daytrade diaries... may 15 part 2, page-114

  1. 8,937 Posts.
    Good luck Mumz - it's just not for me at this stage... MLS fell to 1.7 - might consider buying at this level.

    Big K - A breakeven for me is an 'easy out' (meaning cos of brokerage only) - I did this FIVE (5) times today alone. For me that is a record in any one day. My only cost if $39.90 for each breakeven.

    Results:
    - Trades: 31
    - Profits: 17
    - Losses: 3
    - Breakevens: 11 (5 today alone!)

    > Add profits from net trades (31-11 breakeven) = 17/20 or 85%
    > Profitable Trades alone = 55% (poor but some lucrative trades)
    > Loss making trades = 10% (biggest loss was <$200 for MDT at 14.5)
    > Breakeven trades = 35%

    Most profitable trades for me this week were on GDN, ADY, TAM, MDT, CVN, HFA (the day I sold for 25!)

    So - that wraps up another exciting and very profitable week. It was my fouth most profitable week in the last 9 weeks!

    Thanks again guys... hope Monday is better!

    iPod
    WEEKEND WARRIOR
 
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