Trade anaylsis

I normally do this on Saturday but we went to skiing yesterday. So here you go.

I didn't trade much as planned.  The commission was even less than half of the previous week. Oh, well. It is still a positive week.

I'm ambitious again and want to make money next week. :-)

As you've probably already seen that I never get the perfect entry for the long or short position, but I could make it work most of time.

Notes.

I found it helpful to put notes and thought into the calendar which I downloaded from internet.

Next week trading plans and thoughts.

RANGE： ２０２０＋／－５ PTS －２０５５＋／－ ５ PTS.

The market probably rallies hard on Monday. I would sell covered calls  in the last hour if it happens. But if I have more than 5K paper profit, I will realize all and rebuild new positions in the last hour.

I expect that the market goes higher next week. But I will always be prepared if my speculation is wrong. 

3/25/16 Friday Weekly Review

A short week. I have another winning week.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17599.42	17515.73	-83.69	-0.5	0.5
Nasdaq	4795.65	4773.50	-22.15	-0.5	-4.7
S&P 500	2049.50	2035.94	-13.56	-0.7	-0.4
Russell 2000	1101.67	1075.10	-26.57	-2.4	-5.4

Take a break.

I don't want to force myself to make 10K per week.  I have been purely lucky recently.  As a result, I'm taking a break and will be busy with some other things instead of the stock market. (Cool down a little).

3/19/16 Saturday Weekly review.

All of my comments that relate to the trading from the last week:
 Guess the trading range.
Hope the market can pull back a bit at 8:30am on Monday
Finally, the pull back on Tuesday
Reduce the position before FOMC
Add the position back after FOMC
Added the position for the short term play(for Thirsday and Friday)

More to come. As  I said, I will not post the P&L going forward.  I still will summarize the trades and the market views.

Notes:

  1. Be sure to adjust the positions in the last hour of the trading session, especially when there are important events. Check on what happened on Thursday, Mar 17th! The price was a lot better in the last hour. I need to pay attention to the time frame from 8:am to 8:30am.

  2. What did I do on Tuesday?  What could I have done better next time?

  

Event last week:

3/18/16 Friday

   I will post my P&L this week tomorrow. But it will be the last time I post the result since it is not helping me mentally.

 Pull back is on the way?

3/16/16 Wed update

  I did pretty good again.  I pretty much executed the trade that I planned last night. I cut loss on VIX and reduced the position before FOMC.

  I added more positions in the last hour.  I expect that I will get more money by the end of the week.

3/15/16 Tuesday update

I changed my mind. 

Yup, the profit might be gone by the end of the week or I can double the profit.

3/14/16 Monday update

I didn't sleep well due the time change and I just got up. I covered one short at 2015.5 now and I cut loss on 1 VIX call also.

I still need to wait and hope that the market can move up or down a little more so that I can take another action.

I will concentrate on doing my work until then.

Trade anaylsis and Next week.

I did well this week. I don't make this kinda of money from my daily work.  I will spend more time to analyze my trade. Yes, I will keep the money. It is much more important than making money.

I thought about closing everything on Monday after I had 2.8K profit. Anyway, I got lucky this time.

TODOs:

   1. What should I do with the position in hand?  There is FOMC on Wednesday and Quadruple Witching on Friday. I need to be careful about Friday.

  2. Review all my past trading record for the third week of March and find the weakness.

  3. Review last 10 weeks trade record on Friday.

  4.  Review the trade and my thought for the last week. For instance, I planned to book the profit at the early morning on Friday on Thursday. But I booked the profit and continued chasing the trend.
What was I thinking? What happened on Thursday?

 5. More exercises and Starbucks.

3/8/16 Tuesday

I bought 1 ES at 1978


Update at 9:15am: Out 1 ES at 1989.25/

Here is the report from yesterday. I don't know whether I still have that much profit by the end of the week.

3/7/16 Monday update

Range: 1,984-1997.So far so good.

I increased the buying power by buying some really out of money options. It is necessary for me to hold the position peacefully.  It is called the insurance money.


Updated at 10:30am:

I like this kind of market. It is slow and the range is small and I don't need to do anything right now. 
 Range: 1984--2004
 

A bigger picture.

 I'm cautiously Bullish in March. But you never know. :-)

 

Trade anaylsis and Next week.

 I'm actually learning from myself.  I put the mistake I made two weeks ago behind me.

The last week range: 1920---2007.
I'm expecting the range will be pretty small for the next 5 days.

My current positions will generate the max profit if ES is between (1988 --- 2010)
I started with  1960p-1930 bull put and 1960C -1990C Bear Call spread  and some ES last week    I did very well by cutting loss of the bear spread at the very early stage. But the commission is high.



By the way, earning season often starts with AA and ends with WMT.

   

The comments that  I made after I traded.
http://bbs.wenxuecity.com/finance/3982742.html
http://bbs.wenxuecity.com/finance/3982649.html

http://bbs.wenxuecity.com/finance/3982698.html     I've unrealized loss in the vix position right now.
http://bbs.wenxuecity.com/finance/3983371.html
http://bbs.wenxuecity.com/finance/3985098.html