rjm77me's Blog : Real Money Trade Central - Are you willing to participate???

Bought SPR at 19.87 sell a Nov 20 call for 50 cents
Sold at market at 45 cents - lowered my cost to 19.87 - 45= 19.43 plus 2 cents for trading cost = 19.45 - Max profit 45 cents in 15 days or 2.5% for a hedged trade

Added an limit order to buy USB dec 20 call at 2.28 - had sold day before at 2.58
DID NOT FILL THE LOW WAS 2.32 FOR THE DAY - xlf MOVED UP IN A HURRY AND TOOK MOST OF BANK STOCKS UP - SMALL %GE ONLY

GNK order filled at 15.79 had gone up to 16.08 - did not chase - will sell at 16.05 - today or monday

Sold GNK with limit order 15.99 - $18/100 shares profit or 1% (after commissions) I pay $1 per 100 shares with trade station

One of the reason I started adding my real time trades is that no one wants to look stupid in front of others. I will try to write after the trade is made or when I add limit orders where ever possible. Real time trades is first priority.
One has to make serious right or wrong decisions. One has to live with real profit or loss.
Note - when ever I mention - one can substitute with stock trades - instead of options.Example DO had about 40 cents spread and can make $35 / 100 shares and get out with principal intact by the end of day. You must have $30,000 in trading account to take advantage of day trading
Please use trade management if you follow my picks - Rememeber the profit or loss is real.

Buying X - US steel in personal account at 42.26 limit order

bought some BLTI this morning at 1.45

Buying GNk again for trade with limit order at 15.51 - had sold Friday as mentioned on Friday

Taking profit on PPD for now - had short position - also closing on this web site - PPD down more than $6 this morning

Trading JPM stock / options - positive bias due to Barron article
Sold JPM 38 Nov calls in morning at 2.54 - bought back at 2.18 (I had bought at 2.18 on Friday)

Buyer of Nov ADBE 25 calls - will add more on pull back

Bought ADBE Jan 25 / 30 call spread for debit of 1.80 stock at 25.62

BLTI went as high as 1.99 but I did not sell any. Holding for long term for now.

Bot DZZ @9.50

waiting for a drop in Gold

I also added to my DZZ position yestermaday and will be adding agin once todaze opening low gits confirmt. I missed getting a fill on some NG Nov putskis at the $8 dollah strike the last time NG was above $9 dollahs. Todaze ramp will make the Dec's cheap enuff to go further out. NG is the most piggish goldie. It's actually a .30 centavos stock. :o 3J

Bought LCRY at 8.425

They "finally" opend up NG Dec putskis and the foist trades were at .70 fo the $9 dollah strike so I will sit on that limit til filt. DZZ needs to take out 9.02. My "low end" target buy all along has been $9 dollahs and it "obviously" is gonna get tagged. It "might" actually trade a bit belowst $9 dollahs. I will add whenst I see a confirmed bottom. I am also concentrating more on VXX than DRV since VXX is going to double during the Oct 2010 market crash. I want to see XXV trade thru 27.83 and my lowest buy on VXX was already 16.45. I will add more heavily to my Vixens ifn XXV sets up "properly" at the high. 3J

Sold X at 43.21 buy at 42.26
Sold GNK at 16.54
Sold JPM calls
Sold Do calls at 4.65

The only thing I accomplished taday was selling my GETA new long position that I bot at .40 centavos fer .46 centavos. It is actually now a buy again as that .38 centavos low is showing as a confirmt bottom so I will try n pick ole GrETA back up agin in the moanin. DZZ is showing a confirmed bottom spot dead on $9 dollahs but thur will be time to let it run thru 9.05 to pick it up at the 9.00-9.05 area. XXV now needs to take out 27.87 so I didn't add to me VXX holdings. The 16.32 low will go bye bye and I will add once it takes out that low and rallies above...just as I will wait fr GrETA to rally above .40 centavos befo re-entry at .40. *-) 3J

Hello traders = where are you = not brave enough to add your real trades with real money = why????
If you add anote mention what price you are ready to buy or sell - PLEASE

Dublin my position in VXX right cheeeya at 16.22 since XXV is above the numba. I kin adjusto ifn necessary. I'll wait fer DZZ to trade thru 9.01 and then >>> "buy the pullback" *-) 3J

Gonna go fer anudder date wit me gal GrETA at .40 centavos. Now at .43 *-) 3J

Actually, on DZZ I am gonna lower me buy entry a tad down to 8.93 but I'm gonna wait until it sets up properly foist. that means it needs to trade to at least $9 dollahs...then back belowst 8.93...then back above...then the limit. Kinda like watching "that other game participant" trade NFLX. :o 3J

It terns out that I wuz just a tad errly on VXX as the 16.20 low is gonna go...soooo, since I am gettin a tad hungy I will "opt out" ifn they gimme a quick .25 centavos per share on me trade....udderwise I'll hold. GOOG deal goin on over at McDoog's on rubber biskits ya know. *-) 3J

My order on NG Dec $9 dollah putskis was also filt. Again, I wuz a tad too errrly as fer as catching eggZackt top as this new frenzied high now needs ta go. But it'll buff out a plenty befo Dec options expiry. NG is actually a .30 centavos stock in the end. *-) 3J

Sold X Nov 44 calls for 2.94 bought yesterday 2.41
Please add real money trades on this blog = with real account
Where are the real traders
Paper money trades will be deleted on this blog

Added an order to buy JRCC at 16.87
Added a limit order to buy GNK at 16.07

Bought X Nov 44 calls back at 2.74 - buyer on weakness

Selling X call at market 2.99
Bought STX at 11.55 sold Oct STX 12 call at 17 cents = my STX cost = 11.40 (after $2 in trading cost)

Sold LCRY at 8.70. Trying some daytrading like Rimmie here. I don't have a clue what to do with cash now. Praying for it to go down.

Buying ADBE Dec 25 call with limit of 2.31 stock at 25.58 - filled

Trying to get a fill on ONP at 4.29, hate these limit orders.

Since we have now o-fish-ally hit the traditional 1PM sell hour and my most recent entry into VXX wasn't too bad atall I will try n hold fer a tad mo chachingo than 16.47. I'll sell to reload ifn the trading desk at GS handling the SPX account takes the SPX to 1150. *-) 3J

ONP filled at 4.29, this is one of my long term plays will see if I can daytrade it.

Bought UUP dec 22 calls for 74 cents

The trendlow on DZZ is now complete to 8.89. Soooo, once that numba is breached, and then it rallies back above, I will add to my holdings again at eithr 8.89 er 8.90. *-) 3J

Put in a limit order to sell ONP at 4.49, we are at 4.40 now too far let us see.

Trading X calls and DWA

The new over/under fer DZZ is 8.77 so that will be my add to point. It won't be necessary to add to me VXX position. But I will make one small add to me DRV holdings once 21.18 goes bye bye and it breaks back above. Other than that I "should be" GOOG ta go for anywherst from 1 week...to 1 mumph. The selling that is coming will wipe out 2 mumphs werth ov gains in a veeery short period ov time. Thaaas why I ainna too sho about the "hold" period :-) 3J

sold FWLT market order at 35.03 will buy on pull back

taking 40 cents profit on DWA for holding 40 minutes
Also close P & P trade on DWA

I SIRIously doubt the market maker is going to give me the trade...but I am sitting on an open limit to sell my NG puts for a 50% gain. NG didn't quite take out 9.76 on the open and I "expect" it to accomplish that before the day is thru. If they give me the trade I will simply reload at the high. *-) 3J

Dumped ONP at 4.36, well a 7 cents profit, trying to buy back LCRY

Profit is a profit - buys a Happy Meal

Buying PBR Nov 32 call with limit price of 2.55 = filled

Cancelled LCRY order, stopped daytrading you got to be glued to computer and orders dont fill. Bought some balanced ETFs for regular income. Goodbye

I'm gonna take my $20 dollah net gain on VXX right cheeya and pick it back up right at the low as soon as the VIX trades belowst 21.25....lunch time ya know *-) Basically I am only selling the shares I bot at 16.22 yestermaday. 3J

JaiH
Good decision - it takes a lot of work for short or long term trading.
Picking the right liquid stock is the key - do you subscrible to any charting service?

I have a 30 cent trailing stop limit to buy BLUD after it dropped 17% today.

starting price 16.84 on 10-8-10.
ending at 17.22 on 10-14-10

Couldn quite get errr duuuuun taday...close! ...but noooo ceeegar. >>> :-( 3J

tradeding ADBE

Gonna be "highly" doubtful I kin get errr dunn taday cuz thur was too much damage done to da VIX on a very minimal move in the SPX. Butt!...thur's always a chance. :-) I made an initial rebuy on VXX at 16.00 spot dead on and I just added to my position at 15.52 as da VIX put in a lower low on a higher RSI reading. Any rally will only be a short term reflex to alleviate an oversold condition however. The lows on VXN, VIX, and VXX will all be taken out. The "obvious" price point VXX could rally to would be 16.20. They "might" just trade it to a much lower high and come back to confirm. We will have to see. The "key" is still going to be the U.S. dollah. It still needs to takeout 22.36. Also, it is intrusting that it "looks like" SLV is going to long term top out well befo GLD does. ZSL still needs to take out the 19.35 low...but SLV is now in a position to show a long term top on the 1+ year charts. I sssuspect the same will happen once DZZ trades down belowst 8.77 and GLD takes out the high...again...all on the back ov the U. S. dollah. I came close on AAPL...294.44. I haven't given up. I just need a tad mo help from "that other game participant" is all :-) 3J

Bought JPM Nov 38 calls with limit order of 2.34
Bought MFC with limit order of 12.24
Sold JRCC - half position for small profit and for half position sold JRCC Nov 17.5 call for 80 cents - potential 50 + 80 = 1.30 or $1.15 with slippage on investement of $1099 or 10% in 35 days
Bought RBC at 55.39 leading to earning on Nov 1 2010 - target 59.50

Bought COCO call spread - buy Nov 6.0 call and sell Nov 7.5 call for debit of 57cents stock at 6.30

Will buy 5 CROX $15 dollah puts with 5 daze left ifn they gimme .55 centavos. Wish me "luck" on thisn. :-) 3J

Bought ADBE Nov 25 call with limit price of 2.59 and sold ADBE Nov 31 call with limit price of 67 cents - net debit of 1.90 (after 2c commision) stock at 27.02
This works as stock replacement buy or delta trade

Added Dec UUP 22 call with limit order of 70cents
Financials are pulling back buying BBT at market 23.61

Mission accomplished on the CROXems. I also doubled my position in my gal GrETA taday at .30 centavos. Plus my 2 VXX buys. Overall a purty GOOG day as I got quite a bit accomplished. Still waiitng fo the last shoe to drop...that'd be UUP of course. :-) 3J

Looking in rear view mirror - there were lot of trades = profit was worth making those trades.
All trades entered were real money trades. This one was simulation of day trading or swing trading rooms which cost $300 to $500 per month as subscription.

Yesterday into the close you sed >>> "tradeding ADBE" ...like someone who was over anxious to "catch it before it goes too far without me!!!" would say as they observed that idiot ramp in the last 15 minutes of trading. You got pretty excited thur fer a seckond...no? :-) I "know" thur's noooo way you woulda shorted that move. Are you still holding the ADBE calls? Just curious. :-) 3J

3J Yes I am holding ADBE calls - they are in green - I have $5 spread - NOV and Jan 11 calls
I had bought ADBE Jan calls at 2.33 now trading at 3.60 /3.70 - short Jan 31 calls
I added ADBE Nov 25 calls Friday at 2.59 - now at 2.95

Sold JPM 38 calls at 2.68 - Earning Wednesday morning - may trade it if it pull back as Earning Wednesday morning - will be volatile

Otay...just wonderin. :-) No moves fer me yet taday but I'll post my "add to's" befo the day is thru I'm wreckin. Or ifn I need to "rejigger" me VXX position...but I doubt I will. :-) 3J

I expect sligh market pull back before fresh money get invested in Market as awhole - till that time start playing stocks which are lagging and normally beat earning - I did buy RBC Friday at 55.39 in real money account - 401K - target 3 to 5% up side in 10 days

Buyer of CL Nov 75 calls at 1.59 limit order
Buyer of USB 20 calls at 2.41 limit order

Bought AXP NOv 37 calls at 2.30 Next earnings release: Oct 21 after market, confirmed. Thomson Reuters estimate: 0.84
Bought BBT Nov 22 calls at 1.93 Next earnings release: Oct 21 before market, confirmed. Thomson Reuters estimate: 0.27

MetLife (MET) was added to merril Lynch Focus list as MEDIUM risk buy rated @7 $38.94 Next earnings release: Oct 28 after market, confirmed. Thomson Reuters estimate: 1.04 Buy MET Market Day Executed EXE @ 38.8644

Bought JPM Nov 38 call back at 2.51 - sold in morning at 2.68 - see morning note - will sell Tuesday - profit or loss - not holding over earning

sold JPM CALL AS MENTIONED YESTERDAY AT 2.70
Took partial profit on AXP calls bought as mentioned before
Bought BBT Nov 22 calls for 1.80 and sold Oct 24 calls for 14 cents
RBC provided another buy opportunity this morning now up another 66 cents

Bought CL Nov 75 calls at 1.47 this morning

buying WBSN AT 17.34 buy watch Next earnings release: Oct 26 after market, confirmed. Thomson Reuters estimate: 0.30
SELL TARGET 18.25

TM Market Day Executed EXE @ 69.76

Bought CL Nov 75 calls at 1.47 this morning
sold at 1.73 not bad for day trade 20% in a day

bought JRCC with limit order at 16.81 sold 17.07

ADBE call bought 2 days ago at 2.60 - sold at 3.12
wil buy again on pull back

BBT WORKET GREAT TODAY

Sold BLTI, completely out of it now.

So frtoday the only move I made is dublin my position in SIRI Dec 1.50 putskis. My ave cost is now appx .27 centavos. I will Mighty Mo than likely roll my CROX putskis into Dec at the $14 dollah strike. And I will be making add to's on VXX, DRV, and DZZ once the new lower over/under numbas are confirmed. I'll have a trade or too more I'm sho besides. I will post em as I make em. *-) 3J

Sold CL calls at 1.88 = avg buy was 1.54
sold WBSN at 17.62 bought yesterday at 16.36
Bought BBT at 23.44
Sold oct BBT 24 call at 18c
Bought X nov 42 call at 3.80 - sold X nov 48 call at 1.18
Selling MET at 39.87 bought 38.74 2 days ago

sold BBT at 23.78 - 1.5% profit for 1 hour - ok to go

bought BBt at 23.57 again

Bought BCS == sold BCS nov 20 call for 40c

Gonna take the gain on me CROXems heeya into the close. CROX "should" hit 14.25...that's the "obvious" numba. 3J

Will take profit on TM bought on October 12, 2010 13:18
TM Market Day Executed EXE @ 69.76
Premarket it is showing 71.80 - good to hold two days for $2 or 2.7%

Taking the 45% 4 day gain on CROX putskis. I will roll into Dec's on any rally. 3J

Adding to me DZZ holdings at 8.53...that's my low buy. High buy at 9.92...ave now at 9.19. I am also trying to buy 5 NG Dec $10 putskis fer $1 dollah ifn they'll give it to me. I will bump that up to 1.05 ifn necessary as NG trades thru 9.76. This is a .30 centavos stock within 2 years. It will get cut in half in 2 weeks :o 3J

sold CL at 2.15 - last 5 calls had bought at 1.54
Will be buyer on pull back
Buyer of X Nov 42 calls at 3.70 limit order - now trading at 3.9 / 4.00
bought X Nov 42 at 3.55 and sold x nov 50 call for 72 c

Had to go out to Jan on this pig. Bot 2 EXAS $10 dollah putskis at 2.55. This is actually a .12 centavos stock :o 3J

Buying BAC at 12.51

Bought Jan 2011 WFC 20call and sold Jan 29 call short for net debit of 4.59 as stock replacement trade.

I will be away from active trading for two weeks - semi vacation mode - starting Friday Oct 15
Need to have fun - plus i am mostly buy side guy and market may be taking a breather - so perfect time to have fun in Manhattan by Wall Street and Atlantic City
I will enter trades as and when convinient.

Bought BAC at 12.15 and sold BAC Nov 13 call for 27 cents - potential to make $1.05 in 31 days or 8.5%
Bought ADBE Jan 2011 25 call ADBE 110122C25 Buy to Open limit order3.55 3.55 Filled

sold some UUP Dec calls for 84 cents UUP 101218C22

bought usg dec 11 call USG 101218C11--for 1.55 (Morning star USG has reduced its cost structure, but improved volume is critical to returning to profitability - USG is in home construction sector - Warren buffett owned a high %ge at one time - not sure if he owns any or kept his position)
Will be buyer of ECA around 29.30

Took profit in ADBE calls bought trade today at 3.55 sold at 3.90 - still holding for longer term (see 10:34 post)