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.