I believe that greatness is measured by small gains. I am an equities trader. My trading goal is to achieve one to two percent per week I have a sixty one percent success rate. My average return on investment is .50% per $100,000.00. I have no problem going short or long; however since stocks tend to go down faster then they go up most of my trades will be bearish. I am a technical trader. I only trade one to maybe four major chart patterns. These patterns occur on a regular basis. Most trades are only held for one day. Sometimes I will hold the position overnight. The reason for holding the position overnight is because I sometimes take advantage of the gap that happens in after hours trading.
Each week I will post at least one trade. I will post the chart and my recommended action via long or short before the next days open. I will also post the results of that trade along with a running total of my gains and losses. I know that posting one trade a week is very hard, but it takes discipline to accept your winnings and live with your losses. It takes a lot work to set up one trade for the week. I start my set up for the week on Friday and finish just before the market opens on Monday most weeks. I have other trades that I put on, and I keep a traders log for everything I do. These are available for those who are serious about working together in this very lucrative business of stock trading.
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Real time data for entries and exits: My E*TRADE Account.
Brokers Fee: $9.95
Starting Balance: $100,000.00
This weeks starting
Balance: $116,461.00
This week’s goal Amount: $117,465.00
Trade Week: #10
Current Balance: $117,946.00
Trade date: Monday 09/08/09
Trade #05 of week #10
Amount traded Approx: $115,000.00
Reason for the amount: This is a known Stock that I follow everyday. I feel safe trading this amount and the risk is not to much.
Trade date: Monday 09/08/09
Current Balance: $117,946.00
Trade #06 of week #10
Amount traded Approx: $115,000.00
Reason for the amount: Known Stock
Session Stats
SYMBOL: S
COMMENT:
STOP LOSS: EOM
ENTRY POINT: $3.71
EXIT POINT: $3.69
ACCOUNT VALE: $118,311.00
REASON FOR ENTRY:Known Stock
MKT. COND.
ORDER TYPE: LIMIT
Successful trade: Y
Bullish trade:
Bearish trade: Y
Loss: $
Profit: $365.00
% Gain: 0.4
% Loss
Shares Traded: 18,780
REASON FOR EXIT: MKT. CHG's.
___________________________________
Session Stats
SYMBOL: S
COMMENT:
STOP LOSS: EOM
ENTRY POINT: $3.68
EXIT POINT: $3.70
ACCOUNT VALE: $117,945.00
REASON FOR ENTRY: MKT. Moved Down.
ORDER TYPE: Limit
Successful trade: Y
Bullish trade: N
Bearish trade: Y
Loss: $
Profit: $612.00
% Gain: 0.5
% Loss
Shares Traded: 31,125
REASON FOR EXIT: MKT. CHG.
_________________
Trade Week: #10
Current Balance: $117,332.00
Trade date: Monday 09/08/09
Trade #04 of week #10
Amount traded Approx: $115,000.00
Reason for the amount: This is a known stock.
Session Stats
SYMBOL: S
COMMENT: This is a known stock. I follow it everyday.
STOP LOSS: EOM
ENTRY POINT: $3.75
EXIT POINT: $3.73
ACCOUNT VALE: $117,332.00
REASON FOR ENTRY: MKT. Started moving down.
ORDER TYPE: Limit
Successful trade: Y
Bullish trade: N
Bearish trade: Y
Loss: $
Profit: $613.00
% Gain: 0.5
% Loss
Shares Traded: 31,125
REASON FOR EXIT: MKT. CHG. Direction.
____________
Trade Week: #10
Current weeks,
Balance: $116,719.00
Trade date: Monday 09/08/09
Trade #03 of week #10
Amount traded Approx: $58,000
Reason for the amount: Due to the rules of my blog, I need to save cash in case I have to take a loss.
Session Stats
SYMBOL: ZSL
COMMENT: This was a chart I charted but I did not write it down.
STOP LOSS: EOM
ENTRY POINT: $5.53
EXIT POINT: $5.56
ACCOUNT VALE: $116,719.00
REASON FOR ENTRY: I thought it would go down. The price is back at where I got in, but I could not take a chance so I got out before I had a loss for the day.
ORDER TYPE: MKT
Successful trade: N
Bullish trade:
Bearish trade: Y
Loss: $321.00
Profit: $
% Gain:
% Loss: 0.8
Shares Traded: 10,400
REASON FOR EXIT: MKT. turned around.
Trade date: Monday 09/08/09
Trade #02 of week #10
Amount traded Approx: $115,000.00
Reason for the amount: This is a known stock. I went all in so to speak.
Session Stats
SYMBOL: S
COMMENT: This is a know stock.
STOP LOSS: EOM
ENTRY POINT: $3.86
EXIT POINT: $3.84
ACCOUNT VALE: $117,041.00
REASON FOR ENTRY: EOM (eyes on market)
ORDER TYPE: Limit
Successful trade: Y
Bullish trade: N
Bearish trade: Y
Loss: $
Profit: $590.00
% Gain: 0.5
% Loss
Shares Traded: 30,000
REASON FOR EXIT: Market changes direction
This week’s goal
Amount: $117,465.00
Trade Week: #10
Trade date: Tuesday 09/08/09
Trade #01 of week #10
Current ballance: $116,455.00
Amount traded Approx: $58,812.00
Reason for the amount: Due to the rules of my blog, I need to save cash in case I have to take a loss.
Analyses Steps:
N/A
Session Stats
SYMBOL: S
COMMENT: This is a stock I follow everyday.
STOP LOSS: EOM
ENTRY POINT: $3.85
EXIT POINT: $3.85
ACCOUNT VALE: $116,451.00
REASON FOR ENTRY: EOM
ORDER TYPE: MKT
Successful trade: N
Bullish trade: Y
Bearish trade:
Loss: $9.00
Profit: $
% Gain: 0.0
% Loss
Shares Traded: 30,000
REASON FOR EXIT: Market Changes direction.
Was weekly goal reached? YES!
Tuesday, September 8, 2009
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