Daffy Trades Micro Patterns under $1

[tech/a]

Interesting: I notice the initial trade risk varies ($300 AMA, $350 MOZ, $400 RSG, $525 SBM).

Is there a reason(s) for this? (fav patterns, fav stocks, fav sector, thin MD, easy/quick calculations, PhD position sizing model ?)

A discretionary bias to a trade.
Nothing Scientific---could be argued its nothing rational.

 

[tech/a]

Sorry out last night
3 new buys.
yesterday

 

[tech/a]

Charts of interest

 

[tech/a]

bought SXY .205

 

[tech/a]

Update

 

[tech/a]

Bought LSR .043

 

[tech/a]

One Buy
One stop adjustment
One Prospect

 

[tech/a]

2 Stopped will update tonight

 

[tech/a]

Update

 

[tech/a]

28/10 Charts of interest

 

[tech/a]

Quiet today

 

[tech/a]

October

Losses

BKT - $350
RMS - $250
TNR - $300
MOZ- $39

B/E Trades

NMT
RSG
RED (2)
DRM

Open Losses

RED (1) - $35
ARI - $263
SXY - $156
LSR - $39

Total losses $ $1432

Closed profits

SBM - $2437
LYC - $580
SBM - $25

Open Profit

TAM - $32
EGH - $200
AMA $675 / $225
ASL - $124
SMA - $232
SAR - $142


Total Profit October

$4702

Less Losses $1432

Profit $3270
Plus Carried over profit $3057
Total to date $6327

Or +21%

 

[tech/a]

OOps

Less Brokerage $144

Total Profit to the end of October
$6183

OR 20.6%

 

[tech/a]

One stop at B/E

 

[skc]

OR 20.6%

Most impressive. Especially your ability to create profit out of thin air.

Sept Clean up.

Total losses including brokerage $ 2987
Total Profit including open profit. $3618
Total profit as at 30/09 Past Profit $2420 + $631 = $3051

October
Total Profit October
$4702
Less Losses $1432
Profit $3270
Plus Carried over profit $3057
Total to date $6327

Or +21%

Your accountant seems to have taken the meaning of double entry accounting to a new height. In Sept he marked to market the open trades, and treated them as money in the bank. Then when you close the trade in Oct, they get counted again! Are you sure he didn't use to work for Enron?

OOps

And yes.... just in case you are wondering, your accountant did the same trick in the earlier months as well.

 

[tech/a]

Yes you are correct.

I'm done.

I don't have the time or inclination.
All the best to everyone.
Hope you all find financial freedom.

Ducks left the building for good.

 

[trainspotter]

Well that didn't end well at all.

 

[Craton]

Thanks your time anyway tech/a. Interesting to see the setups and outcomes. All the best mate.

 

[myrtie100]

Yes, thank you Tech/a.
This thread has taught me stacks and given me new ideas to explore.

 

[notting]

Ducks left the building for good.

Hey not so fast, it's only the beginning

http://www.afr.com/markets/equity-markets/eight-investment-partners-bets-fear-to-greed-switch-will-buoy-small-caps-20151027-gkjgaw

She's not fat and she sings -

Back to golf, I guess........