NRG Trading

[nomore4s]

NUF stopped out @ $11.85.

Off to a good start

 

[nomore4s]

Missed a couple of good opps today as I got busy at work and couldn't enter the orders before the open.

 

[nomore4s]

AMP triggered today, looks like a fizzer though and will probably exit it later today.

AMP @ $5.06 x 1850 w/stop @ $4.91 T - $5.45ish

 

[nomore4s]

AMP stopped out at $4.91

 

[nomore4s]

Short IRE x 750 @ $7.112 (ave) w/stop @ $7.41

 

[nomore4s]

IRE stopped out @ $7.42

 

[nomore4s]

IFL stopped out @ $3.7301333 ave

 

[nomore4s]

CPU stopped out @ $8.75

BBG @ $7.95 x 1000 w/stop @ $7.63
NUF @ $11.91 x 350 w/stop @ $11.21
TTS @ $2.52 x 2000 w/stop @ $2.40

 

[nomore4s]

Results & Open trades for this portfolio as of 29/05/09.

Hasn't been the best start, I think I have to be more selective in my trades for this portfolio, as I think I might have been a bit keen to kick it off.

All prices on the open trades sheet are average prices that include brokerage.

 

[nomore4s]

BBG exited @ $7.87
TTS exited @ $2.42075 average

lol, this portfolio sux. Told you I would hit 10 losers in a row.

 

[nomore4s]

NUF stopped out @ $12.05

 

[nomore4s]

Due to a number of reasons I will be winding up this portfolio as the current open trades are closed.

I will be starting another list of live trades but will be running my income portfolio as it is, I will be starting a med/long term trend trading portfolio using a more mechanical approach and will still be doing my swing type trading but using a slightly different strategy that I'm currently working on.

I won't start either portfolio till I'm back from all my travel commitments towards the end of Sept.

 

[nomore4s]

Final NRG results as all trades except SSM have been closed but to finalise the results I have used todays closing price for SSM as the exit price.

First trade was taken on 25/09/08 but I didn't trade between 30/09/08 - 21/11/08 and final trade was taken on 14/07/09 and obviously the last open trade was closed on 01/09/09.
So the results are pretty strong considering it was only about 8 months of actual trading and I haven't entered a trade for this portfolio since the 14/07/09 and the market conditions have obviously been favourable during that time. I have been trading but just not live on the blog.

Another drag on this account has been the fees, over $5k, I have addressed this by now trading with IB and getting $6 each way instead of $20.

 

[Sean K]

Nice. If this sort of result is compounded over time could turn in to some serious money! Good work.