Friday, January 9, 2009

Weekly Result Review

I have decided to track weekly results of all my accounts and post it here and compare it with S&P. This is to track my progress and compare against overall market. This is first week and will try to keep it on.

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This week is green in all the accounts. My goal is to have minimum 2% gain weekly basis. I have achieved that in IRA but not in other two accounts. I would have gained them if i had kept my trades open till today but i did not. At least i am happy that i close all the three in positive territory.

Trade

  • Bought SRS at 55.00. Took small position.Might add little more if goes down. But not too far.

Watching



Looking to start position in THOR around 50MA (around 26.50) and close if goes below 50MA. Stochastics also getting oversold.

Thursday, January 8, 2009

Trade

  • Stopped out of FAZ at 38.50. (Bought at 35.14 two days ago). Profit of 9.5% in two days.
  • Sold RTH puts at 2.00.(Bought at 1.45 on 01/02/09). Profit of 37% in 4 days. I could have sold at open today at 2.50 but thought might go further down. So i got stopped out at 2.00. Still a profit.
  • Also sold by GOOG puts at 5.41 which i bought on 01/06/09. Profit of 35% in two days. Could have sold at 6.80 at open but though might go further up.

Wednesday, January 7, 2009

Trade

  • Sold UYG at 5.80. I had bought them few weeks( i guess 3 weeks) ago at 5.00. Profit of 16%
  • Bought Google Options (Jan09-310P) at 4.00. I actually bought them yesterday but forgot to post it.

Monday, January 5, 2009

Trade

  • Sold ABK at 1.50 today. I bought at 1.42 couple of weeks ago. I should have sold this earlier for loss but i had very small position so i kept it. I should have bought on further dip but did. Just 5.6% profit. But profit is profit.
  • Bought FAZ at 35.14 as it is very oversold. Stop is blow 34.00.
  • Sold RIMM(Jan09-40P) at 4.51. Bought at 2.40 on Friday. 87% profit in one day.