Addicted to Trading - $QCOR

Again, I am NOT supposed to be trading but its just too tooooo hard for me to not, I honestly have a problem, I need TO just STOP! NO trading for August, I am shutting down my system, temporarily closing my accounts and that is it! What is the only reason? I don't get to do anything else! Haha! August is going to be a busy month for me, I am trying to get into shape, I need to work out and have a ton of other things on my mind! But hey.

Here is my trade!

$QCOR - I let it go early because I need to do some work around the house. I would have kept this in there, but right now I am not comfortable with leaving my stocks alone, I need to be watching them, orders get skipped sometimes and I cannot afford a risk like that. So I let it go! $69 in ma Pocket!

I bought about 43 shares at 61.11 and another 43 shares at 62.21, I wanted $QCOR to break a some price targets that is why I went half half in, first to test the first breaking point then the next. Right now as I am typing $QCOR is at 65...LOL that is $3 away from where I bought it almost. Beautiful play, but again I was looking for a quicki!

Chart below:

Below: My Prints (Trade Tickets) As you can see first transaction at 09:38 and I was done trading 09:48

Below: Profit for the Morning! - I kind of regret letting it go, but hey that is the life of a trader! +$69

$HMA - What a Short! Wish I Managed it Better though!

$HMA

Traded this beauty, it got slaughtered right out the open! It fell like a rock and BAM! I first shorted 650 shares then I was like NAH, thats too large of a position for me, then right covered 150 and rounded my position to 500 shares short. I was not expecting this to die this quick and with such force! I wish I had taken more gains around 13 area and maximized my profits but hey, still $100 on this is great for the day!

Here is the chart! $HMA

Right click chart, Open in New Tab!

Below: are the trade tickets, try to look at the times on the trade tickets and then look at the time on the chart above to match up what I did! I don't have time to update and draw on the chart today! 

Below: Profit/Loss for the day! $100

Enjoy your Tuesday everyone!

My 4 Minute Trade - $AAPL

Again, I was not really going to trade today, but because of my problem and addiction to trading I ended up sitting on the computer and just looking looking and looking even more. I noticed yesterday after the market $AAPL had some positive news (woohoo) (not) and so I was curious how it would trade today so that is why I turned on my computer. In the end the trade lasted 4 minutes and I managed to profit a nice $44 from it. At about 09:45 I was done trading for the day.

Here is what happened! Look at the charts!

Right Click Chart, Open in New Tab

Here are my trade tickets and P/L for today!

Now I will do my other favourite pass time activity, which is painting! Click Here to see what I am painting!

Have a wonderful Wednesday everyone!

Lucky Text Message!

I been telling myself that I don't want to be trading because I have a lot of things going on but when  you wake up with a text message as juicy as the following it is very very difficult to stop yourself.

And that is exactly what I did today! I put $AAPL on my radar and watched it die. Big thank you to my friend, I hope you traded $AAPL too!

Underneath is the proof. This text message made me $69.31! haha

Well today was an odd day, 2 losers and 2 winners, so my batting average is 50% but whats the key to trading? Make sure you cut your losers right away and make sure you take advantage of your winners! Treat each trade the same! One way or another, you will profit!

If you want to know what a dying $AAPL looks like, look at the chart below: $AAPL basically opened at 426 ish and died all the way down to 421.5 ish! BOOOYAA!

Now since I have some art work to do I can't do an in depth analysis of all my trades, here is $AMD and how I watched this die too! haha!

I hope everyone has a wonderful Tuesday!! 

What I anticipate with $AMD - I have butterflies in my tummy

So today after the market closes $AMD will report 

I see only 3 things happening:

1) $AMD exceeding expectations and popping up to say $5 

2) $AMD doing okay or meeting expectations and popping to $4.50+ 

3) $AMD not meeting expectations and falling, possibly below $3.79

I don't care what happens, I will try to trade $AMD tomorrow. 

If it pops up I will look for a long opportunity for an Intra-day trade. If it drops I will let it relax and see if it goes near the $3 mark and increase my position in my other account. 

Lets see what happens! Can't wait :) 

Trust Issues

So I told you how I was chicken in trade $AXP, I told you how it faked me out so hard and it went BLAM and I lost -$18 right away.

People below is how a trade can GO EXTREMELY wrong, now if I was in the yellow zone and I was short this stock (which means I am hoping it goes down down down) that way I can make money money money. If I was in the yellow zone short and this happened to me and I didn't have my orders preset into my system to get me out of my position if something wrong happens, I would totally be SCREWED! Look at what happened. This bad boy SHOT UP in seconds! Look at how many shares were traded! HOLY MOLY!

This is honestly scary. I will never ever ever ever be the same trader after seeing this.

Now this is WHY trading can be dangerous!

Right click Chart, Open in New Tab! OMGGGG

Being Chicken and Trading Don't Mix - Feel Blessed

I just want to highlight that I feel very blessed today that I came out with a positive return, I normally don't right senti-menti stuff but I really do. Let me tell you what happened.

1. My Order did not get filled for what would have been a beautiful trade - $YHOO
2. I got desperate and went after $YHOO trade, broke a few of my trading rules and didn't know how to manage my trade because I was not familiar with what I had just done
3. My second trade I made failed, right away I was out $-18, so because of this I let go of my $YHOO because I did not want a negative Profit / Loss on my screen for today. 
4. RIGHT after I sold $YHOO it shot up like a rocket (this got me upset) but you know what? I walked out of $YHOO with a gain and it was a trade that wasn't in my plan so I was proud
5. I went in for round 2 on $AXP and won, but again because of my worry that I did not want a negative P/L for the day I let that go early. 

What have I learned?

• Treat each trade separately, do not look at your profit / loss for the day. If you try to manage your profit and loss you will end up being a break even trader, that is why I am happy today to walk away with +$28 instead of a $0.
• Manage your trades not your profit / loss
• Do Not BE a....

 Chicken!

Now lets concentrate on my trades:

Trade 1: $YHOO

Right Click Image, Open in New Tab

Read the commentary in the picture to get a better understanding of what happened.

$YHOO Trade Tickets - LOOK where I SOLD!!! SO upset!

Trade 2: $AXP 

Round 1: 

$AXP moved so fast I immediately got out of my position and took a loss. I did not like it at all.

Right Click Chart ,Open in New Tab

Read the commentary in the picture to get a better understanding of what happened.

Round 2: 

Again I was still scared and still thinking about my profit and loss rather than managing my trade, I took profits way to early and did not give $AXP the space it needed. I guess I am a little obsessed.

Right Click Chart ,Open in New Tab

Read the commentary in the picture to get a better understanding of what happened.

$AXP Trade Tickets - Look where I covered and LOOK where price went!! Profits is in the management people, companies need good management, your life needs good management and so does trading, I did not manage these 2 trades with confidence, I wanted my money.

Profit / Loss for the Day: +$27

Click on the Links below to read my previous Trades!

Oh Charlie...$SCHW

First Long Trade in a Long Long Time - Beauty 

Click Here to Read About Me

 To join Me on my Trading Tales Journey, Click Here

Oh Charlie...$SCHW

$SCHW Short...

Here it is, I don't have much time to update since today was such a busy day and this trade as well got interrupted, its funny, people think I just sit at home and do nothing, they'll be calling me up asking me to do stuff, run errands, do this, do that! It is not funny at all, to interrupt a person who is day trading is serious, that is my MONEY on the line! I am ready and up and looking at what I want to trade by 08:30! And now its 12:40 and I am squeezing in this blog post before I start work! So now ask me how I feel when I get a phone call saying "go do this"....its not the best situation to be in. But that is life! However! Here is the trade for today! I will call this stock Charlie, so Charlie went down down in the morning, its consolidated, then it popped UP thennnnn it finally just died!

Enjoy the picture!

Right Click Image, Open In New Tab

Trade Tickets:

$62 Gain for the day! And what happened? I got interrupted that is why I covered all my shares.

First Long Trade in a Long Long Time - Beauty

$NIHD - what is $NIHD? Well the full name of the company is NII Holdings Inc. and $NIHD provides wireless communication services...etc.

Anyways, back to how I traded $NIHD, first of all it is a gap up, on Friday $NIHD price closed at 7.26 and today price opened at 7.62. Now  that is a pretty big gap, big enough and noticeable enough to be put on my radar.

I noticed that $NIHD made a big big move up in the morning, in the first 20 minutes of trading (look 2 Minute Chart below) it went from 7.62 to 7.83 then came back all the way down to 7.62. This is when I noticed that its time for a trade! It came back to where it started! And where was the market when this was happening to $NIHD? The market was also coming down to a buying zone, so what did I do? I went in for the kill and bought 300 shares of $NIHD.

The chart below will explain what I did, I will also explain why it is so important to believe in your trades and just trust your guts!

Right Click Chart, Open in New Tab

Why Trust yourself and your plan? So look at the chart on the right, look where I took all my profits and look what happened to $NIHD after, I don't mind at all, I still got $30 in my pocket but see the last 75 shares that I sold at 7.72 the way I trade and the way my plan tells me to trade is to let those 75 shares ride until the end of the day! Imagine I never sold them and just went with my plan I would have had the opportunity to sell those shares way way up there above 8.05 instead of 7.72! In dollar value that is a different of $24.75! This is why, if you have already made some profits and have a little little tiny amount of your position remaining, let it rideeeee!

If you have trust issues, please listen to the following song:
Keyshia Cole - Trust ft. Monica

Here are my Trade Tickets and Profits / Loss for the day. Today was a +$30! 

Duration of Trade: 13 minutes | Profit: $30.76

Right Click Image, Open in New Tab

Click on Links Below to Read my Previous Trades:

$FDX - The Trade that got Interrupted
$AMD - Another POP Trade

Click Here to Read About Me

To Join me on my Trading Tales Journery, Click Here 

$FDX - The Small Scalp that got Interrupted

Even though its Friday and I always tell that I don't want to be trading on Friday, I ended up trading today. I am addicted to trading, I cannot wake UP and NOT look at the MARKETS! Its just too hard, I feel when I look at my screens and my graphs and charts and so on, I feel like I am Gordon Gecko! Haha

Ok, Now on the the serious stuff.

I really reallllyyyy didn't want to trade but here it is. It was a small $30 gain, it got interrupted with someone ringing the bell and then my mom yelling at me saying eat your breakfast! SO you can imagine how stressed I was. Here I am short 125 shares of Fedex $FDX and my bell rings and then my mom yells, crazy crazy so what did I do? I took my profits and ran away and ate breakfast!

Enjoy!

I saw weakness in Fedex, but I didn't see weakness in the market that is why I didn't want to go all in. The markets are basically flat for the day, if the markets died then so would have Fedex but its all good. Markets had a big big up day yesterday, which crazy person is gonna be buying today? NAH! not me.

Right Click Chart, Open in new Tab!

Here is my Profit for the day! And hey! Like what 10 minutes work! Not BAD! $30!

Have a great weekend everyone! Don't get into trouble!

To read my previous posts click on the links below

$AMD - The POP Trade
$SWY - The Safeway to Retirement

Click Here to read About Me

Another $AMD POP Trade!

Oh ya, markets opened epic high today...kind of a tough day for trading but I had my eyes on $AMD. Today would have been a good day for shorting but I couldn't find anything with the right setups, well I did find one stock but it moved way too quick! Check out $BPI it got slaughtered. haha! You may ask but $PBI is up 20% how did it get slaughtered? That I will explain some other time.

Before I even begin talking about my $AMD trade today, I want to show you why I traded this. And in order for me to do that I must go back in time to my previous $AMD trade, basically identical! Click Here to read it!

Well first I want to show what I wrote down in the morning about $AMD. No joke I did this before the market opens since I only trade stocks that are on my sheet of paper. By the way, $AMD popped up because it was upgrades by some analysts, YOU KNOW what I BET THOSE same analysts you upgrades the stock BOUGHT shares yesterday when it was at 3.98! today it opened at 4.21. Crazy! Well I love it, I am long 1000 shares at 2.91 in my other account. If you want to see the current price of $AMD click here.

So here is what I wrote prior to the market going ding ding ding (09:30)

What this beautiful piece of art above means is that is $AMD can stay above 4.20 and doesn't die in the morning and it prints the price of 4.24 I am IN! I want to be a part of $AMD because it will go go go!

So let me show you why the two trades were so similar and I hope you looked my previous $AMD trade or you won't understand what I will talk about. If you still haven't read it click here to read it! Oh what ever, if you are too lazy to click I will show you the my OLD trade below!

Below: $AMD Trade on Friday May 17, 2013



Below: Today July 11, 2013 $AMD Trade. Look how SIMILAR the move is!

I sold all my shares at 4.295. A $33.92 gain for the day! Not bad! I don't go heavy, especially with $AMD and on a day like this when the markets had gapped up so HIGH it took a lot of work for $AMD to do this.

Click on links below to read my previous posts and trades:

Current Portfolio - Lets see where it goes
$SWY - The Safeway to Retirement

Click Here to Read About Me

Current Portfolio - Lets see where it will go

Here is what my current portfolio consists of:

Click the symbol to see the current price of the stock. For example $AAPL <- click it!

$AMD - Bought 1000 shares at 2.91, originally had 850 at 2.69, I bought 150 more because I wanted an even number

$SWY - Bought 50 shares at 24.38, this was an accident but lets see what happens.

My new friends in town! - Woo Hoooooo!!

So I went on www.finviz.com and did a quick scan, I wanted to buy some stocks under $4 range, I wanted an average volume near 1 million shares traded for each of the stocks and on top of that I wanted my stocks to be reporting earnings in the next month. (A bit risky, but lets see what happens). The following list is what I ended up picking up.

$DVR - Bought 200 shares at 2.065

$WRES - Bought 200 shares at 2.73

$ZNGA - Bought 150 shares at 3.43

$MTL - Bought 200 shares at 2.90


Outcast:  Not in my strategy:

$FSI  - Bought 200 shares at .98 cents. now this was a bad fill. I didn't know that my retail broker would fill me before the market opened, I got a fill of .98 cents when the stock was trading at .85! LOL and then it filled me. I went into my other program which shows me all the fills and the prints, I was the only idiot who got a .98 order fill while everyone else got .85 and so on. No more putting market orders in before the market opens! 

So there you go! In the next month or so I will see a lot of UP / DOWN or gaps in my investments because its earnings season!  This is also the most exciting time for day trading! 

Enjoy! 

Click on the Links below to read about my posts:

$SWY - The Safeway to Retirement
$IBM - Super Clean Stock

Click Here to Read About Me

$SWY - The Safeway to Retirement

So on June 7th I think it was I accidentally purchased 50 shares of Safeway $SWY at 24.38 and I was like WHAT the!??? It was a mistake on my phone, I put in the wrong type of order and BAM I ended up buying 50 shares, so then I didn't want to let it go, something's are meant to be (like my love life) and so I kept Safeway $SWY and now the stock is at about 24.99! MU ha ha! I did however watch it crumble all the way down to like 22! That was scary but I didn't mind because the west coast of Canada and the US need food and Safeway being a grocery store on the west coast will hopefully never die!

Take a look at the chart! I want this Safeway $SWY hitting 28, that's where I'll feel like this bad boy stock has done some good selling to it's customers. It's funny that I bought Safeway, I use to live very close to one in Vancouver. It use to be walking distance and I never once entered the store but like every one else on the planet and Drake I "started from the bottom" and now I own Safeway! What what! Whatttt! 

Buy groceries from Safeway! Support my investment and support the Safeway to retirement! 

Enjoy! If Safeway passes $28 I will fly to Vancouver, walk down my old street,go to Safeway and spend the amount I made investing in it!