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Sunday, October 19, 2014

Learn and Trade with one of the BEST traders in the world Meir Barak.

If you're a pro or just learning to trade here is advise that could save your account. Everyone needs an experienced coach, and mentor. I trade with one of the best in the world Meir Barak.

I'm a student, and trade real time with Meir in his trading room. Please take a few minutes to view what the trading room is like, and see how you can improve your trading.

 Here are my results in trading since Nov 2013.

Give it a FREE 14 day trial. Your account wont thank you enough.
Just click on Meirs picture or the link below and start today



Friday, October 17, 2014

Almost perfect short trade Schlumberger Limited.

This was an almost perfect short trade in Schlumberger Limited (NYSE:SLB.)  I traded the plan except I got greedy on the first hit at my profit target and was trying to replace the exit with a new trailing stop. I really ended up getting lucky as she did fall back to my target and fell though. I then placed my stop market cover order at my target and was hit. Left money on the table , but I wasn't trying for the whole 100% of the move down on and very strong up day.  Profitable trade.
Lesson of the day. When the greed demon starts to talk you into moving stops or targets, DON"T.
Because GREEDY PIGS always get slaughtered.

Wednesday, October 15, 2014

How NOT to trade. Turning a profitable trade into a loss

This morning I was trying to short PetSmart, Inc. (NASDAQ:PETM) on the break of the low. I entered the trade and placed an exit order just in front of the 50% line of the opening 15min range. I hit the profit target while out on a bike ride. To bad it posted as a loss. I didn't notice that I entered incorrectly, a buy order and was long, not short. Lost $65 for the day, but had  I not made the mistake the day would have been green. LOSS

Tuesday, October 14, 2014

Sunday, October 12, 2014

Fridays trades Dunkin Brand, PACCAR Inc, Apple Inc., and Altera Corp. Profitable day

Fridays trades included Dunkin Brands Group Inc (NASDAQ:DNKN), Apple Inc. (AAPL), Altera Corporation (NASDAQ:ALTR), PACCAR inc. (PCAR.) 
  • Dunkin Doughnuts short trade closed to late. I needed to close at the break of the candle close of the first five minutes of trading. Late close. Will correct mistake.  Loss

  • Apple Inc. I closed my long trade that was opened last week and tried to take her short. Looks like trade was to early for the fall back. So I closed with a TINY profit, which is better then a loss. Profitable 

Paccar Inc I did the right thing and closed early. She did not move down for a break of the lows. This is what I should have done on the DNKN trade. Loss




    Altera Corp was a winning trade, but by the plan I did get in to early. I closed on the first green candle forming and this turned out to be the right move. Profitable. 

    My overall week was green. This makes four straight weeks of profitable trading. I am now going to start trading larger share size and see if I can stay with the plan. 

    I trade with TradeStation
    *****IMPORTANT SIDE NOTE******
    Please Read
    It is very difficult to keep up with posting all trades in the sidebar Profit.ly trade app.
    I have not posted since 8/8/14.
    There have been many trade since then some big winners, and some bigger losers.
    I do have a full time day job which does not leave me with much time to always post trades here on the blog or the trades to the app. I am not so sure I want the public to know my trading profits anyway. Please be assured that I DO NOT add to the app only my winning trades. If in the time that I do not post there are losses I will not post winning trades until the loss is offset and I have made that value of the loss up. I do this for two reasons. I will not lie to myself or to those that might find this blog helpful. I will not compromise my integrity here. When the day comes that I am a big shot trader and charge for my skills (ROTFLMAO) I can then refer those that will follow back to the days on this blog when I was just a little guy being honest about the business.

    Thursday, October 09, 2014

    Round 2: Todays trades: Twitter Inc, Facebook Inc

    Trading again in  Facebook Inc (NASDAQ:FB) andTwitter Inc (NYSE:TWTR). Trades opened on breaks of 15min open range. Followed FB down after closing first attempt at a loss. Twitter just would not do what I thought, closed for a small loss.

     Another small but Profitable day.

    Wednesday, October 08, 2014

    Todays trades: Twitter Inc, Facebook Inc

    Two short trades this morning via my phone TradeStation App. Facebook Inc (NASDAQ:FB) and
    Twitter Inc (NYSE:TWTR) trades opened on breaks and I just followed them down. Not being in front of the big machine makes it harder to try for hard targets. Profitable day.
    These are both small trades since I was on the phone trading. But my trading plan worked.

    Sunday, September 28, 2014

    ~* Sparkling Scrapbooks *~: ~ Let's Turn Type One into Type None ~

    ~* Sparkling Scrapbooks *~: ~ Let's Turn Type One into Type None ~:   Our lives forever changed this past January when our daughter, Ava, was diagnosed with Type 1 Diabetes. Even though I had two uncles ...

    Friday, September 26, 2014

    Week in review

    I don't feel like posting all the charts for the week. I was short and Long AAPL today. Short DNKN, VEEV, and NKE  all small losses.

    For the week I finished +$98. Seems like not much, but how many traders ended with a loss?

    Have a blessed weekend everyone.

    I leave you with this thought.

     10 For the Scriptures say,
    “If you want to enjoy life
    and see many happy days,
    keep your tongue from speaking evil
    and your lips from telling lies.
    11 Turn away from evil and do good.
    Search for peace, and work to maintain it.
    12 The eyes of the Lord watch over those who do right,
    and his ears are open to their prayers.
    But the Lord turns his face
    against those who do evil.”*

    Tuesday, September 23, 2014

    4 trades today short

    Sorry was not able to get the charts up. I shorted AAPL, CRL (Which hit my small target after taking me out by .02), and VEEV. All losses, but I keep it to -$43.77. That is a good day trading.

    Friday, September 19, 2014

    Continental Resources, Inc., Veeva Systems Inc, Yahoo! Inc. Short trades Profitable day

    Good evening traders. Here is to a third day of disciplined trading. I am calling today's trade in Veeva Systems Inc ( VEEV ) an "almost good trade." The CLR and Yahoo short trades made up for the loss in VEEV for a profitable day, and profitable week. My trading has taken a turn since I have found that there is a spiritual connection between trading and being a profitable trader. I leave it at that unless someone wants more information. Leave a comment and we can talk.

    1. Continental Resources, Inc. (NYSE:CLR) Short trade entry on break of 5min open candle close, and 30min open range low. Profit targets where 80 and 100% of open 30min range. Both targets hits. She did go on later in the day lower, but I was not in front of the screen.

    (NYSE:BABA) started lower. This was a small trade of only 50 shares, but still made bank.

    3. Veeva Systems Inc (NYSE:VEEV) Short trade opened on the Open Range break. Although this was not really a bad trade. I didn't have to wait so long to get out. I should have been out on the close high of the first 5min candle. Loss
    I trade with Tradestation and Meir Barak.

    Thursday, September 18, 2014

    Continental Resources, Inc., Rite Aid Corporation, EPR Properties Short trades Profitable day.

    Good afternoon trades. Here is a recap of today's trades.

    1. Short trade Continental Resources, Inc.(NYSE:CLR.) Trade was open on break of the 5 min open candle close. Added to trade at the break of the 5 min open low and 30 min open candle low. My 1st profit target was set at $69.45 or 80% of the 30 min open range. Profit target hit with 2/3 share size. Trade exit last 1/3 on pull back. 

    This trade was posted in Stocktwits this morning.

    2. Short trade Rite Aid Corporation (NYSE:RAD.) Traded short twice as it was having a struggle to hit profit target. Target was hit and closed the trades for a small +$30 profit.
    3. Short trade EPR Properties (NYSE:EPR.) trade open on break of 5 min open candle closed. Trade closed for a $1.00 loss.
    I trade with TradeStation.

    Monday, September 15, 2014

    Ebay, NPS Pharmaceuticals, Inc., Veeva Systems Inc Profitable day.

    This mornings trades are based on the 30minute chart opening High and low breakouts. First trade Long eBay ( EBAY ) based on buying the low with a close stop. Loss

    This is what happens when the light comes on and you follow your plans. Here are my two profitable trades.
    Veeva Systems Inc ( VEEV) and NPS Pharmaceuticals, Inc. ( NPSP.) Both trades were planned for entries at the breaks of the 30min high/low opening range. Profit targets are set at 80% and 100% of the range.
    Profit targets hit.
    It was a great trading day for me.


    Wednesday, September 03, 2014

    Today's trades in review. AstraZeneca plc, CDW Corp, Veeva Systems Inc., Abercrombie & Fitch Co.

    Good Wednesday morning traders. Here is a review of the four trades I made this morning. Profitable day.

    I will start with the loser.

    Short trade open Abercrombie & Fitch Co. ( ANF.) This trade should never had been in play. It had not met entry rules, but took it on the break of the prior candles as the spy was turning down. Was late in the cover and lost more then I should. Cover was to be above the 5 min OH candle. LOSS

    Three short trades. All entries where on breaks of prior lows or the break of the 5/30 OH range. The ANZ AstraZeneca plc  and VEEV Veeva Systems Inc. shorts were closed at 80% of OH range profit targets. The CDW Corp. trade was closed on the pull back. Profitable trades.

    I trade with Tradestation.


    Friday, August 29, 2014

    Abercrombie & Fitch Co. Loss: Veeve Systems, Telefonica Brasil SA, AstraZeneca: profitable

    Today's trades.

     I had a great week of trading until yesterday, when I let things get out of hand. I am posting the chart to show I am still a trader in training. Also to shame myself for never allowing a $200 profit turn in a $200 plus loss.

    Short trade in Abercrombie & Fitch Co. ( ANF .)

    I traded well today and will finish out the week in the positive. Yesterday evening just sucked because I was not upset about the money. I was upset that I allowed all my rules to fly out the window. If you are sitting at the card table playing and you can't find the "Sucker", it's you. I proved yesterday I was the "Sucker." I hope the person on the other side of my trade will enjoy a great meal.

    Now for today's positive trades.

    Long trade AstraZeneca plc ( AZN.) Entry above prior high with SPY going up. Once I was above the 30 min OH I just followed it. Profitable trade.

    Long trade Veeve Systems ( VEEV.) Entry above 30 min OH. trailed profit target up.

    Long trade Telefonica Brasil SA ( VIV.) Entry above the 30 min OH profit target 80% of move hit.

    I found my three trades using TradeStation.