Trade Journal for Dummies(Update)!
And what a wonderfull-World, not to mention week, LOL! We made an astounding $14,560 this week and have nearly erased ALL of our losses carried over with our Apr28 puts, WOW!
We have $-18,240 in liquidation losses and $14,560 in posted gains giving us a Net loss this OE period of $-3680, how freakin COOL is dat!
We also brought our Apr28 puts back to life to reflect the true port value which if we liquidated all our positions on Friday at the close would be $39,200 ($42880 less $-3680), minus commissions of course! That’s a 30% increase since inception on 23Feb09 and we LIKE IT! We’re positioned to have the Best OE period results yet and dat’s saying sumptin with the MarOE having a $10,780 gain?
We expected prices to be up 12.5% the week ended 27Mar and totally “Erase” da-Bears from the Game-Board, Not Exactly (up only 5.6%), BUT, a 12.5% up week next week should have-em ALL swept off da-Board, then we can have a meaningful back-test of the break-out levels, 750/800 on the SnP500 and 30.38/31.65 on the Q’s, Awesome Manipulation Boyz and we LIKE IT!
We expect da-Boyz to at the very minimum Breach the YTD High, 31.68, and more likely Close above said mark in a Bold Defiant statement to da-Bears confirming who “RULES” dis-Game, LOLOLOL! We’ve positioned for said up-ness as we ended the day with a 2 to 1 Long bias (see “Open Positions” below).
TODAY's COMPLETED and/or PENDING TRADES:
New trades today:
None
Pending trades(GtC, Good till Cancelled):
None
TRADE HISTORY:
OPEN POSITIONS(Long/Short ratio = 2.0 to 1 Net Long bias)
LONG(controlling 16k shares):
19, BtO, Apr29 calls at 2.48 (40), last 2.34, -0.56 loss
18, BtO, Apr32 calls at 0.72 (40), last 0.62, -0.40 loss
11, BtO, Apr34 calls at 0.16 (80), last 0.17, 0.08 gain
SHORT(controlling 8k shares):
02, BtO, Mar28 puts at 1.87 (40), last 0.30, - 6.28 loss
01, BtO, Mar28 puts at 2.91 (40), last 0.30, -10.44 loss
Pending Gain/(Loss)$, (17.60) or -17,600
Commissions$, (640)
Total cost$, -18,240
CLOSED TRADES:(we've closed 16 trades thru 27Mar)
27Mar(2)
16, StO, Apr28 calls at 3.20 (40), bought for 3.10, .10 gain, post as .40
20, StO, Apr30 calls at 1.80 (40), bought for 1.60, .20 gain, post as .80
26Mar(2)
17, BtO, Apr30 calls at 1.90 (40), sold for 2.05, .15 gain, posts as .60
15, BtO, Apr26 calls at 4.86 (40), sold for 5.11, 0.25 gain, posts as 1.00
25Mar(5)
05, StO, Apr28 calls at 2.61 (40), bought for 2.31, .30 gain, post as 1.20
10, StO, Apr28 calls at 3.06 (40), bought for 2.61, .45 gain, posts as 1.80
09, BtO, Apr31 calls at 1.05 (40), sold for 1.15, .10 gain, post as .40
13, StO, Apr32 puts at 2.02 (40), bought for 1.72, 0.30 gain, post as 1.20
14, StO, Apr30 puts at 1.07 (40), bought for 0.87, 0.20 gain, post as 0.80
24Mar(2)
06, BtO, Apr33 calls at 0.22 (40), sold for 0.38, 0.16 gain, post as .64
12, StO, Apr32 puts at 2.03 (40), bought for 1.83, .20 gain, post as .80
23Mar(5)
06, BtO, Apr33 calls at 0.22 (80), sold for 0.42, .20 gain, post as .80
07, StO, Apr33 puts at 2.95 (40), bought for 2.75, .20 gain, post as 0.80
08, BtO, Apr29 calls at 1.91 (40), sold for 2.16, .25 gain, post as 1.00
04, BtO, Apr30 calls at 1.25 (80), sold for 1.44, .19 gain, post as 1.52
03, StO, Apr31 puts at 1.95 (40), bought for 1.75, .20 gain, post as .80
Beg Port Balance , $30,000 (inception date 23Feb09)
FebOE gain/(loss), $ 2,100
MarOE gain/(loss), $10,780
AprOE gain/(loss), $ ??,???
Posted gains against 1000 shares, $14.56/1000 shares or $14,560 less commissions (Port starting funds = $42,880, 34.8% posted gains for this OE period).
Daily Gains$:
23Mar- 4.92, 30Mar- ?.??
24Mar- 1.44
25Mar- 5.40
26Mar- 1.60
27Mar- 1.20
Wkly Gain/(Loss)$:
Wk1- $14.56, Wk2- $?.??, Wk3- $?.??, Wk4- $?.??
4cast(like TA, Charts, Fibs & Lies), is ONLY for entertainment purposes!
We expected prices to be up 12.5% for the week ending 03Apr and clean da-Shorts clock, OUCH!?
Date Open High Low Close
27-Mar 31.07 31.18 30.71 30.82
4cast
30-Mar 31.02 32.40 30.77 31.89
YTD OE Stuff:
Pivot, 29.86, (closed 19Dec08)
High, 31.68, up 6.1% (posted 10Feb)
Low, 25.63, dn -14.2% (posted 09Mar)
Close, 30.82, up 3.2%
Range, 6.05
PM, 20.3%
R8, 41.8, 40%
R7, 40.31, 35%
R6, 38.82, 30%
R5, 37.33, 25%
R4, 35.83, 20%
R3, 34.34, 15%
R2, 32.85, 10%
R1, 31.35, 5% with the YTD High being at 31.68 we expect dis-Puppy to be breached SOON!
Closed, 30.82, up 3.2%, Above the OE Pivot and the YTD Pivot, VERY BULLISH!
YTD Pivot, 29.86, 0.0%, a breach and close above this pivot will cause serious upside action?.
AprOE Pivot, 29.18, close on 20Mar
S1, 28.37, -5%
S2, 26.87, -10%
S3, 25.38, -15%
S4, 23.89, -20%
S5, 22.4, -25%
S6, 20.9, -30%
S7, 19.41, -35%
S8, 17.92, -40%
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