Monday, April 14, 2008

Monday trade...

Good start to the week. As shown in the screenshot, I was able to catch a perfectly formed counter-trend reversal and just about hit the highs and lows. Too bad I did not get a complete fill, but that's the way it goes.

OMRI:

Gross: +$14.60, net +$11.34 (call it a double...)

For now,
Masterjaz out

Sunday, April 13, 2008

Good end to the week...

Good trade on Friday, perfect setup, although I did not maximize my profits as I should. I'm fantastic at taking full losses and partial wins...

APOG:

Gross: +$17.57, net +$14.13

Weekend balance: $2904.62, -$14.02 (-0.48%) for the week, 1 winner out of 3 trades, 0.50 profit factor.

Next week starts in 12 hours...

Masterjaz out

Thursday, April 10, 2008

So right, so wrong...

Beginning to think exits are everything...

RVBD:

Gross: -$11.75, net -$15.79

Wow,
Masterjaz out

Monday, April 7, 2008

New Week, Ground out

Not that anyone has been banging down the door, but I'll get weekend numbers posted soon. Beautiful setup today in CTRN, but it just did not reverse. Good trade, good patience, accidental sale (oops). Stock also a little too thin for my tastes...

CTRN:

Gross: -$8.63, net -$11.67

Always another setup...

Masterjaz out

Tuesday, April 1, 2008

Ground out...

Another attempt at the QID, small loser, perfect mechanics

QID:
Gross: -$3.60, net -$5.64

Masterjaz out

Monday, March 31, 2008

Dope, way behind with updates...

Real quick, nothing much as changed with respect to wins and losses, but getting better with execution.

Thursday:

Nothing much to say about this one, a good setup, good execution, just got stopped out before the run. I am looking at how to set stops, because this hurts just a little. On the flipside, I am becoming quite mechanical at selling when a stock is not working...

QLD:

Gross: -$9.60, net -$12.64

Weekend balance: $2927.08, down -1.51%, 0 winners out of 3 trades, profit factor of 0

Monday:

Better setup and very, very patient entry. Stock took forever to grind higher, penny by penny and I ultimately gave up and went back to work. Had I held, winner! As I stated earlier, good mechanical execution with losers, now need to do the same for winners...I'll be working.

QLGC:

Gross: +$0.90, net -$3.04

March info: Lost -$26.55, -0.90%, 5 winners out of 13 trades, 0.78 profit factor (blah)
Quater info: Lost -$125.81, -4.0%, 13 winners of 35 trades, 0.62 profit factor (ugly, thanks to Feb.)

I like that it will be new month and new quarter starting tomorrow...

Masterjaz

Tuesday, March 25, 2008

Hard Market...

Not much to say today, quasi-system trade, good mechanics, just not a winner. Also got a good fill, so the loss was tempered.

QID:

Gross: -$8.10, net -$11.14

Masterjaz out