a trader's log: November 2010

Tuesday, November 30, 2010

Prices

Closed PFE at $16.31 and INTC at $21.17 implying a profit of 4 cents and a loss of 8 cents. More to come. Good Evening folks! S

Closed the positions

Exited both positions at the ring of the bell. The volatility from yesterday was gone and the trades did not reach their targets.

Monday, November 29, 2010

Today was a volatile market session

I am back from holidays and tomorrow I hope volatility in the markets will sustain! Blog you then. S

Wednesday, November 24, 2010

Today's summary

Today I made 2 small losses, 9 cents in INTC and 2 cents in PFE. I would like to wish all readers happy holidays!

Posting the payoff graph as a substitute for trades tomorrow.

The graph shows the return from all trades on this blog from a $125,000 investment.

Sam

Closing the PFE position at 16.67

Bull market adjustment

Today we are seeing a bull market. Closed my short INTC pos here, at $21.40

Levels

PFE was sold at $16.65 and INTC at $21.31

Tuesday, November 23, 2010

I stopped myself out at 16.72 in PFE. One winner and one loser today.
The trades this week so far below

11/22/2010 PFE +$150.15
11/22/2010 INTC +$1187.65
11/23/2010 PFE -$1514.23
11/23/2010 INTC +$1298.39

Protective stop

I will stop myself out if we will see a new high for the day in PFE.

Closing the INTC pos

at 20.96

Also shorted PFE

at $16.51

Shorting INTC

Shorting INTEL at 21.18

Monday, November 22, 2010

End of Monday

Today I traded quite well. 2 cents in PFE and 20 cents in INTC. Outcome below.

Pfizer

Buying my Pfizers back here.

Profit taken in INTC

I sold the Intels at 21.25

And shorting PFE

took a short pos at 16.65

Buying INTC

21.05

Sunday, November 21, 2010

Last week's trades

Here is a list of last week's trades and the return from an intradaybets-standard investment ($125,000)
The total return was $3,096

11/15/2010 PFE 594.18
11/15/2010 INTC -642.22
11/16/2010 PFE 338.04
11/16/2010 INTC 1240.55
11/17/2010 PFE -903.61
11/17/2010 INTC 1311.40
11/18/2010 PFE 1276.28
11/18/2010 INTC -118.82

Friday, November 19, 2010

Summing up Thursday's trades

Yesterday I closed the INTC trade at 21.02.
The trades gave -0.1% and 1.0% respecively or dollar returns of
-$119 and +$1,276.

Now it's time for this day trader to go on a short Paris trip. Will be back next week.
Have a nice one folks!
Sam

Thursday, November 18, 2010

Closing the INTC position

I am closing the INTC position. It came in almost unchanged in the end. Held it a bit too long during the rise.

Time to take profit

We have seen a rapid price increase. Will be selling PFE at $16.82

PFE

Bought PFE at 16.65

Buying INTC

Wednesday, November 17, 2010

My good INTC trade

I managed to catch the peak today in INTC. Congrats everybody who followed suit.

Will find a good way to enjoy this Wednesday evening now. See ya!

Closing my PFE position

As usual at this time of the day when I have not been able to close my positions at a good level or stopped myself out of them I will close just before the closing bell.
Got out of INTC at 21.19

Inserting a sell order in INTC

at $21.19

PFE

also buying some PFE at $16.60.

Buying INTC

At $20.97

Tuesday, November 16, 2010

Summing up today's trades

These are today's results

I am mostly satisfied with the INTC trade where I managed to get the most out of today's move:

I wish a good night to you all!
Sam

Buying back my PFEs

Now

Covered INTC

$20.95

shorting PFE

at $16.64

Shorting INTC at 21.16

Monday, November 15, 2010

Result

Got out at $16.75 and $21.30. So today I made 8 cents in Pfizer and lost 7 cents in Intel. 1 cent per share for the day. Let's be happy with that and trade more tomorrow. Sam

Closing the positions

Today was not a very eventful day on the markets. Will close my positions now.

Shorting Pfizer

No moves on the upside. Took a short position at $16.83 instead.

Time to trade is when?

If PFE will trade higher than today's highs I will buy

INTC

Taking a long postiition. at 21.41

Covered the short INTC position

at $21.35

The first trade for the week.

Shorted INTC at $21.39

Sunday, November 14, 2010

Graph over dollar returns

The curve of dollar returns made a nice V this week. Let's see what shapes next week might bring to the continuous drawing of the return curve.

Saturday, November 13, 2010

Big profits and small losses, these were my trades this week

Here is a list of the trades this week and the dollar returns from a per trade-investment of $125,000:

11/8/10 PFE -441.44
11/8/10 INTC -761.48
11/9/10 PFE -877.19
11/9/10 INTC -294.81
11/10/10 PFE -297.97
11/10/10 INTC -777.88
11/11/10 INTC 1508.93
11/11/10 PFE 1423.86
11/11/10 INTC -180.81
11/12/10 PFE 222.68
11/12/10 INTC 1388.25

Friday, November 12, 2010

Exiting my PFE position

It's Friday night folks! Time to leave the screens. Selling PFE here at $16.81. 3 cent profit per share or $222 . The INTC position gave 24 cents profit, or $1,388 on a $125,000 investment.
I wish all my readers a truly enjoyable rest of this Friday!
Sam

Buying back INTC

Cover here at $21.37

And the second trade is a short selling of INTC

at $21.61.

Today's first trade

Selling PFE short at $16.84

Thursday, November 11, 2010

Results of today's intraday bets

My PFE trading

Had a good day today, managed to capture some bigger moves. The results below

Enjoy the night
Sam

INTC

Sold the INTCs at $20.96

Profit taking

I sold the PFEs at $16.87

Update

So after some trades back and forth I am now long in both Intel and Pfizer.
Bought Intel at $20.74, Sold at $20.71 and bought again at $20.71, it's moving quickly today that's why I am trying both sides.
Will see if PFE ($16.79) can gain a few more cents. In that case I will sell it.

INTC

Buying back at 20.71

Selling INTC

at 20.71

also bought PFE

@ 16.68

Buying

INTC

Wednesday, November 10, 2010

Results 111010

On this binary day, the results were as follows.

I thank you for having been with me today. Stay with me tomorrow as well because then we are going try to have some great fun in the markets.
Sam

End of the day

I almost got the trades to the point where I would take profit but the market turned just an inch too early. Will close the positions before the close.

Also shorting INTC

at $20.89

Starting the trading Wednesday

By shorting PFE at $16.78

Tuesday, November 9, 2010

Today's summary

Got out at $21.15 and $16.98. implying small losses of 5 and 12 cents. I will look for some good ones for tomorrow. Have a nice evening

Time to sell

The market is closing and I am selling my PFEs and INTCs here.

Protective stop

A level to exit is always good to have. My current levels for exit are around 16.88-16.92 for PFE and 20.95-21 for INTC

Idea about the trade

This is my idea about the profit target in the INTC trade

INTC bought

at 21.20

Buying

PFE at $17.10

Monday, November 8, 2010

To sum it up

I sold INTC at $21.21 and bought PFE at $17.05, implying small losses of 13 and 6 cents.

Thanks for being with me today. Tomorrow we'll trade again! Sam

Trade update

I am finding myself rather ill-positioned. Will seek to liquidate my positions in the last minutes before the close.

PFE

I have gotten myself a short leg as well. Shorted PFE at 16.99.

Bought INTC

@ $21.34

Trade Idea

Will trade Ericsson B on the Swedish stock market if it breaks up above the newly formed top.

Saturday, November 6, 2010

Returns

This graph shows the returns from a $125,000 per trade investment for all trades posted to this blog.

Friday, November 5, 2010

Friday summary

I noticed there is a typo in the first post of today, I shorted INTC at 20.11 (not 21.11) and bought it back at 20.22. A better trade was my short position in PFE where I covered not very far from today's low (see the chart below). -0.55% and + 1.07% were the results today.