"She can take the dark out of the nighttime and paint the daytime black."
BTW, you can skip the first 1:30 of this video... it's just backstage stuff.
Tuesday, September 25, 2007
"She can take the dark out of the nighttime and paint the daytime black."
I didn't trade too much today. Instead, I built a position in DE and sweat.
I don't have my work computer up anymore, but I think I lost $300 in him. There were times I was up $800 in him and other times when I was down $1000 in him. It was a lesson for me, to hold a position the whole day and not churn in and out of it.
The thing is, I think I can trade less and make more if I put my mind to it.
August was great for me... it was a market that asked to be traded heavily. However, September is completely different, volume has declined and the swingers seem to be raking it in. And you know, longer term I think that swing trading would be healthier for me... and if I could put on a few positions and not have to obsessively watch them, I could probably "work less" so to speak.
Working less is one of my goals in life.
Work less and write more. Write less about trading.
This is all developing of course. I'm just thinking here...
Anyway, it was great to read some of the posts on Wallstreak today. Some of those guys really did well today. If you're the type who can build a position and be confident enough to let it run for you this market has been great.
So I'm going to try to do more research in the morning and make a watchlist of like, 10 stocks and look to trade them only...
We'll see. Time to watch a movie. I got September Sessions through my local library. I'll report back on it tomorrow.
No stats tonight... I'm keeping that work computer off.
Misstrade, $8125 on 17,600 shares traded.
Akalawoo, $563 on 42 contracts traded.
OBAT, $370 on 6400 shares traded.
Tapeworm, $135 on 6 contracts traded.
Me, $67 on 16,600 shares traded.
Evolution, switching firms... no trades.
Momojuicing, -$53 on 8000 shares traded.
Denarii, -$59 on 2800 shares traded.
Bubs, -$125 on 5200 shares traded.
Well, it's one of those days where the indexes don't really tell the full story. Today was a day to look at sectors and individual stocks to gauge the strength or action in the market. On the NYSE it looks like just over 1,200,000,000 shares will trade. Less volume than yesterday's already zombie-like trading.
Still, over at Wallstreak, guys were making gobs of money trading CROX and the solar companies.
Remember, ever since the Daily Show detailed the "dirty secret" about CROX that stock has been on fire.
Anyway, I have to get out of here quickly, so I'll post my "daily" and video later this evening.
UPDATE: YOU PEOPLE AMAZE ME. THE CNBC "SEX POLL" IS UP FOR 4 HOURS AND IT ALREADY HAS MORE VOTERS THAN THE "R" POLL GOT IN A WHOLE WEEK.
I bought 200 at $50.11 and sold 200 at an average price of $55.16.
That was my first successful "swing" trade since opening my account at the beginning of the month. Despite the win, I'm still down in the account due to the drubbing I took in the QID when the FED cut rates.
Meanwhile, yesterday I purchased 100 shares of POT at $99.86 and today I picked up 300 DE at $141.68.
UPDATE: I sold 100 DE at $142.44. I was over my overnight limit at my firm...
After the abysmal showing in my last poll, and spurred on by my newfound "porn fame" I've gone lowbrow again for this poll to try and get more of you involved.
The question is:
Which CNBC Anchor Would You Like To Sleep With?
Mark Haines Sue Herera
Joe Kernan Steve Liesman
Now there's something there for everyone... don't be shy, voting is anonymous. If I've left someone out, please fill us all in.
NOTE: Apparently, you can only have 10 options, so I've edited the list.
12:24:13 PM Lori - eSignal Hello, and thank you for using LiveRep.
12:24:13 PM Lori - eSignal What can I do for you today?
12:24:50 PM You Hi, my cursor window seems "stuck" the time doesn't move anymore when I scroll my cursor over the candlestick bars on my chart.
12:25:13 PM Lori - eSignal is there a specitic time that you see in there?
12:26:00 PM You Well, it changes from graph to graph. Right now, my graph says 13:25 but my cursor is on the 11:00 am candlestick.
12:27:14 PM Lori - eSignal I am sorry but this is too complicated to resolve here in LiveRep. Please call us at (US) 1 (510) 264-1700 option 2, (London) +44 (0)20 7825 8777 or (Sydney) +61 (2) 8668-1600 option 2
12:27:24 PM Lori - eSignal Thank you for your patience
12:27:46 PM You Wait... I've solved it before with you on Liverep... I just don't remember how.
12:31:48 PM Lori - eSignal unfortunately, that session isn't coming up. At this point, please call in for further assistance. Thanks again for your patience.
12:32:11 PM You Thanks. You guys are the best.
12:32:48 PM Lori - eSignal signing off now;you're welcome, and thanks!
12:32:48 PM Lori - eSignal bye for now
This is an actual transcript of my "conversation" with their "customer service" idiot.
Seriously, I sign onto their "LiveRep" service and I'm told that my wait time will be 45 seconds. 10 minutes later, I'm "chatting" with one of their knowledgeable representatives. The reason why I don't call is because I hate waiting on hold for 20 minutes for such a simple question.
Meanwhile, note how it takes nearly 10 minutes to have this simple conversation.
You know, I don't think any of us could have predicted a few weeks ago that High Probability Trader would rename his site, High Probability "Blowup" and start posting nude videos of Angelina Jolie...
Honestly, I love his site now more than I did before because you just don't know what you're gonna get! He's like the blogging version of that movie character from the movie Network, the "I'm mad as hell and I'm not going to take it anymore" guy?
Anyway, kudos to HPT on picking up the pieces and transforming his blog.
Just in case you missed it, my friend Trading Goddess managed to find a picture of me in a "compromising" situation.
Go ahead, check it out. It's a little embarrassing but now that it's hit the internets I feel no reason to hide from it. My guess is that everyone shows up naked on the internet eventually, right? Still, as I mentioned in her comments section, the picture makes me look old.
Meanwhile, the movie we're watching is "Jurassic Pork" a classic, 1973 Dinosaur Porn flick.
NOTE: In a disturbing development, I have received many hits from Google now from people searching for porn involving geriatrics...
Not to start the day off on a downer, but remember when Bush "won" in 2004 by the slimmest of margins? But then he acted like he won in a landslide?
Well, that's how I'm treating this poll.
Here was the question: "Is "R" A Useful Tool For Measuring The Success Of A Trade Or Does Your Account Total Already Do That?"
The results: 37 total votes. 45% (17 votes) thought R was useful, 55% 20 (votes) thought R was useless.
This poll suffered from very low voter turnout which surprised me somewhat as I thought that "R" was something of a hot-button issue in the stock blogosphere. Anyway...
The people have spoken and they have decided that "R" is completely useless. In fact, from here on out, should you speak of "R" your phone will be bugged, your family will be kidnapped, and you'll be forced to watch Bob Saget clips on Youtube all day.
In other news, I finished Tapping The Source by Kem Nunn. While it was somewhat pornographic in parts and gratuitously violent in others, I really liked his style of writing and can confidently recommend this one. I am now reading Dark Noon by Tom Clavin.
Okay, now see what will come of you if you mention "R" again...