Aug 30

Quitting at 1PM ET. Not enough on my radar to keep me entertained.

I remain undefeated this week. Go ahead and add comments calling it luck. I will laugh all the way to the bank. The teller will be delighted by my upbeat manner, and impressed by the size of my… deposit.

Ok, if I haven’t jinxed myself yet, surely I just did.

Just another scalp, this time for a meaty 20 cents, though. Of course it went on to run another 60 cents, rrgh, but I think that was based on some UN nerve gas scare. It recovered all that ground 3 minutes later, so I don’t feel too bad about missing that part of the drop.

Watch this post's video on Youtube

Nov 29

Tough day for Zoomie. Stopped out for break-even on Sigma Designs Inc (Nasdaq: SIGM):

sigm trade wednesday

… and then stopped out for a loss on Shanda Interactive Entertainment Ltd ADR (Nasdaq: SNDA). And then tried again and stopped out of SNDA. And then tried a third time and stopped out of SNDA. I remember when I was first trying daytrading, I went short SNDA and it went against me, and I was dumb enough to hold it overnight. It opened down big the next day and I even made a profit (but don’t you ever ever EVER try that–I was just lucky!). So, I will always have a soft spot in my heart for this stock, even if it did beat up Zoomie today.

snda trade wednesday

Stocks Mentioned In This Article
StockLinks
SIGM | |
SNDA | |
Oct 14

I’ve invited Zoomie to post his trades here if he should ever feel like it. Anyone else out there not otherwise blogging their trades, feel free to contact me if you’d like to get your trades posted on a blog that plenty of people read. And if we can’t find one of those, we can just post them here at MtM… :-)

Zoomie had a good week, and his trading style is somewhat different than mine, so it’s neat to have the contrast here. He won 25% of the time, but still came out winning 7 times his risk across 12 trades. Good job! He wanted to give Trader-X a shout-out for having such a great blog. He goes through X’s trades daily, as do I.

Here are the charts, with Zoomie’s annotations (click to enlarge). Feel free to comment or ask questions.

October 9th
DGX 10/9 DGX Trade
CMG 10/9 CMG Trade
GOOG 10/9 GOOG Trade
October 10th
AVZ 10/10 AVZ Trade
October 11th
SOV 10/11 SOV Trade
October 12th
BMC 10/12 BMC Trade
CKR 10/12 CKR Trade
SIGM 10/12 SIGM Trade
October 13th
FCX 10/13 FCX Trade
GOOG 10/13 GOOG Trade
RF 10/13 RF Trade
SNDK 10/13 SNDK Trade