Satuki @ Home
It has been a while since I updated my blog and my portfolio last time. Some people asked If I stopped trading. The answer is “No”. For a housewife like me, I do not see anything else except day trading as a viable livelihood. If you ask around, most people will perhaps tell you that they hate their day jobs, ,hate their co-workers ,hate their bosses, or the morning rush hour traffic. I agree with them.
I was semi active in July. As you can see from the performance report generated by TradeStation below, I took a total of 19 trades and lost a bit over 300 dollars, which includes the commissions. So I did not lose much per say. A losing month is normal. Therefore, I will not analyze this and that. Click the image below and a lot of the fields are self explanatory.
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I do not post in my portfolio as much as I used to because I found it distracting. But I will try my best to do it when possible. However, I do post my sentiment(market directions and watch list)in the forum almost every day.
Alright everyone, good luck and have a better August!
Our first swing trading competition started on 2/16/2010 and ended on 2/19/2010. People coould enter/exit their trades during that time frame. We try to make it as close to real time as possible. However, people can still enter trades off hours. But their entries are calculated using the last close. For people who enter their [...]
Not long after the market open today (2/12/2010), I got a call and had to run a few errands. So I was not able to trade until the noon. My pre-market analysis suggested “short”. Naturally all my attempts today were biased toward shorting. I never chase hot stocks. When I have selected a few [...]
There are different types of stock manipulation in the stock market. Penny stocks, small cap or even some mid cap stocks are prone to manipulation. The Chinese stocks are the worst. Let’s take a look at TSL(Trina Solar Limited). TSL was one of the strongest bulls during the recent run. The performance of other [...]
Today’s drop was gut-wrenching for the bulls. We have not seen this kind of drop for a while. The bears were in total domination throughout the day. As I have said a couple of times in the past few days, the market desperately needed a reaction. It was just waiting for a trigger. Here came [...]
January is over. I did OK because my profits broke the 3K mark, which is close to the goal (4k per month) I set for 2010. Nothing has changed about my trading except that my size was slightly bigger. This is just a start. Hopefully one day, I will be able to short/long 2000 shares of [...]
As some of you might have noticed it, I have reduced the auto-update interval of my portfolio from 180 seconds to 60 seconds, which means that you will be able to see all my trades within 1 minute at most. Even if it is set at 1 minute, you should NOT follow my trades. [...]
It was a beautiful day(1/26/2010) for day traders of either direction. We had a decent bull move in the AM and a bear move in the PM. I have found that the market provides plenty of opportunities 2/3rds of the time. So if you are good, the market is your ATM. I have been [...]
Stop loss is perhaps the best weapon for a trader to control risk. I have already talked about the importance of using stop loss in the past. Today, this post is about what kind of stops suits you better, a soft one or a hard one. A soft one is a mental stop. You do [...]
Learning trading is a very daunting task for the beginners. Not only is trading itself extremely challenging, but also it is hard to find quality educational materials or programs. If you google it, you will be swamped by a huge number of websites trying to sell you this newsletter, that subscription or other types of products. It just [...]
First,I have 2 stocks on steroids. One is GMCR(Green Mountain Coffee Roasters Inc.) and the other is IOC(InterOil Corporation) . I looked around on the web trying to find a bit of news/rumors that propelled these 2 guys so high and so quickly. I did not find anything tangible for GMCR and found a little [...]
We are done with 2009, which was a very wild year for both investors and traders. The gut wrenching drops before March 2009 are perhaps still vivid for many of us. The amazing comeback so far perhaps have already made some forget what has happened. It has attracted a lot of aspiring new traders who [...]
I made a bit less than 500 dollars today, which is decent by my standards. My daily goal is actually 300 dollars. Once the goal is reached, my trading is relaxed or becomes conservative. I would scale back to very tiny positions or even stop trading. 300 dollar daily target is a lot for my [...]
Here are 2 of the trades I took last week. One was the WLT short and the other was the CELG long. WLT(Walter Energy, Inc.) is a very strong stock that you do not want to swing short into. By “swing short”, I mean “open a short position and hold it over night”. Nevertheless, [...]
Do you remember the post about my first forex position? Technically, it is a profitable position. The US dollars has been strengthening recently. All major pairs have moved quite a bit except USD/CAD. I think it might try to catch up with the other guys. So I will open a long USD position in this [...]
Today, the 2 weakest sectors were Financials and Basic Materials. The market gaped down because of Financials. So the direction was obvious. That was to short guys from these 2 sectors. PNC (PNC Financial Services) was the first target. My entry was nearly perfect. But a good entry alone is only half of a [...]
Different trading styles dictate different stock picking methods. Today, I would like to share mine with you. If you have been with me for a while, you perhaps already know my trading style. If you are new, then my trading style is High Frequency Trading (HFT). Do not confuse scalping with HFT. They are totally [...]
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