Bently Continental Supersport
3 hours ago
Wednesday, November 4, 2009
Tuesday, November 3, 2009
Watchlist for 11/4/2009
Today I traded CXPO from yesterday's watchlist. I shorted a small position at 7.60 and 7.61 because it was so illiquid. It traded sideways for a long time. I broke my trading rules and I jumped out when I saw the ask hit 7.90 in the afternoon. I got out at 7.65 for a tiny loss. However, right after I got out, CXPO fell to 7.30 and closed at 7.25. That's what happens when you exit on emotion rather than waiting for an exit signal or for your stop to get hit.
Not much on the watchlist for tomorrow....only REV. It's had a multi-day run due to earnings, but it's looking over-extended.
Not much on the watchlist for tomorrow....only REV. It's had a multi-day run due to earnings, but it's looking over-extended.
Monday, November 2, 2009
Saturday, October 31, 2009
Updating Covestor again
For a while I stopped updating my Covestor account because it just got too tedious. With all the trades I was doing with Cy Group, it was a pain manually entering my trades each day (Covestor can't autoupdate with Cy Group).
I've decided to start keeping my Covestor account up to date again, but it will only include performance in my Interactive Brokers account. Since I only do about 3 trades per week in this account, it will be much easier keeping things up to date. Once again you will see this widget over on the side of my blog.
I still keep track of my trade performance in Cy Group using TradePerformance. I will occasionally write posts showing the TradePerformance data.
I've decided to start keeping my Covestor account up to date again, but it will only include performance in my Interactive Brokers account. Since I only do about 3 trades per week in this account, it will be much easier keeping things up to date. Once again you will see this widget over on the side of my blog.
I still keep track of my trade performance in Cy Group using TradePerformance. I will occasionally write posts showing the TradePerformance data.
Friday, October 30, 2009
How to Make 20% on One Trade
Yesterday I had the pump and dump NXTH on my short watchlist. Luckily Interactive Brokers had borrows this morning, so I grabbed some at the open. The borrows were gone not too long after that.
I shorted at 2.40. It hung around 2.42 - 2.43 for a while, then the dump came. I covered half at 2, and waited to see if it would fall further. When it didn't, I covered the rest at 2.05 for a nearly 19% profit.
I shorted at 2.40. It hung around 2.42 - 2.43 for a while, then the dump came. I covered half at 2, and waited to see if it would fall further. When it didn't, I covered the rest at 2.05 for a nearly 19% profit.
Thursday, October 29, 2009
OT: Mac vs PC Wars....Who Cares?
With the release of Windows 7, the Mac vs. PC Wars are in full force.
Now, I'm not talking about the market competition between Microsoft and Apple. I'm talking about the war of words between the users of their products.
For example, go on any Windows 7 review board and you'll see Mac users jumping into the discussion and talking trash about the product, Microsoft, and PC's in general.
Listening to people argue over whether Macs or PC's are better is like listening to Democrats argue with Republicans.
My response to all this commotion.....
WHO CARES!!!!?????!!!!!
Seriously, why should a PC user care if someone else likes Macs? And why should a Mac user care if someone else likes PC's?
You don't like Windows? Fine....DON'T USE IT.
You hate Macs? Fine....DON'T BUY ONE.
The amount of energy people put into these arguments is ridiculous. Just use what you like to use, and let other people use what they like to use. There's enough room in the computer world for both.
Each type of system has its unique advantages. PC's hold a much bigger market share, and thus have a huge variety of software available to them. They are typically cheaper because of the immense competition between various manufacturers. The open architecture design has opened a world of various types of PC's with thousands and thousands of possible hardware combinations. The downside of this is trying to get an operating system that can handle these tens of thousands of hardware combinations....hence why there will always be some type of problem with every new version of Windows that comes out, because no software manufacturer could possibly be able to test their software on every single potential hardware combination.
Apples are typically more expensive because they have a closed, proprietary architecture. This also limits the upgrade options. However, this is also an advantage because there are not thousands of potential hardware combinations, so the difficulties that sometimes come with PC's don't happen nearly as much on Macs. Because Apple doesn't have nearly as much of a market share, they are not the target of virus writers and thus viruses and other forms of malware aren't as much of a problem.
The fact is, both types of systems have their advantages and disadvantages. Use what fits your style, preference, and budget. Who cares what anyone else uses?
Now, I'm not talking about the market competition between Microsoft and Apple. I'm talking about the war of words between the users of their products.
For example, go on any Windows 7 review board and you'll see Mac users jumping into the discussion and talking trash about the product, Microsoft, and PC's in general.
Listening to people argue over whether Macs or PC's are better is like listening to Democrats argue with Republicans.
My response to all this commotion.....
WHO CARES!!!!?????!!!!!
Seriously, why should a PC user care if someone else likes Macs? And why should a Mac user care if someone else likes PC's?
You don't like Windows? Fine....DON'T USE IT.
You hate Macs? Fine....DON'T BUY ONE.
The amount of energy people put into these arguments is ridiculous. Just use what you like to use, and let other people use what they like to use. There's enough room in the computer world for both.
Each type of system has its unique advantages. PC's hold a much bigger market share, and thus have a huge variety of software available to them. They are typically cheaper because of the immense competition between various manufacturers. The open architecture design has opened a world of various types of PC's with thousands and thousands of possible hardware combinations. The downside of this is trying to get an operating system that can handle these tens of thousands of hardware combinations....hence why there will always be some type of problem with every new version of Windows that comes out, because no software manufacturer could possibly be able to test their software on every single potential hardware combination.
Apples are typically more expensive because they have a closed, proprietary architecture. This also limits the upgrade options. However, this is also an advantage because there are not thousands of potential hardware combinations, so the difficulties that sometimes come with PC's don't happen nearly as much on Macs. Because Apple doesn't have nearly as much of a market share, they are not the target of virus writers and thus viruses and other forms of malware aren't as much of a problem.
The fact is, both types of systems have their advantages and disadvantages. Use what fits your style, preference, and budget. Who cares what anyone else uses?
Watchlist for Friday October 30th
NXTH is the only one on my short watchlist. Good luck finding borrows, though.
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