

Dow, S&P 500 log best closing levels since August’s plunge

You know what it means?

I will see the up momentum going for a while.  Maybe the new trading range has been formed after the last two month's adjustment.

So it is not late to be bullish. We still have time. :-)

I can't believe it.

  Man, I traded so similarly as I did on last Thursday.

The only difference is that I cashed out my position in the early morning , then I went to the dog park.  I started to build the position again after I heard from radio that the market was up over 130pts after the Fed minutes last Thursday.

Today I  was at work. I knew it was a strong trend day and I closed my positions around 2010(ES) after the goal for the week was well reached.

 I started to build the position again in the last half hour for the next week. I even started with the same amount of the contracts as I did on last Thursday!

It is so repetitive!  

I've had 20+points

gain per contract from last week based on.
 Pullback is imminent! 

But I never do the naked short and always adjust down the road. For instance, I bought dip yesterday. I planned to buy more today to make my position neutral but I've been too busy at work. Trading becomes secondary.

10/14/15 Wednesday

I just came out from the meeting.  I've not done anything yet. It is still pretty range-bounded.

 The market moves slow most of the time. If you agree with me,  the market always gives us a lot of opportunities to correct the mistakes.  We need to be humble and cautious in front of the market.

 I will wait for the final hour  to see whether I need to do any trading.

 

10/13/15 Tuesday

It was normal pull back today. Hmm, I added some long positions today although the pull-back is not that much.

  It is a very obvious buy-dip opportunity to me.

  I will start to reduce the short position tomorrow if there is weakness in the morning. Or I might close all if the target is reached.

10/12/15 Monday the Columbus Day

I was out all day and very exhausted and will be out all day tomorrow too.

I can trade if needed. In this case, I will only handle the emergency situation since I have been fully occupied at work.

The goal is not reached and it is another reason for me not to trade today. The dollar amount of the gain today is probably more than my pay at work. Oh, well. It is different  I'm using cutting-edge technologies to help build a very complex cloud computing system.

 

中国舞蹈

One of my girlfriends is a dancer. She invited us to watch "Rhythm of Dance" over the weekend.
I'm sort of Americanized.  :-) It was  nice to watch the Asian performance and listen to the slow music. My husband probably prefers to stay home watching college footballs.

Remove the rule #1

 This week I only need to work on booking the profit once the goal is reached. Even if the account balance is reached tonight, I will close them all.

 People would think that I'm optimistic since I only work on how to book the profit. If you read the blog long enough, You will know that I'm really good at cutting loss.

 No more restriction on the after hour tradings anymore.

 Last week, I gave myself  B+ for the performance. I tried to follow the rule #1 and  now I get rid of the rule #1. I hope that it should be a little bit easier for me.

Oct 12th---> Oct 16th Earning season

• China’s consumer and producer price indices are reported on Tuesday, 13 October.
• J.P. Morgan, Intel and Johnson & Johnson report quarterly earnings on Tuesday, 13 October.
• The UK Labour Market Report is released on Wednesday, 14 October.
• Bank of America, Google and Wells Fargo report earnings on Wednesday, 14 October.
• The US Consumer Price Index is reported on Thursday, 15 October.

I think the market will rest for a while. Maybe it will be range-bounded. I will treat ES 1980 as the support and maybe 2020 as the resistance.

By the way, it was a beautiful Friday when we were on the boat. We threw goldlfish crackers into the water. A lot of sea gulls flew over to get the crackers.  I was bored and I waited for a good entry to open more positions for the coming week.

 I have a very busy schedule at work next week. I will be traveling to the different offices for the conference meetings. I probably will not update the blog.  But I still hope to make some money from the stock market.

Weekly summary

   If we buy and hold for this week, the balance of our account will increase by 3.7%. Unfortunately, we don't know the future. We didn't know we would have an awesome week. :-) .

   I was skeptical about the last Friday's big reversal so that I held the short positions into this week.
The future rallied on Sunday night and I really wanted to close the short positions. Remember the rule I set for myself?  Don't trade after hours.  I can't break the rule!

  Check out the post on Monday and I closed the shorts around 1955. I lost  around 20 pts per contract. But I didn't go all in on Monday. I've kept adding long positions with slight hedges and I was out all on Thursday before the Fed's notes. (Oh, well, I could have made more if I held until the end of the day on Thursday). This is a very big improvement for me.  I've set a weekly goal for me and I need to be out once the goal is reached.

  I feel really good that I actually did it after several failed attempts.  I saw a really good set up by the end of  Thursday so that I built my position again.

The market view for next week? I will add more later.

 Is it sucker's rally?  I don't care. I respect the price.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	16472.37	17084.49	612.12	3.7	-4.1
Nasdaq	4707.77	4830.47	122.70	2.6	2.0
S&P 500	1951.36	2014.89	63.53	3.3	-2.1
Russell 2000	1114.12	1165.36	51.24	4.6	-3.3

This is freaky!

Extremely-rare-shark-weirdest-looking-animal

10/9/15 Friday

  It is the consolidation around 2005(ES). I don't need to do anything. I would like to increase my position by the end of the day.
  I'm thinking about going fishing after the morning meeting since I will have a very busy schedule next week.

The pull-back is imminent

Did I post  the similar post before?  LOL It is not a trading advice! It is just my personal view.

In case you haven't watched it,

It is pretty funny.

Hillary Clinton Bar Talk - SNL

   

10/8/15 Thursday update

  I'm changing. Yes, it is hard to change the old habit, but I've reduced a lot of positions after my goal for the week has been reached.

  When driving back to home,  I've asked myself why I'm not totally in the cash position today?  I don't get that much money from work in a week.  Once I got home, I login in the app and tried to sell all.

  But it is very slow in the after hours trading, my orders have not been filled.  As a result, I will close them all in the early morning tomorrow.  Until then,  I will call it a victory if the profit is still there. :-)

Action for tomorrow: Dump ALL POSITIONS and start over again after AA ER.

 Ok, I will trade if the range is beyond 1960-->1990 (ES) tomorrow if I don't close all.


Update at 7:40am:

 Cool,  I actually did it! I made money on both long and short. I'm pretty much all cash now! HAHA!
I feel really good.

 No more update today if I don't take any position.

12:45PM.

  Both my hubby and I sneaked out from work and went to the dog park in the morning.  I didn't bring my cell and I heard that the market was up 130pts from the radio and then I asked him to drive faster since I want to open some positions before the market closed. :-)

  We made it home around 12:45pm, I shorted  ES at  2005 and some other combination.  I stopped him while he was talking to me when I was at this bid and ask war. :-). Don't blindly follow me to trade.  Your money, your decision.  I think the market will pull back a little. but I can be wrong and I have been wrong many times.

   Now I feel better.  It is a very good day!

 

10/7/15 Wednesday

  I will watch for the range ES (1950-->1980).  If it reaches the upper range, I will add some short positions. I guess the trading volume for tomorrow will be light so that I don't plan to trade much if the range is still small like today.

  Watch for AA earning on Thursday.

Update at 7am:

  My goal for this week has been reached. I added one short at 1987 and I closed some long positions.
I will check the market around 10:30am to see whether there is any pull back.

  I should close all and build new positions after the AA earning.  I would probably feel bored if I'm all cash  between now and tomorrow.

  LOL. I learned some new lyrics, ironically it is from my Chinese website.

  

 Empty Vessels Make The Loudest Sound.

 

 Time to work.

 

 

  

 

10/6/15 Tuesday

The market is traded in a small range. It is very typical after a big up day. I would like to take an action if ES is beyond the range of  (1963---1982) (ESZ15).

10/6/15 Monday Strong uptrend today.

  Yes. I traded before hours. (It is an useless effort to change the habit.). I added long at 1955 before the market opened when I got up. It was close to the opening but it wasn't.  I just can't help it although it went to 1955 in the normal trading hours.

 Today it worked. But I got into trouble by doing that before.

 The market stays above 1960 (ES) for the hour.  It is a bullish sign.

 I will come back at 11AM PST to check the market condition.


11:30AM:

  I'm starting to reduce the positions!   I only have 1 ES left at 11:40AM.  I will build the swing positions by the end of the day.
 

Oct 4th---> Oct 9th

Last week:

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	16314.67	16472.37	157.70	1.0	-7.6
Nasdaq	4686.50	4707.77	21.27	0.5	-0.6
S&P 500	1931.34	1951.36	20.02	1.0	-5.2
Russell 2000	1122.79	1114.12	-8.67	-0.8	-7.5

1. I will only trade from 6:30AM to 1PM PST in the normal trading hours.

    Sunday    pass.

2. I will not wait until the last moment to close my positions.

  We will see.

3. Spend less time on the market.

   We will see.

Weekly review

  The market has been stuck in a range after the big sell-off on Aug 24th. The trading range for ES is 1860-2000. It has been a very big challenge for my trading method and habit. I survived but I would like to focus on changing some old habit.  It is really hard.

I need to ask myself the questions from now on.

  1. Did I trade after hours? 

        yes. It is necessary? no.

  2. Did I not book the profit after the amount is beyond the expected amount?

        No, I didn't book the profit.

        Why?
     
         I thought the market would continue going to my favorite for a while.

         What happened?

          I was wrong and  gave back some gain.   The Market didn't go to the direction as I expected.

  3. Did I reach my goal for this week?

     Yes.

  4. Did I spend a lot of time watching the market? Did I spend a lot of time talking on the forums?

  5. What else have I done besides playing stocks?  Did I have lunch with friends? Did I stay contact with friends? How many times have I cooked dinner?

  6. What's the plan for the next week?
  
Of course, I will not post all the answers here.

My goal for the week

has been reached with this small trading account. But I said that I will start counting next week.