Went to play in a 4-man scramble yesterday at Pleasant Valley. The other three guys that I played with are probably 30+ handicappers. I fuckin looked like a pro playing with them…hah. They’d never seen anyone hit their driver so money. Never seen anyone with a putting stroke so solid. It’s so funny because I think I still suck in golf, but I think that’s only because I play with single digit handicappers with one guy near scratch. I’m about a 14 handicap now. We ended the day at -2 with the winner coming in at -8. By next year, I will be a single digit…lock that up.
So, before I went to the golf tourney yesterday, I put in an order to sell all 100 shares of AMZN at $111.28. It triggered pretty early in the morning, so I’m out of all of my AMZN for about +$2.8k. I guess it’s a lot easier to make money when the market is going up? I feel like I’ve been on the sidelines a lot of this year, but I guess I’m really picking and choosing my spots a little more.
I tallied up my accounts and here are the results so far:
- +$5,381.71
- +$7,201.13
- +$1,027.60
- -$1,865.26
- -$126.56
Total is +$11,618.62 YTD. I think my biggest losing trade was that natural gas futures trade, which I made back from the natural gas ETF trade. My biggest winner was this AMZN trade that I just got out of. The year is not over yet though. I have a feeling that I’m not gonna get what I want from my current short positions, so I’m gonna keep a close eye on them and take profits when I get the opportunity to cash in.
Oh yeah, I added 200 shares of IBKR on Friday at $17. I’ll go all the way up to the thousand shares. Planning on holding for the “longer term” because I do think IB is one of the better discount brokerages out there.
Here’s a good read from an interview with Mark Zuckerberg:
Startup School: An Interview With Mark Zuckerberg
It’s nice to read about this guy who owns the largest social networking site on the planet, and how he got started. Like any business, he just did it…and Facebook is…well, Facebook, now…worth billions of dollars. That’s usually how businesses start. That’s how I started my business.
Waiting for UFC 104 to start. I think I’m gonna order it for $44.99. The card is not that great, but damn, I wanna watch the Lyoto fight….
11k. Very nice! Now based on following your blog now for a year or so, this is how you make your money right? Well stocks & poker, you don’t actually have a traditional 9to5 job?
↓ Quote | Posted October 26, 2009, 9:29 pmBoogster.com is where I make my money. Poker is just a hobby. Trading is where I try to grow my money.
↓ Quote | Posted October 26, 2009, 9:37 pmA great job. The more I trade, the more I think trading is probably not for me.
↓ Quote | Posted October 27, 2009, 11:23 amI think i came to that conclusion some time last year. The daily emotional roller coaster was what did it for me. Not to mention that it was just too time consuming for such little returns. It wasn’t worth it. To me, it wasn’t. Some people are built for patience…i am not one of them…thus, day trading is/was not for me…
↓ Quote | Posted October 27, 2009, 4:58 pmThat’s interesting you say that because I’m finding I don’t have the patience for the longer term trades, and I actually liked the short stints I’ve done of day trading — maybe it’s the instant gratificaiton or the rush which likely means I’m in it for the wrong reasons I don’t know.
Issue is, I have a day job so day trading the US markets doesn’t work so I have been demo trading F/X. But maybe you made the right move and day trading is for suckers, I just figure, regardless of the timeframe, it all comes down to discipline. If you can be disciplined and stick to your strategy (assuming it’s one which has a positive expectancy) then you can make some money. It’s when you break your own rules that things can get ugly!
So boogster.com does THAT well then eh? That’s sweet!
↓ Quote | Posted October 27, 2009, 11:48 pm