Showing posts with label Watchlist. Show all posts
Showing posts with label Watchlist. Show all posts

Friday, October 23, 2009

Trades (DXD & DIG) 10/23 (Fri), My Watchlist & Profit Target Table

On D's advice, I let go of half of my DIG holding at yesterday's high 2 hours before market opened (I had wanted to either release ALL or not do anything until market opened). For remaining half, I had moved stop to level indicated on chart below, which was hit when market started plunging.

DIG 133- Ticks
After market opened, I thought of buying Ultra Short S&P again initially, but thought DOW would be a better gauge for now. So I bought the Ultra Short Dow instead. Was watching DOW more than I was watching DXD the whole time and each time DOW broke new low, I would defer covering, until DOW hit new low for the 3rd time.

DXD (Utra Short Dow) 133-Ticks

PnL (Net): +USD 131.25

It's not a lot. But it's been EXTREMELY stress-free. D thought I would buy at least 200 shares of DXD. I didn't coz I've never touched DXD before, and really, this is only the 6th day that I've traded non-leveraged products for my own account. I'm not used to paying for things in full yet. Ha Ha.

D is the best. He created this (all formulas configured so all I need to do is to fill in my actual results, and change the targets as and when I feel I'm ready) for me so I can take a look at it everyday while I record my daily results (starting Nov 1 2009), and be really motivated to TAKE IT SLOW:


Updated List of instruments & tickers I'm watching now:

Futures

ETFs

ETFs (Ultra Shorts & other Bear Market ETFs)

Forex