Friday, July 21, 2017

Thursday, June 1, 2017

#whisperoftheday6-1-17





Rules broken today.

1. Shorted WMT above all the uptrend lines.

Wednesday, May 24, 2017

CAN TRADING BE LINK TO THE SPIRIT REALM?


Over the last three months,  I have seen my trading results change dramatically. I attribute this to the fact that I was divinely guided to a new teacher. I have traded with relatively little success for over twenty years, but now things are changing. For the first time, I am following rules and better yet, understanding them.  Trading has become something that I am accountable for;  to Someone greater than myself.

In my daily reading of the Bible, I have come across many passages of Scripture that have leaped off the pages to punch me in the face.

Proverbs 13:18New King James Version (NKJV)

18 Poverty and shame will come to him who disdains correction,
But he who regards a rebuke will be honored.
Just this verse alone has changed my trading life. Every time I feel like pulling a stop, (something I use to be famous for,) I speak this verse over myself. I will dishonor Him if I do not stand firm to discipline.

Tonight I have felt an understanding why I cannot seem to trade with a better consistency and gains. I believe it goes all the way back to a generation before me that felt lack and poverty were a curse to be blessed with. I have lived under that curse since I can remember. Nothing has passed me by without a dollar value placed on it. Many times I would think "Where is that thought coming from? How can you be at this moment thinking about the cost of this blessing?"

It is hard for a person who is not gifted in the art of writing to express these thoughts. Tonight I shall go before the Lord and declare my guilt of this curse and present my case. I know through His Word just He, being a just judge, will declare me innocent of these curses placed over me. Curses have hindered my trading, and life in general. They need to be broken so that I may live out my destiny and bring glory to His Kingdom. After all, that is His will.

Hebrews 4:16New Living Translation (NLT)

16 So let us come boldly to the throne of our gracious God. There we will receive his mercy, and we will find grace to help us when we need it most.



To the few that visit this site for trading,  this my seem like a strange post. I will leave with one last thought that is written in Leviticus 26 about blessings and curses.


Leviticus 26:20New Living Translation (NLT)

20 All your work will be for nothing, for your land will yield no crops, and your trees will bear no fruit.

I am tired of being under the curse of 'Lack and Poverty.' Tonight my world become anew.

Believe in the power of prayer.

Tuesday, May 23, 2017

LENNAR CORPORATION SHORT TRADE PROFITABLE





This trade left a lot on the table. I was at work trading on the phone. Could not watch, so I pulled the plug for the cash.  I guess I'll be happy knowing my entry was good.


Friday, April 28, 2017

Saturday, April 15, 2017

Short Bank of America

 
 
I was targeting $22.53 as that was a prior big block trade.  Short at .79 out of trade @ .54.
 
See side bar for other trades.
 
 
 
 
 
 
My short in MRK would have worked, but stop hit and I did not open a second trade. It did go on to hit my target lower.
 
Trading with bigger size means sticking to small losses.
 
 
http://www.thestockwhisperer.com/Home
 
 

Wednesday, April 12, 2017

Wednesday, March 29, 2017

Bank of America Corp short trade

Bank of America Corp
(NYSE:BAC)
Yesterdays trade also on there.


STILL MOVING HIGHER.


Wednesday, March 22, 2017

NEW TRADING SIZE

Today I plan to trade a minimum size of 500 shares. I will be working on getting out with small losses from this point on.


0/3 Bank of America  (see side bar)  I need to use a smaller stop loss.

Tuesday, March 21, 2017

Today's Trading and results

Please see side bar for results.

They may be small gains for now on low shares, but the day is coming soon.






Monday, March 13, 2017

Today's Trades

Did great today! Only lost an AV of $14 per trade, That's a winner in my book.

Thursday, March 9, 2017

ArcelorMittal SA short - Marathon Oil Corp short - Starbucks Swing short

                                          *** See sidebar for trade results***
 
 
ArcelorMittal SA (MT)
 
Short trade open on break of .50
 
 
 
Stop hit
 
 
 
First trade stopped out  small loss.
 
Second entry on the break of .50. All three targets Hit.
 
 
 
I trade with the Stock Whisperer


http://www.thestockwhisperer.com/Home

http://www.thestockwhisperer.com/Home
 
Here's what following a great teacher can do. Learning to take small losses and educated entries/exits.
 
 
https://profit.ly/user/jaythetrader
 
I might not be Warren Buffet trading, but I'm trading correctly with small share size and rules
 
 
Starbucks (SBUX) Swing trade
 
Trade Closed, Both targets hit
 
 
 
 

Wednesday, March 8, 2017

Starbucks (SBUX) short trade

This trade was opened when I saw the news about lower market share.

Starbucks (SBUX)





I was alerted to this news while trading in the StockWhisperer live trading room.

http://www.thestockwhisperer.com/Home

Tuesday, February 28, 2017

Starbucks (SBUX) short - Vale SA (ADR) short - Bank of America (BAC) short

Happy Tuesday traders.

This mornings short trades where using entries of price level breaks. See sidebar for results,

 
Short entry opened on break of dollar level $57  First target reached at $56.81 and closed trade on pull back.  profitable trade.
 
 
 
 
Short entry on the break of .40 and Floor Pivot Point.
1st target hit at .26 closed on pull back. Profitable
 
 
 
Entry to early. should have saved a penny and closed sooner. Stop hit.
 
Loss
 
 
2/3 and still profitable. Keeping my losses small.
 
 
I learn and trade with the
 
http://www.thestockwhisperer.com/Home
 
 
 


Monday, February 27, 2017

Starbucks (SBUX) short - Freeport-McMoRan Inc (FCX) short - S&P Sel Finl Spir Fd (XLF) short

This mornings trades.

See side bar for results.

I waited for the whole number break of $57 and shorted 300 at $56.98
Two of three price targets hit. Last 1/3 I was away from the desk and placed a close stop.





Tried to catch a turn at the 1/2 dollar level. Opened short at .48
stop hit. small loss



                                                            Freeport-McMoRan Inc
Again tried to catch the fall though of the 1/2 dollar level. I did not keep my stop close enough.

 My stop should have been .52 at the most.


This last trade was an example of holding on to old unprofitable ways.
Bad Trade!


I trade with and follow the

http://www.thestockwhisperer.com/Home





Friday, February 24, 2017

JCP SHORT BAC SHORT AKS SHORT and the whisperoftheday2-24-17



J C Penney Company Inc (JCP)  Short call out in the room <$6.80
See side bar for trades

Trade Closed


 
 
 
Closed as she wasn't moving
See side bar
 
 
 
closed TO LATE should have been out at .21
 
 
I started out this trade not following the rules. I felt it in my gut and tried to make the best of a bad entry. I should have been out at $24.21
 
Still a profitable day and a good trading week.
 
 
 
 

Thursday, February 23, 2017

#whisperoftheday2-23-17 CNH Industrial NV





Short $CHNI  CNH Industrial NV  @$9.35 as posted below .36  Target $9.26
Target hit.



SHORT $BAC Bank of America Corp  (NYSE:BAC)

@24.78 covered at $24.63



Took small profit at .92 at 5 min chart 200SMA and closed trade on pull back.
Profitable


small profit but I did not let her run against me a 2nd time. Overall not a good trade since I hung in there the first big pull back, won't happen again.

Thursday, February 16, 2017

Thursday Morning Trading Wells Fargo & Co

One of this mornings call out in the Java Pit was Wells Fargo & Co (WFC) short.

Anatomy of the trade.

  1. Stock below 5 min 200MA (so I looked to short)
  2. Waited with a stop limit short order at 58.19/58.18 (.20 3rd strongest price level)
  3. Trade opened and posted my BTC order at 58.02 (.00 strongest price level)
  4. Profitable trade
 
 
 
2ND GO AT WFC
Perfect entry - Great targets.
Profitable trade
 
 
 
Now a look at NOT following the RULES
Feb 14
trade
 
Advanced Micro Devices, Inc.(AMD) I had a standing order to short at .19 never hit.
So I started to trade between levels and covered for losses twice.
 
Had I waited for AMD to come up to the .50 level as taught, and shorted at .48/.49 I would have entered correctly and hit my profit targets below.