12:46 just added to LVS MGM in my fidelity account, bought 225 LVS and 115 MGM

12:56 checking leaderboard: NAV, VISN, SOA way up, tempted to short if they drop a bit more
-also following CNMD for possible play outside ov 16.5/17.5 current trading range


1:03 trailing stop took out ZLC for $32 win, manually closed out remaining 100 ACAS at 4.94 for $125 profit too.
net wins for the day: $1,317 so far

1:05: Moved up AER trailing stop to 4.55 here

port value now $44,928, almost at the 45k mark. Will be nice to see it hit 50k, hopefully this week. (a double is at 58k)

DRYS+ on radar

I'm thinking my AER looks like a potential top here at 4.65, may manually sell it if the tape gets weak. no shooting star on 5/10/15min candle yet.

1:11 EST: went ahead and sold final 100 shares of AER here at 4.63 for $140 profit.

1:14 watching tape in LVS to see if we get b/o over the 8.50, will add more if it does, on strong momentum


1:15 sold 100 FCSX swing hold here for sm profit of $53

1:17 sold 200 MNI swing here for sm profit of $83

*Likes Methodically Taking Money From Wall Street*
....
scanning
....

looking to buy ZLC back if it drops a lot, or breaks out to new highs, and following tape in LVS for potential b/o over the 8.5, wary of possible headfake though, I may wait til 8.61 to buy if it gets there...watching LVS like a hawk


1:30 bought 400 LVS here at the 8.52 breakout, I don't like buying stocks when they're up this much, but
for a longer swing/position hold will likely be good. Will trail stop close, eg 400 at 8.35, not giving it much room on purpose,
high risk imho.

1:34 ZLC getting some buyers, same story re I don't like buying stocks that are up 20% on the day

1:39 grr 400 LVS stopped out here at the 8.36 for a -$58 stop. I'll still rebuy on new b/o if it clears new day's high 8.6+

tempted to short SOA here at the 6.88, but TRINs are bullish, so I'll skip it. ICE making strong 2d low b/d continuation lows

1:43 bought back my 400 LVS here at 8.43, will put 8.30 stop in for it. I feel like I'm probably overtrading it today. I don't want
to give back earlier profits with a bunch of small "nibble" stops, so I'll discipline myself to not overtrade it today.

1:46 NAV wow no way I'd buy it up here after running to 31 from a 22 bottom, net +35% change on the day. it may still keep going up,
but I am definitely not going to buy.. possible short op on weakness, will follow for that, esp. if COMPQ drops sub 1620

1:52 bought 500 ZLC here at 4.78, trailing close stop on it

1:54 bought 50 DRYS here 14.44 on b/o, trailing stop at 13.8 on it

TCK ENER both strong here on breakouts (b/os)

1:58 shorted 50 NAV here 30.65, it'll probably stop out, I'm only going to give it to 31.5 max to cover


2:07 bought 400 more DXO here 3.34, nervous about NAV short, will cover it if it gets to 31.5 max, following tape; not good
to be short since COMPQ just started getting long, will likely stop out...

2:10 NAV short looking better now, lost the 31 support, still high risk, which is why I only went 50 shares, we'll see... if it doesnt
move soon I'll cover out on gp, because I'm tired o watching the tape on it... drop or pop, make your move nav..

2:20 yawwwn NAV c'mon let's move. Looks like it'll likely stop out, I'll wait a bit more patiently here, using 31.5
max stop out value.

2:22 Looks like my DRYS may stop out too, I'm using a 13.8 stop, it's at 13.94 here.. ah well sometimes you buy the tops, that's what
small stops are for...

Strategy Note: initial stops on all day trades
I've started using initial stop values, that are triggered automatically, for market sell orders for intraday trades, and it works well, since I
don't have to worry about manually exiting/following a lot of positions at once, it's a safety buffer to keep all stops very small.

2:32: Sold 1000 DXO for +$124 profit. Waiting to re-enter only if it takes out new 2d highs

2:35 DRYS stopped out for -$34; still waiting for NAV one way or the other; pennant at the 31, will break one way or the other soon.
I think it'll probably go against me. But my cover stop is 31.5, so we'll see.

2:45 bought 300 more ZLC here since it's not losing the 4.7 support from afternoon, at 4.91

2:48 NAV finally drops a bit. Will likely cover soon because tired o watching it.

2:47 LVS 400 stopped out for -$72/ouch, may re-enter if regains buyers, that's my biggest stop of the day; I want to get back in
400 LVS at best price, so watching here to see if it loses the 8.2/8.0 etc, will re-enter sometime today

3:01 bought back 200 LVS 8.29
3:07 added another 200 LVS 8.34

3:41 still short the NAV, waiting to see if loses 30 support
glad I bought back my LVS, looks to close + today, and the ZLC + too. considering buying a bit more MGM into the close

3:47 covered the NAV at 30.25 from my 30.65 short, not worthwhile since only +$18 for all that

Tiring afternoon, not much worth trading in today's pm session. Overall did well, net P&L for today ended +$1486 --- not bad for a chop monday



Proof that I'm not just someone that sells stuff to traders, but that I'm also a successful genuine AUTHENTIC trader who practices what he talks about. I hope this has been helpful to you, the insight/thought process/entries & exits I've done today.

Ok time for a sandwich - I'm hungry. l8er.

-ken




(note these are not trading recommendations, they are what I'm personally trading myself, for educational use only)