I trade full-time while simultaneously working full-time. I provide commentary detailing the pitfalls and profits that come while fulfilling the responsibilities of a senior management position and trading at the same time.
Sunday, December 16, 2007
Year-End Contest
I'm sponsoring a year-end contest. Check it out here: Year-End Contest: Guess the Close
Wednesday, December 5, 2007
Bullish ADP Employment Report
Read it here.
ADP Employment Report
Seriously, do yourself a favor and at least scan the first page. The bulls really have something to sink their teeth into.
I am still waiting to see resistance pushed through before considering long positions again.
ADP Employment Report
Seriously, do yourself a favor and at least scan the first page. The bulls really have something to sink their teeth into.
I am still waiting to see resistance pushed through before considering long positions again.
Saturday, December 1, 2007
My New Blog
In case I did not make it obvious enough previously, let me highlight my new blog, which I hope you'll check out over at i Bank Coin.
While I have not updated Trade While Working recently, I have not forgotten this blog. While it is not likely that I'll continue posting a lot of charts here, as that would be double duty, I will continue to post about my trading psychology, some testing of strategies, and what I am trading.
As what I believe is a sellable bounce has progressed, I have bought 6 Jan. expiry puts on the Qs and 2 on the SPY. I also rode AAPL long for over 10 points, but sold it Friday.
Other than that, over the past 2 weeks I've been an observer for the most part, and that has been very rejuvenating for my trading. I'm feeling my confidence return, and I've been able to work on some new strategies and get re-focused. I've accepted the reality that this year will likely be my first to not have double-digit gains. In fact, it would be nice to just do better than break even. Regardless of what I wanted to achieve this year, if I had not taken a break from trading, I would probably be looking at a negative return year over year. I'm not going to revenge trade through the last month of the year, trying to undo 11 months of mistakes.
While I have not updated Trade While Working recently, I have not forgotten this blog. While it is not likely that I'll continue posting a lot of charts here, as that would be double duty, I will continue to post about my trading psychology, some testing of strategies, and what I am trading.
As what I believe is a sellable bounce has progressed, I have bought 6 Jan. expiry puts on the Qs and 2 on the SPY. I also rode AAPL long for over 10 points, but sold it Friday.
Other than that, over the past 2 weeks I've been an observer for the most part, and that has been very rejuvenating for my trading. I'm feeling my confidence return, and I've been able to work on some new strategies and get re-focused. I've accepted the reality that this year will likely be my first to not have double-digit gains. In fact, it would be nice to just do better than break even. Regardless of what I wanted to achieve this year, if I had not taken a break from trading, I would probably be looking at a negative return year over year. I'm not going to revenge trade through the last month of the year, trying to undo 11 months of mistakes.