Boogster’s Blog

Something was telling me not to reshort. I’m gonna take my money and end the day on a good note. Time to go sign some papers and receive big a check.

Not sure if I was gambling or if it was a calculated risk, but I shorted 1 contract at 13875 and covered at 13806. The initial move is almost always the right one. I just waited for the first retracement after the initial move. I may reshort soon…as we should tank into the close…

I gotta wrap up a few things here. Don’t think that I’ll be doing much of anything today, trading related. I’ll be watching the action, but that’s about it. I may play the fed announcement, but I’ve been saying that for the past year and I haven’t been able to get myself to jump in. [...]

I’ve just been kinda playing around for the past few days because I haven’t found any setups that I like. Up a few hundred, down a few hundred…typical of days in which I’m taking setups on a smaller time frame. Also, I’ve been trying to get everything squared away with my condos. I’ll be back [...]

Well, not yet, but this sounds very promising… Barry Greenstein: Fully Available Online Poker to Return “We met with politicians and I can tell people that I am very confident that online poker is going to be back strong, legal; use credit cards, bank accounts, it would really shock me if it wasn’t within the [...]

Time to get back to business here. There’s a bunch of economic news coming out this week which will most definitely move the markets in one direction or another. Starting with the Consumer Confidence at 10am this morning. Then, we have the GDP at 8:30am and the FOMC announcement at 2:15pm tomorrow. Every market and [...]

I got stopped out of my one short contract at 13911. That’s about it. The action was pretty boring for the most part. I wasn’t even here for most of the day. Grandma is in the hospital again. I went to visit her for most of the day. All I gotta say is that she’s [...]

I am short 1 YM contract here at 13876. I have my stop above the 10am high at 13910. Target is 20 ticks above the 38.2% retracement at 13737. Last week, the volatility ate me up. It wasn’t that I was wrong on my trades, but I just got stopped out before my trades had [...]

Blah.

I’ve been wrong every single day this week. I had to stop trading because I felt beaten. This morning, the TRIN was in no-short territory, so I went long, but we kept going down…and down…and down. Finally, around noon, we bottomed. Unfortunately, I got stopped out right before we bottomed. Dagger. To add insult to [...]

The TRIN is in no-short territory this morning, so there’s really only one thing to do, which is to go long and wait. The TRIN has been below 0.80 for most of the morning. It’s at 0.69 now. Seeing how volatile the market has been over the past few days, I’m only going to play [...]

Two days in a row now, the markets rallied into the close. It’s throwing me for a loop. I’m not quite sure what to expect from here on out. I guess one thing that I know for sure is that we’re gonna go back down to retest those lows. How long it takes is the [...]

From +$1200 to +$193.42. Next time, I take first profits at +20 ticks, unless I am only trading 1 contract. 2nd target is +50 ticks.

You know, when I make money, I get bitter because I should’ve gotten more, and when I lose money, I get bitter because well, I’ve lost money. There’s just no winning in this game. Not only that, but the money that I’ve made from trading could easily have been made in 1% of the time [...]