Diary of a Wannabe

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

Older

deniro1

07/07/04 4:17 PM

Post #88

Re: #87: @deniro1 - covered half of pd at

PD has been holding strong......pull backs are on low volume.....advances on high......waiting to get out of my shorts hopefully on the next pull back.....oil hit one month high yesterday. Ideally pulls back next dayor two with gold on the rampage.....would be ideal time to cover short position and load up full tilt on the gold shorts on thursday close or friday open etc.

deniro1

06/28/04 1:21 PM

Post #87

Re: #86: @deniro1 - Back in the same

covered half of pd at 64......now at 63 but holding strong d espite oil getting whacked in the open.....will see what the last 30 minutes looks like if downside momentum picks up.

deniro1

06/22/04 3:47 PM

Post #86

Re: #84: @deniro1 - Short Precision Drilling hopefully will

Back in the same boat.....short 8k at 63.00.. could have covered at break even or hold .....at least for half a point....mmmm....ultimate poker game

Gonna hold dem......last time was was short with average at 66.00 only to watch they slam it down to 58.75.......like the bid ask tension

everytime it rallies to 64.50.... 5k on the ask shows up....... 60k volume in the last hour not bad will love to see a COTL...

Also short 1k BCE dog of the telco industry....blew it up to 26.53...... now trading below the open.....would like to see the heavy pressure return on the ASK from the mut funds...this stock as not been able to hold a bid from the mid 28.40s....pounded mercilessly. Close shorts way too earch inthe high 26.88....left a full point on the table
.....well looking to reposition in the next two days

Trade Ideas Free

06/13/04 8:46 PM

Post #85

Great room. Heard Adrian T. (a trading coach known for her work studying the psychology of traders) that got me thinking - she also said there is no Holy Grail - the Holy Grail is you.

Go ahead and use systems that assist you in your thinking, but it comes down to you being the one who pulls the trigger - i.e., who makes the decision.

http://www.trade-ideas.com

deniro1

06/10/04 4:20 PM

Post #84

Re: #83: @deniro1 - Nem position short

Short Precision Drilling hopefully will get some pullback for a scalp trade....up two points .....looking for a half point give back tomorrow.

deniro1

04/03/04 11:08 AM

Post #83

Re: #82: @deniro1 - Nem power house

Nem position short order was closed out 45.25

deniro1

03/30/04 3:48 PM

Post #82

Re: #81: @deniro1 - closed out scalp short......

Nem power house today.......expect fake to the upside when CNBC commented that gold stocks overvalued ....what do they do ?......takem higher and squeeze the shorts.....lol

xau Filled downside jan 13/04 gap nicely now needs to back fill and head lower......look to closing out the short tomorrow at the latest.....don't like being short golds over night as they are in a primary bull trend....period.

Nice to see the xau pull back smartly in the last 15 minutes......had they pushed it to the HOD then i would be sweating......30 cent drop in no time.....lol

deniro1

03/30/04 1:02 PM

Post #81

Re: #80: @deniro1 - qqq pp=35.751 r2=36.221 r1=36.01 s1=35.541 s2=35.281 lookingto close short at 35.59

closed out scalp short......

looking to reshort NEm.....46.64

deniro1

03/30/04 8:11 AM

Post #80

Re: #79: @deniro1 - Trans bounced off the 50dma

qqq

pp=35.751
r2=36.221
r1=36.01
s1=35.541
s2=35.281

lookingto close short at 35.59

deniro1

03/29/04 6:05 PM

Post #79

Re: #78: @deniro1 - Covered Nem at 45.85.....have

Trans bounced off the 50dma

sox bounced off the previous pivot lows

vix back below 10dma

bkx broke DT(joined the trans/sox) from previous days

deniro1

03/29/04 5:52 PM

Post #78

Re: #76: @deniro1 - Short Nem..

Covered Nem at 45.85.....have to learn to take profits off the table....was up almost a buck at 12:30 when it bottomed at 45.20....next thing i knew wicked bounce.....gold stocks very resilient.

covered for 0.30.....shorted qqq at the close.....35.77.....looking for merely a scalp trade in the morning to close before 11:00.

deniro1

03/29/04 10:24 AM

Post #77

Re: #76: @deniro1 - Short Nem..

QQQ

pp=35.335

r1=35.47
r2=35.72
s1=35.09
s2=34.95

market has been in straight up trend since last thursday blowing through all PP like butter .....hitting tops an d taking out Keltner Channels

If a pull back occurs would look at buy in the QQQs in the 35.40 range

deniro1

03/29/04 10:21 AM

Post #76

Re: #75: @deniro1 - k....back in on Tuesday.....now

Short Nem..

SS NEm=46.15......Stop=46.60

deniro1

10/27/03 1:16 AM

Post #75

Re: #74: @deniro1 - System to be revamped...not happy

k....back in on Tuesday.....now 100 per cent cash.....closed out QQQ's short posn on friday between 33.72-33.78.......in threes. Looking towards PDG hitting the top of the rising channel to go for a scalp short and outside upper BB.

deniro1

08/22/03 3:29 PM

Post #74

Re: #73: @deniro1 - x2(b1) sell at 14:50 hrs....qqq32.05

System to be revamped...not happy with results.....back to the drawing board.....moving averages are slow in predicting direction.....best to read the tape....support/resistance key indices etc....time of day....daily rhythms.

deniro1

08/19/03 3:02 PM

Post #73

Re: #72: @deniro1 - x1(b2).....brink of going to sell.....

x2(b1) sell at 14:50 hrs....qqq32.05

deniro1

08/19/03 1:39 PM

Post #72

Re: #71: @deniro1 - x1(b2) xo.....10:03....qqqs at 31.40

x1(b2).....brink of going to sell.....
qqqs at 32.15

x2...b1b2...both buys

deniro1

08/18/03 12:53 PM

Post #71

Re: #69: @deniro1 - x1=b2 went to sell on 12:09 hrs on

x1(b2) xo.....10:03....qqqs at 31.40

now 31.72

deniro1

08/18/03 10:30 AM

Post #70

Re: #69: @deniro1 - x1=b2 went to sell on 12:09 hrs on

x1(b2) just gone to buy.......

x4(b2) just about to xo to buy

deniro1

08/18/03 10:22 AM

Post #69

Re: #68: @deniro1 - Power outage lasted 25 hrs......will

x1=b2 went to sell on 12:09 hrs on friday....monday morning pinch attempt 10:03...turned back first attempt...

x2(b2) and x3(b2) buy several days very strong

x4=on sell still trying to turn up

deniro1

08/17/03 10:33 PM

Post #68

Re: #67: @deniro1 - all signals in the

Power outage lasted 25 hrs......will enter system signals in the morning ....going to call it an early night. This weeks big data will be michigans numbers tuesday and house sales data and i believe HPS number after the bell tues also.....later.

deniro1

08/14/03 1:13 PM

Post #67

Re: #66: @deniro1 - x1=b1b1 sell mode confirmed

all signals in the first and last 30 minutes will be negated to avoid whipsawville......

Will need to clearly define s/r on the indices

deniro1

08/14/03 10:42 AM

Post #66

Re: #65: @deniro1 - x1....x3....b1s couple of whipsaws......less relevance

x1=b1b1 sell mode confirmed
x2=b1 sell...b2...buy.....conflictingwith x1 no posn
x3=b2still on buy
x4=b1....sell.....b2 about to generate a sell

auxillary dow in sell territory

deniro1

08/12/03 3:20 PM

Post #65

Re: #64: @deniro1 - x1...x4....b2s are all on buy

x1....x3....b1s couple of whipsaws......less relevance

deniro1

08/12/03 3:19 PM

Post #64

Re: #63: @deniro1 - slow day ...

x1...x4....b2s are all on buy mode

deniro1

08/12/03 2:04 PM

Post #63

Re: #62: @deniro1 - quick drop on no news......dow

slow day ...
x1=b1 gave sell 1340...b2 on buy since aug 7 1230 approx.
x2=b2 buy since 11-8....1240 hrs

deniro1

08/11/03 11:20 AM

Post #62

Re: #61: @n2ta -

quick drop on no news......dow up 60,,,,flat

n2ta

08/06/03 4:18 PM

Post #61

Re: #60: @deniro1 - my my oh fast things

deniro1

07/14/03 3:45 PM

Post #60

Re: #59: @deniro1 - the system has

my my oh fast things change....lol

first three signal gave b1s
but within last 30 minute of day....little emphasis

deniro1

07/14/03 2:59 PM

Post #59

Re: #58: @deniro1 - x1=b1 went back to buy yesterday

the system has been on buy for ever.....

x1=b2 not violated...since 11/07/03....10 30 ish
x2=b2 buy since open

deniro1

07/11/03 11:53 AM

Post #58

Re: #57: @deniro1 - tardy with system updates

x1=b1 went back to buy yesterday at 1548 hrs.....and b2 went to a buy this morning at 1042

x2=b1 buy yesterady at 1512 hrs....sell today at 1110 and b2 still in sell mode

x3=b1...1502 yesterday buy...sell at 1050...buy at 1130....b2 still on sell mode

x4=b1...buy at 1546(yesterday).....b2 buy at 1034...today

deniro1

07/10/03 3:07 PM

Post #57

Re: #56: @deniro1 - x2=b2 sell 10:50hrs

tardy with system updates but once x1 goes on a doubl e sell its a whammy .....the others follow in sink

deniro1

07/10/03 11:31 AM

Post #56

Re: #55: @deniro1 - x4=b1 went sell 0948

x2=b2 sell 10:50hrs

deniro1

07/10/03 10:55 AM

Post #55

Re: #54: @deniro1 - x1=...b2....just about to go to sell mode.....now

x4=b1 went sell 0948

deniro1

07/10/03 10:35 AM

Post #54

Re: #53: @deniro1 - x1=b1 x2=b1.....both sell...first 30 minutes

x1=...b2....just about to go to sell mode.....now or never

deniro1

07/10/03 9:35 AM

Post #53

Re: #52: @deniro1 - all systems go....unbelievalbe no

x1=b1
x2=b1.....both sell...first 30 minutes will see if hold

deniro1

07/09/03 3:29 PM

Post #52

Re: #51: @deniro1 - x1=just negated sell....head fake ?

all systems go....unbelievalbe no sign of a turn

deniro1

07/09/03 2:08 PM

Post #51

Re: #50: @deniro1 - x2=b1 negated at 1242 hrs

x1=just negated sell....head fake ?

deniro1

07/09/03 2:02 PM

Post #50

Re: #49: @deniro1 - system status:

x2=b1 negated at 1242 hrs
x1=b1 and x3=b1 on threshold of being negated.....
moment of truth

deniro1

07/09/03 12:16 PM

Post #49

Re: #48: @deniro1 - x1=b1......to a SELL

system status:
x1=b1 sell.......b2....neutral
x2=b1 sell......b2 buy
x3=b1 sell b2 buy
x4=b1 buy but close to changing......b2 buy

deniro1

07/09/03 12:07 PM

Post #48

Re: #47: @deniro1 - x3=b1sell......

x1=b1......to a SELL

deniro1

07/09/03 11:48 AM

Post #47

Re: #46: @deniro1 - x2=b1 sell 1051

x3=b1sell......

deniro1

07/09/03 11:11 AM

Post #46

Re: #45: @deniro1 - x1=b1 touching to go to a sell

x2=b1 sell 1051

deniro1

07/08/03 12:58 PM

Post #45

Re: #44: @deniro1 - x2=b1...sell again 1218 hrs

x1=b1 touching to go to a sell
x2=whippy.....back to buy......its gotta be Greeney.... wink ))

deniro1

07/08/03 12:44 PM

Post #44

Re: #43: @deniro1 - x1=b1...negated 1021 hrs

x2=b1...sell again 1218 hrs

deniro1

07/08/03 10:37 AM

Post #43

Re: #42: @deniro1 - system status....

x1=b1...negated 1021 hrs
x2=b1 negated 1006 hrs
x3=no change
x4=no change

deniro1

07/08/03 10:17 AM

Post #42

Re: #41: @deniro1 - x2=b1...sell...0951 hrs

system status....
x1=b1 sell.....b2.....buy...but neutral
x2=b1 sell....b2 still buy..neutral
x3=b1b2 buy
x4=b1b2...buy

deniro1

07/08/03 10:15 AM

Post #41

Re: #40: @deniro1 - x1=b1.....sell

x2=b1...sell...0951 hrs

deniro1

07/07/03 3:25 PM

Post #40

Re: #39: @deniro1 - x3=b1...back to buy...1452 hrs

x1=b1.....sell

deniro1

07/07/03 3:12 PM

Post #39

Re: #38: @deniro1 - x1=b1 ...close no cigar.....still

x3=b1...back to buy...1452 hrs

Older

Diary of a Wannabe

Followers	1	Posters	3
Posts (Today)	0	Posts (Total)	88
Created	06/12/03	Type	Free
Moderators

This board is a public collection of the trials and tribulations of a wannabe trader. It is a collection of my thoughts and real time decision making processes so i can reflect on and come back to later as I develop my own trading system. First and foremost what I have learned is that trading has little to do with trading systems ... moving average cross overs etc. Trading is PURE PSYCHOLOGY ... DISCIPLINE..and...MONEY MANAGMENT. Before deciding to take a run at becoming a trader I have observed the workings of the financial markets over the last few years.I have had the privilege to learn and watch some great traders in real time of the likes of Zeev, Mlsoft,Sylvester, Alans Alias and JT. Something I have learned is that every great trader goes through a period of great calls and macro blunders. Gurus do not exist ....THERE IS NO HOLY GRAIL... Successful traders are ones that are adapt at recognizing changing conditions and modify their trading strategies accordingly. Noone can talk up or down the market..many people spend hours on threads venting on which way the market should go. There is only one position and that is the right position-the market is always right. It is not a question on whether you are bull or bear -who cares. Its all about earning your daily keep regardless of where in the macro picture we are.

Board Info

Posts Today	0
Posts (Total)	88
Posters	3
Moderators

New Post

Volume
Day Range:
Bid Price
Ask Price
Last Trade Time:

Boards:

Quotes:

Boards

News

Market Data

Markets

Discover

Discover

Boards:

Quotes:

Diary of a Wannabe

Diary of a Wannabe

Join the InvestorsHub Community

Diary of a Wannabe

Board Info