sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Monday, December 27, 2010

i didnt have time to look for new entries but thats ok. i have enough stocks right now to learn from. just going to ride this uptrend into the new year. the only real improvement im focusing on right now is to make sure each of my requirements is "really good" instead of just "good' or "decent". I want my large bar to be HUGE, i want my volume to be HUGE, i want my ema's to be FAR APART, i want stochastics to be COMPLETELY oversold/overbought, i want my consolidation to be LONG and STICKY with SMALL bars. obvious but thats what i need. stressing what works should improve my trading at least a little.

my current trades are looking ok or better. this santa claus rally might help me hit a few targets.

Wednesday, December 22, 2010

Yesterday i hit my target in CKSW for an 8.6% gain. It kept surging past the target but i probably did well by getting out there.

Today my LNN trade finally hit its stop for an 11.8% loss. the reward was 29.6% so in the long run this would be a good ratio, if u can afford the potential loss. one day when im limiting my portfolio with position sizing this might be something i would skip.

Today the market barely went up. I didnt try to enter anything new. Overall my portfolio is looking good. With LNN gone, nothing else looks like crap.

Monday, December 20, 2010

KBH, AMZN, VLO long entries

Today i entered KBH, AMZN and VLO for long entries. I was already holding plenty of trades to watch but, why not more? it couldnt hurt. i have found that the more exposure i get the better.






Today the market started to push up a little more than usual lately. My stocks are looking good overall. I updated my entry checklist lately, which now emphasizes having no roadblocks instead of having more proof of a breakout level.

Currently holding 10 different long trades going into tomorrow. Not caring about position sizing, i just want to see how different trades work. One day, when im using real money, i would obviously be limited on how much to get into and i would probably limit myself to 5 or 6 different trades only with specific numbers of shares, instead of my usual 100 practice lots.
By the end of last week i had been stopped out of CEDC.

I bought another 9700 shares of GRYE at 2 cents each, now ill just wait for a spike. it was funny though cuz my little trade alone pushed the stock price up 11.11% that day. the small positive bar on the chart for that day was because of me.

I exited MCP for a nice gain but got stopped out of KH for a nice loss as well.

I entered STZ for a long entry

Im thinking about focusing more on SP500 stocks instead of broad market since i follow the SP500 futures chart.

**I have to accept the fact that there will be situations where i ignore an indicator, such as:
-ignoring oversold stock stochastics during a strong market trend and instead just having faith in the strong EMA's for direction

-Ignoring EMA's during no market trend and just having faith in oversold stock stochastics for direction

Tuesday, December 14, 2010

BCS, CSKW long entries

My recent SNCR entry went to crap immediately and i also got stopped out of REE which had been crappy for a while. but im still wanting to be long. Entered these two today. I think requiring stochastics to be stuck still might be good, but really i what i was getting at was finding a stock that is in a strong uptrend. Both of these are in strong uptrends already, just like how my best trades im holding right now are.


dull day, most of my portfolio is down. GRYE was flirting with my 0.015 limit order but popped back up again. As of today my long liquidation of FCX, FO, MCK and SNDK all have hit their targets.
Does avoiding roadblocks far outweigh strict entry requirements? probably
Does an increase in swing volatitly help? probably
will i use either concept more ? idk

Monday, December 13, 2010

SNCR and LNN long entries

Entered SNCR and LNN for long entries in the solid uptrend thats going on now. The market is starting to remind me of back in 2009 right after that first big hammer/full moon entry in the late summer. These two entries are interesting to me and MAY include a potentially HUGE improvement in my traiding, mainly with the way i use stochastics. These two trades have already overbought stochastics. I noticed some of my worst trades lately were oversold, like i wanted them to be. But a couple of the best trades ive had lately, plus nearly all the ones i skipped (for not being oversold) were already overbought and DID AMAZINGLY WELL. Some of the steepest rallies to targets i have ever seen. the more i think about it, it makes sense. buying at oversold stochastics does work but it works best when there is no trend. oscillators work best in trendless markets. the way im actually entering right now is in a solid uptrend, so being oversold is not as important. it might be hurting me by getting me into too much weakness. anything that is trending strongly should be stuck overbougt. so me getting into a breakout, during a strong market trend, with stochastics that appear to be "getting stuck" should improve my trend following strategy. maybe when the market's emas are intertwined with no trend i should revert back to buying at oversold....


Ill see how well these two trades do compared to the others. Maybe this is a big breakthrough for me. Im currently holding 9 long trades. i think that used to be a record for me earlier this year, after i started printing out charts to research while at work. awesome, im not printing out any charts anymore. scanning through the largest percentage movers of the day seems to do most of the work for me.

Wednesday, December 8, 2010

LOJN long entry

I liked how this one was already in a nice daily up trend just like how FL was. FL seemed to move the best out of all of my recent trades so i'd like to emulate it.
Market didnt move much but many stocks did. My current stocks did kinda bad today. I just wanted to get into one more trade for now, bringing me to 7 total. Im 100% long right now.

I am going to take my pretty, pretty girlfriend to an Andrea Bocelli concert tonight. THen i will feed her food. She deserves more than i can give her.

Tuesday, December 7, 2010

CVBF long entry and 2 exits

Entered CVBF for a long trade. Im assuming the market is back in its uptrend now.



Exited CTRP and NM shorts since the market uptrend appears in order again. Got a 5.8% loss from CTRP and a small .7% gain with NM. NM was really strong going down so it went easy on my as the market pushed up.
Im ready to tackle another good trend and get through a trend change after that.

Monday, December 6, 2010

Long entries

I got into MCP and REE today just before the close. I had entered a long on friday also i think, ill have to check on with stock it is.


market was fairly quiet today. Im thinking the uptrend will continue now. I will have to figure out how to get rid of my shorts if this is true, another new situation for me. New situations are good, it means im growing.



Thursday, December 2, 2010

Much happened in last 2 weeks

No time to post anything for the past two weeks. I felt like i could barely find time to do any trading but i guess i did some stuff. Two weeks ago i was trying to figure out how i should manage my trades since the market was starting to consolidate after a decent break down of a rising trend line. After the break down i exited most of my longs and got into several shorts. Then i tried adding some longs after consolidation seemed obvious, thinking if im long and short in what appears to be sideways movement in the market, i could benefit the most since im unsure as to where the market is going. I figure whichever side is wrong wont move against me too quick or i could exit early while holding onto the side that is right. The wrong side shouldnt turn around too quickly since there should be at least a little pressure pushing it toward its target. I had entered AH, CPWM, CRM, FL. Out of the Longs i exited on the break down, only SNDK eventually hit target, maybe that was a good idea...GSIC got stopped out for a 7.2% loss.

Going heavily short after a supposed break was probably a mistake for me, i should have known that it could easily go sideways instead of further down. Turns out it went sideways.

After over a week of sideways movement, i went ahead and exited AH, CBK, CPWM and CRM since they were struggling to move to their targets and i kept FL(long) and NM(short) since they were moving very well.

Recently i entered KH, RIMM and CTRP but then i soon dropped RIMM cuz i realized i skipped over the fact that it had its weekly 200 just in front of it for resistance. Today im holding CTRP, FL, KH,NM and trying to still get into SRI(long) after missing its entry yesterday but im thinking it will leave me behind since the market is starting to push up.

Im thinking i could be long and short when the market is sideways, but just trade with the market when its in a solid trend. I just need to make sure i have patience before calling a solid trend......when in doubt, i will go both ways.

Before the close today i tried to enter into two more long trades, CEDC and ZEUS, but my orders werent making it through.....some kind of "internet or server problem", i blame it on TOS cuz the internet is working great for me. I will try to get into them tomorrow with limit orders and if not i think i would keep track of them as if i entered. Looks like the marke is going to continue its uptrend. Currently holding FL, KH longs and CTRP,NM shorts. Looking for late entries in CEDC, ZEUS and SRI.