Motorola's Birthday Present

Gross: +$1,337.37
Net: +$1,210.50
Loss From Top: $16.17
Trades: 81
Shares Traded: 117806

Stocks Traded Today (net profit/loss):
Motorola (MOT): +$608.63
Hewlett Packard (HPQ): +$227.05
Walmart (WMT): +$150.71
Advanced Micro Devices (AMD): +$93.54
Home Depot (HD): +$76.33
Ford (F): +$43.15
Bank of America (BAC): +$11.65
Corning (GLW): -$0.58

Sorry for the late posting, but today after work we went out to a fancy restaurant to celebrate my birthday today.

Ok. I'm now 28. I'm starting to feel a little old (and a bit closer to 30). Am I where I want to be? Not quite. But I am really trying. Maybe I should ask myself that next year when I'm 29. If I'm not where I SHOULD be, then maybe it might be time for a change. But I feel that a little progress is better than no progress and I will continue to put in 110% into this.

While updating this blog over the weekend, it occurred to me that I've been at this for about a year and a half and I've been full-time for 9 months. I had really expected to be much further along than I currently am, but I think I just need to push myself a little harder. Trading is obviously much harder than I had first anticipated.

I'll try. I'll really try hard and we'll see where we end up by the end of this year.

Anyways, enough of my ramblings...

Yesterday I said I was going to turn it up a notch, and today I did just that. I put on big positions at the right times and I really avoided overtrading. All this time, I think I was just afraid of losing money and reluctant to take some risk. Well, today I just figured I cannot go anywhere without taking any risks at all.

You can see by the number of trades I did today that I chose my trades wisely today which probably kept me out of trouble.

I caught a great trade on Motorola (MOT) late in the morning and I never looked back. Thanks for the birthday gift MOT. I felt so good about today and everything seemed to be going my way that I felt compelled to buy some lottery tickets today. We'll see if I win anything (though even if I win, I think I'd still come in to trade!).

One good trade versus no bad trades today.

Hrmmmm.....maybe I might still be able to salvage this month afterall. Let's see if I can do this again tomorrow shall we?

Good Trades
11:07AM - Motorola (MOT) and the Futures were moving up. There was some relatively big size on the ask (about 800) at $23.60 and when the Futures popped up and the level looked like it was going to break, I went long 10,000 shares. I rode it up and got out as follows: 3-cent winner (2000 shares), 5-cent winner (2000 shares), 6-cent winner (2000 shares), 7-cent winner (2000 shares), 9-cent winner (2000 shares) ($600 profit before fees ; In: 11:07:18AM ; Long 10,000 shares @ $23.60 ; Out: 11:09:31AM)

Bad Trades
None!