A Monday Warmup
Net: +$300.30
Trades: 75
Shares Traded: 66600
Stocks Traded Today (net profit/loss):
Dynegy Inc. (DYN): +$233.30
USEC Inc. (USU): +$71.04
Arch Coal, Inc. (ACI): +$43.33
The Dow Chemical Company (DOW): +$38.90
Peabody Energy Corporation (BTU): +$37.88
Big Lots, Inc. (BIG): +$28.70
Mirant Corporation (MIR): +$15.94
Washington Mutual, Inc. (WM): +$8.39
CSX Corporation (CSX): -$0.64
Wal-Mart Stores, Inc. (WMT): -$52.94
Herbalife Ltd. (HLF): -$123.63
After an exhausting long weekend (I helped re-paint my parents kitchen), I came in the office today a little weary.
For a brief moment this morning, I kinda forgot my trading rules and what exactly I was looking for and how I was going to do it.
So I scaled back my position sizes yet again today, just as sort of a warm-up. Usually after a long weekend, I feel as though I'm a little rusty, a little slow, and I tend to forget some of the things I was trying to work on the week before.
Aside from that, there's really not much to tell you about...I finally put on a good trade (a trade in which I make $200 or more)....it seemed like it was a long time ago since I've had one.
After a quick start to the morning, I found myself losing practically everything.
Around midday, I found myself getting annoyed and frustrated and even though there was a nice overall move to the downside at around 2PM, I still managed to lose money.
I made some of it back, but only after a couple of aggravating trades.
During the day, Dynergy (DYN) seemed to thicken up (i.e. sizes on the bid and ask got bigger) and as a result, I took a few 5000 and 6000 share positions on it, but without very much success.
But overall, I kept my position sizes small and I mostly just traded 1000 share positions today.
Anyways, gonna keep this short....as you can see, there was no weekend reading this past weekend (as mentioned earlier, I was at my parents house re-painting their kitchen and I had to take some time to do my taxes), which means that this weekend will be a 2-for-1 weekend reading (hope you all have lots of extra time this weekend for all that reading!).
Now that I'm all warmed up, let's see what tomorrow brings!
(trades in which I make $200 or more)
- 9:32:21AM - Dynergy (DYN) opened strong and when each level seemed to melt away, I waited for the $10.30 level to melt away. When it did, I went long 2000 shares and DYN($251 profit before fees ; Long 2000 shares @ $10.30 ; Out: Didn't record)
quickly popped up...I got out as follows: 9-cent winner (1000 shares), 16-cent winner (900 shares), 17-cent winner (100 shares)
(trades in which I lose $150 or more)
- None
Labels: trading
2 Comments:
Hey JC,
Since you brought it up....how is that tax preparation going? :)
You could not have possibly gotten it all done in one weekend!
:)
I went the extension route..procrastination nation here..
Linda P.
By Anonymous, at April 09, 2007 9:31 p.m.
Linda,
Thanks for your comments. Heheheh....not quite done yet...I spent most of my time trying to figure things out and trying to find out which forms I have to fill out. I'm going to call them as well to see if I can get an extension :) Eventually I'll figure it out....eventually.... :)
By J.C., at April 09, 2007 9:36 p.m.
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