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Old 01-02-2009, 02:01 PM
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Ken Ken is offline
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just sold LVS 500 shares for a $483 profit at 6.97, will re-buy back in if it breaks 7.15 resistance. market looks like COMPQ 1620 resistance, keeping eye on TRINs. also just sold 1k MGM at the 15.0 here, from intraday acct, for another $901 winner.

My winning trades, actual realized P&L I banked with real capital, real trades is $3215 for today! Feels great to be winning.

PROOF (amounts of wins in blue, amounts of stops in red):



I want to get back into ZLC LVS MGM on weakness, I'll see if they drop into the close, looks like the COMPQ is falling here,
a pivot now since dropping sub 1615. Still long-term bullish (and long, in position acct/fidelity) in all 3, selling from short
term intraday acct here though, to bank profits. still in 200 long MGM here from earlier in intraday, will sell if it loses 14.8, or if
it runs up into the close. or sooner, depends on tape/trin/compq pattern

bought another 1k BGP here 2:18pm

note that I'm closely using my tape reading patterns for all entries and exits, of course.

update sold MGM final 200 shares in intraday acct here at 15.16 for another profit 2:26pmEST
looking to sell LVS remaining 100 shares in intraday acct on first sign of selling.. right now it's strong, testing 7.1 resistance at 2:27pm

2:28pmEST: trying to determine whether to add to DXO/OIL, and when/if to get back into ZLC. mostly watching LVS tape here, looks strong into
7.1 resistance, will see if it pops up or fades

my temptation in this volatile market is to continue to sell into rallies, and re-buy on dips/red selloff days. reminding myself to take profits
early and often, since I can always re-buy into positions later. LVS new high here, but I'm ready to sell on drop under 7.

note I'm not shorting anything today of course, this is a "sell winning position/swings into rallies to book profits" day.

2:32pm EST, COMPQ continues to rally, up testing 1625 resistance right now.

2:33pm EST just sold final 100 shares LVS here at 7.09, can buy back on dip/selloff. I think we're near a top, shooting stars on 5/10/15 min charts, I'm out.

P&L Update: as of 2:34pm EST, I banked $3,577 in winners today.
Who's the man?
PROOF: here's the realized (actual) P&L I banked today... ca-chingo!



** Can anyone else claiming to be able to teach traders, show you REAL PROOF like this? **
Buy all my stuff, while I'm still running this business. I am a real trader. Who wins.

-ken

2:37pm EST Here's my updated trade record for today so far. What a day. I'm in a good mood.
Again, note the BLUE amounts are the WINS, and the red amount is my stop. Whoomp there it is.



2:38pm EST my cash position now is now I have $24,750 available to 'go shopping/trading' with, into the close.
I'm not sure I'll buy anything, as I definitely expect a DOWN RED day coming up soon, so I would like to be mostly
cash into that. We'll see.

2:41pmEST My BGP is taking off. my 7k shares in IB are in from avg position of .64 though (it's at .49 now), so I need
it to climb a lot more to turn into green. patience, padawan, patience....

(note I am *not* going to be running a live room again, been there done that, thanks anyways for the email questions.
why would I want to do that when I can trade my own accounts instead?)...

update 2:51pm EST bought back 300 shares ZLC here at 4.05, I don't think it'll drop any further today at least, hopefully no
gap down on tomorrow's open, that's why small shares, risk of gap- following this 20%+ move. still long size in position accts
in this.

hmm missed out on BR, nice move today from 12.6 to 14.2 so far, great trend line, will watch next week; BUCY also strong today
from 17 to 20.4 so far.

Update 3:18EST sold back 100 of the ZLC, looks like it's dropping a bit to test 4.0. Watching LVS here at the 7.15, I don't want
to buy any of it back up here, since 20-day resistance at the 7.7, but I'll buy a bit if it drops far enough into the close, eg sub 6.7,
which probably won't happen. Gotta fight the temptation to trade/overtrade. Likely a good time to just turn off the monitors, but
of course I can't do that. Eyes glued to my charts here into the close. Wonderful trading day. Yeah!

I think crude'll run/gap early next week, wondering if I should add more DXO, or OIL. Tried to buy small shares OIH but it said
you can't trade odd lots, and I don't want to buy 100+ of it at $80/share.

Strong closes here in SPWRB JRCC GS LVS MGM and many others.

update 3:40 pm just bought 40 OIL, and 100 each MGM LVS here into the close

update 3:47pm EST Just bought another 200 shares DXO here at 3.1

note: mutual funds/hedge funds etc will need to "look good" during 2009, so we're likely to see a huge "January effect", eg buying
a lot of small/mid caps during the next few weeks. Opportunities abound here. And I'd successfully, correctly called the market
bottom in late Oct/early November for all of you. Now the real fireworks begin.

**What a rally day! Market's closed at 1632 from a 1573 open, nice strong run for us, up +3.38% from open in the COMPQ
Exciting day to be trading today! Hope you all did well with your trades too. Have a terrific weekend.

- ken

(note none of this is to be construed as trading recommendations, it's simply what I'm trading, for educational use only)
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