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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.

Monday, August 25, 2014

Please Help if you can. A call to all my fellow Traders

 Dear Fellow Traders

This past January my 11 year old daughter was diagnosed with Type 1 Juvenile diabetes. This is the first time in my life that I've ever needed to reach out and ask for help. In two days my wife and I have raised over $1000. We are matching all donations up to reaching $2000. We have set a lofty goal of raising $11,000 for the cure. Please if you can give even the smallest of gifts we would be very grateful for your help.

On November 15, 2014, I'll be walking with thousands of others in the JDRF One Walk™ because I'm determined to turn Type One into Type None. I walk to change the future for everyone affected by type 1 diabetes (T1D).

Type 1 diabetes is an autoimmune disease in which a person’s pancreas loses the ability to produce insulin – a hormone essential to turning food into energy. It strikes both children and adults and is unrelated to diet and lifestyle. With T1D, there are no days off, and there is no cure – yet. With your donation, you have the power to change the lives of those affected.


JDRF is the only global organization with the plan, influence, and ability to progressively remove T1D from people’s lives. Please support this life-changing research by making a tax-deductible donation today. Click “Visit My Personal Page” below to get started.


Thank you.

John Famularo
P.S. Please ask your employer if they provide matching gifts for your donation.

Monday, August 04, 2014

Sometimes you have to admit it's all your fault. Bad trades.

Sometimes to improve your trading you have to except your mistakes. Here is my big mistake today trading Marriott International Inc ( MAR.) I have a trading plan that works for me, and yet at times I allow my mind to forget the rules. Loss

Now to be really honest I lost on two trades shorting FB.
I did make small money on CAKE and AAPL.
I take the $145 loss as the final straw. You will see more green on the sidebar from
this point on.

Sunday, August 03, 2014

The Cheesecake Factory Incorporated Trading Observation. My trading plan

I am shooting for the 80% reciprocal profit target on a break of low/high. Here is a chart of The Cheesecake Factory Incorporated ( CAKE ) over the last three days. She hit my profit target of 80% two of the three days. Is this something you can use? I do. See you on Monday CAKE!

Thursday, July 31, 2014

Dunkin Brands Group Inc, Hilton Worldwide Holdings Inc Small short trade profitable

Short Dunkin Brands Group Inc ( DNKN ) on break of 30 min low. First profit target was 80% of the 30 minute High/Low difference. Target hit and closed trade on trailing stop cover. Profitable

Facebook trade small loss.
short trade small profit. 
I did not put the trades on the side bar since I ended the day with a loss after commissions on $0.03

Wednesday, July 30, 2014

Hilton Worldwide Holdings Inc Short trade profitable.

This mornings setup was Hilton Worldwide Holdings Inc ( HLT ) short. I was at work this morning, trading on my break using the Tradstation mobile app. My setup was the break of the 10 minute low and then shooting for 80% of the high/low price difference as a target.

I took the full block off the table at my price target. It did go on to hit the full 100%, but I "got the meat of the move." Profitable trade.

Abercrombie & Fitch Co. (ANF ) short trade closed for $5 loss. This was a winning trade as she ran up higher right after I covered. LOL

Made a mistake in the order for a short in Apple Inc.  (AAPL.) I thought I was shorting 50 shares, but hit 500. I got out fast as the SPY was moving higher. I would not have stayed in the trade though the whole movement against me so the fact that it would have been a LUCKY big winner means nothing.

Tuesday, July 29, 2014

Marriott International Inc Short trades. Profitable

Today's trades in Marriott International Inc ( MAR.) I was shooting for first target, but took profits on the pullback. Second trade ended the same. It did in fact turn and drop lower. Any profit a good profit. Profitable trade.

My Lennar Corporation ( LEN ) short trade closed with loss of $8.00. See side bar.

Monday, July 28, 2014

Abercrombie & Fitch Co. Possible short trade setup

Possible early short setup in Abercrombie & Fitch Co. ( ANF ) this morning. Just going to try to cover on 80% of the move.

1ST profit target hit.

Trade closed with last lot on pullback.
Trade profitable.

Saturday, July 26, 2014

Abercrombie & Fitch Co. Another Short Trade

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

1. Waited for the break to short
2. Profit target for 2/3 position was the reciprocal amount of the High/Low 30 min range.

My numbers were right on, except I was stopped out on the pullback before she hit $34.12 latter in the day.

I as they say "took the meat of the move." But it was nice to see I had this trade right. Profitable

We went in to look around. My son spent 25 minutes walking around looking for a shirt. In all that time I counted 2 people walking in and my son was the only one that bought a $20 T-shirt.
I will continue to trade only on the SHORT side.

Friday, July 25, 2014

bLOG UPDATE. 2nd update

Sometimes there can be no excesses to say your trading sucks. My trading has SUCKED these last 3 months. I have been troubled with family issues and have lost most interest in anything to do with trading. I am again finding my passion and time  to work on trading again. I've updated my Profitly trade bar the best I could with the losses that I've taken over that time frame. To many bad small trades to fill in. It is what it is. The numbers are true. Why lie to myself. So I am hoping to move forward from this point on. Thanks for stopping by.


Thursday, July 24, 2014

Abercrombie & Fitch Co. Short trade entry chart.

Trying to short Abercrombie & Fitch Co. ( ANF ) on the break. Using a reciprocal stop for first profit target.

UPDATE: Closed trade for small loss as she never broke my way.
Small loss is as good as a win.

Monday, July 21, 2014

Marriott International Inc Short trades

This morning short was a chance at Marriott International Inc ( MAR ). I closed the trade on the pull back for a loss. It was not moving in my direction with any power. I wanted to keep any loss small.

Saturday, July 19, 2014

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Wednesday, July 16, 2014

Apple Inc. Two smalls short trades, Profitable

Two small short trades in Apple Inc. ( AAPL ) today. I missed the late fall of the cliff, but a profit is a profit.

Tuesday, July 08, 2014

Apple Inc. Short trade profitable

Shorted Apple Inc. (AAPL) on the break of a prior low. Profit target was below at a prior high. I had only to put in a limit order to cover and wait. Profitable trade.