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.

13 comments:

JackE said...

It is sad that you will stop updating your positions and turn into a pundit on the other site without showing your trades. At lease update your trade widget as most that read the blog probably did for that reason. Looking at technical analysis is objective at best.

Woodshedder said...

Ouch Jack, you know how to hit me where it hurts.

I will continue to update my positions. The only changes were closing out the GES and EMN shorts. I've kept my MVIS. I bought APPL at 171 and sold @ 181.

Other than that, Stockalicious will not let me record option trades. I'll have to talk to them and see if they can upgrade their site to allow recording of such.

Honestly, I'm surprised that anyone wanted to see what I was trading as I have not done well this year.

I appreciate your feedback.

Jack E said...

Did not mean to be harsh. I still read your other site btw.

mdawsz said...

This was my favorite blog written on parchment paper.

mdawsz said...

I didn't get any BRKR man, frickin zero.

mdawsz said...

wood, have you considered that you might have more readership at your own blog? There doesn't seem to be much activity at the new site. I think most people just bookmark his blog thread and then fuck off. What say you? There just isn't the same volume of comments?

CresceNet said...

Oi, achei seu blog pelo google está bem interessante gostei desse post. Gostaria de falar sobre o CresceNet. O CresceNet é um provedor de internet discada que remunera seus usuários pelo tempo conectado. Exatamente isso que você leu, estão pagando para você conectar. O provedor paga 20 centavos por hora de conexão discada com ligação local para mais de 2100 cidades do Brasil. O CresceNet tem um acelerador de conexão, que deixa sua conexão até 10 vezes mais rápida. Quem utiliza banda larga pode lucrar também, basta se cadastrar no CresceNet e quando for dormir conectar por discada, é possível pagar a ADSL só com o dinheiro da discada. Nos horários de minuto único o gasto com telefone é mínimo e a remuneração do CresceNet generosa. Se você quiser linkar o Cresce.Net(www.provedorcrescenet.com) no seu blog eu ficaria agradecido, até mais e sucesso. If is possible add the CresceNet(www.provedorcrescenet.com) in your blogroll, I thank. Good bye friend.

JakeGint said...

Whatdoo heck?

Hey, Fly's blog is down... party at Shed's place!

Shed, what to do with GES tomally...

I'm tempted to short it twice!

barb michelen said...

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Brian T said...

Hey, great online trading site here.

B

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Anonymous said...

Excellent blog and what a great idea to trade whilst working.

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