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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Winners Circle / my trades

Date September 28, 2010  Edited: September 29, 2010    Comments Comments (10)    Rate this post Recommend This Post (109)   
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Winners always learn from their mistakes - they do not brood or cry over it.
Is a learning baby step to improve next time.
Trading is no different.
Pre Market futures were green - market opend on down side and dipped in negative by 80 points and recovered in next hour.

It does not matter which side of market you are ON. You still need a trading vehicle for given time frame. You can go long or short or both at the same time
I add my trading vehicles on P & P site and use them to trade stocks and options.

Every trader is different - some love to trade for 1/2% profit for few hours trade and some trade for 15% profit in 60 days - it is the choice one makes.
As long as you take some real money to your dinner table is all it matters.

Some folks are going hay wire to fight for fake dollars

Last buy not the least check out the great blog below by dmonnie

http://www.peopleandpicks.com/blog/dmonnie/3415085/your-RICH-UNCLE#3415262
Tags : MCK   USB   KLIC   FAS   BA   CSCO  

10 Comment(s):

Author rjm77me     Date September 28, 2010 12:29  Edited: September 28, 2010 by rjm77me Abuse this post Report Abuse
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If you do not like some one why hate the fellow trader. You need some one to buy from or sell to.
Loosers make it a passion to waste time by putting others down instead of spending time to improve their trading. They spend their energy on pointing out what is wrong with the guy on the next table. That kind of behaviour also affects personal life due to being critical becomes as second nature.

There are only 60 minutes to an hour and how many one wastes is up to them.
Author rjm77me     Date September 28, 2010 19:09  Edited: September 28, 2010 by rjm77me Abuse this post Report Abuse
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Trolls like 3J - just love to attack any one left and right

JoeJustJoe stated yesterday September 27, 2010 12:28
I "should be" at +500 points by the close on Fri. The bulls need to temper thur buying until closer to the end ov day. "If" they will honor my request I will be ranked #2 or #3 at this site by Fri. Hang in thur,


His buddy Burtman chirps in putting his foot in mouth Here is a sample - Burtman wrote when I provided some info on potential trade on another blog for MCK

Burtman September 28, 2010 12:35
Careful there Dmuney - MCK is eventually goin to $40 and it's gonna start by next week.
Author rjm77me     Date September 28, 2010 19:10 Abuse this post Report Abuse
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Here is how MCK option trade ended
MCK options spread made me good money = 5 contracts closed in last 2 minutes of day meant 55 X5 = $275 on $979 investment in 24 hours = 25% in one day not bad for traders edge. 4.09 +0.69 FOR NOV 60 CALL BOUGHT 65NOV CALL BACK 1.45 +0.24 (my cost was 3.30 - 1.35 - 1.95)


HOW MANY TRADERS WILL LOVE TO GET TRADE ALERTS LIKE MCK CALL SPREADS? CHARTS WERE RIGHT ON MONEY FOR MCK TRADE

MCK is going higher - I am a buyer on any weakness.
Author rjm77me     Date September 29, 2010 13:04  Edited: September 30, 2010 by rjm77me Abuse this post Report Abuse
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MCK is up another 60 cents today = enough to make 15% return on options
Buying JPM 38 call @3.15 or lower on pull back
Took profit on Oct X calls - did buy on pull back this morning bought US tell 44 calls at 1.46 - selling at market at 1.86
Bought and sold XOM Nov 60 calls - will be buyer again @ 2.62.
TEVA looks interesting - getting sold off - could not find specific news
Author rjm77me     Date September 30, 2010 10:22 Abuse this post Report Abuse
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Buying ECA this morning in personal account - hold for 15 days leading to earning date
Bought ITRI at open - showed up in my up side scan yesterday - had sent info to my two trading buddies last night
Author rjm77me     Date September 30, 2010 12:24 Abuse this post Report Abuse
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XOM OCT 60 AND NOW NON 60 options have made me some money for last 10 days - most of the days nothing big - about 4 to 10% on daily basis as day or two to three days trade. i had bought yesterday and market obliged and sold them in first 30 minutes for 30 cents profit on 2.54 investment - did go as high as 3.05. Boght some again and 2.54 limit order and sold for 2.68 in next 15 minutes. No more of XOM today.
Closing the trading for next 4 hours. Time to relax. Back at 3 PM for end of day trading
Author rjm77me     Date September 30, 2010 15:15 Abuse this post Report Abuse
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ECA was my top trade in personal account - It pulled back and now big move on up side
EnCana runs 3% higher over last half hour amid pickup in volume (30.08 +1.22) -Technical-
Author rjm77me     Date September 30, 2010 18:37 Abuse this post Report Abuse
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ECA up date - folks bought 23 thousand oct 31 contracts and 10k contracts of 35 calls. So the target beats the hell out of my guess work - this kind of stuff happens when a buy out is in works with leaked news
oct 31 call 0.95 +0.85 0.95 1.05 23,566 1,055
oct 35 call 0.35 +0.30 0.25 0.30 10,345 1,232
Please do your own home work before buying a stock or option
Author rjm77me     Date October 1, 2010 12:48 Abuse this post Report Abuse
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Buying UUP Dec 22 calls as market hedge - dollar goes up and market normally moves down
Please do your own home work
Author rjm77me     Date October 1, 2010 16:23 Abuse this post Report Abuse
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some folks laugh at short term traders skimming the market for $20 - 40 or $100. Same folks forget that it takes $5 to keep a kid smile with a happy meal.
One of my P & P buddies laughed at me making $40 on $1124 investment in one day - times 3X for 300 shares (meaning made $120) Same guy normally post a loss on his web site picks.
The good swing trade service by so called professional sites cost $300 to $500 per month.
Why I do at this site - it gives me a public record - plus I am getting better with my trades. I even started posting real time post in another blog started today.
Sure some folks will laugh at it and some will use it - choice is yours. Folks can trade stock instead of options when I add real time trades on that blog.
http://www.peopleandpicks.com/blog/rjm77me/3417577/Real-Money-Trade-Central--Are-you-willing-to-participate/
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