I forgot to mention one thing in my last post about RMBS trade. After I shorted RMBS and it started spiking up and market was also going up dramatically, to hedge against my position in IB, I went long 400 shares of RMBS at 9.5 in my TOS a/c to hedge against my IB position. [...]
Feb 25th Update
February 25th, 2009 · 3 Comments · General
Co-relation Calculator 1.2 Available
October 19th, 2008 · 8 Comments · General
Looks like JV was still not happy with Co-Relation Calculator. He wanted a more detailed breakdown. Fine, here is the new Co-Relation Calculator, bigger and better. Major features are: 1. Not only it captures the percentage of movement direction (Green/Green, Red/Red, Green/Red, Red/Green), it also shows you the average % movement for both the tickers. [...]
Tags:co-relation calculator·dji·sfi
Screwed up. Completely.
October 8th, 2008 · 4 Comments · General
Well, today is my 4th trading day and I think I screwed up COMPLETELY. I was holding two stocks from last time. CSK – Not much movement. Opened at .20 closed at 0.15 Down by 16$. ABK – Here’s where I screwed up bigtime. My entry price is 3.68. ABK was hovering around 3$ with [...]
First Trading Day (aka realizing that trading is much harder than I thought)
October 3rd, 2008 · 4 Comments · General
Today was my first trading day. How well did I do? I think I completely messed it up. As I did the post yesterday, I was looking at ABK, AGM and LAB. ABK started strong. It quickly moved to 4.0. JV suggests not to trade right at Market Open but wait for some time and [...]