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Monday, March 30, 2009

posted on March 30th, 2009

Net Paper P&L: $0 (Break-even positive) Caught 0% of $1240

Activity Log

09:04:42 Ready to trade.
09:05:48 Should also monitor Gold 892.50, Crude Oil 50.00 and EUR/USD open position this morning.
09:08:05 AMZN slightly lower, AAPL down 2.50, MS down a full 1.00 pre-market.
09:34:08 Sideways across the board.
09:40:48 (AMZN) I misread the chart. The HOD was 70.75 not 70.94!
09:46:25 (AMZN) HOD, too late for me.
09:48:41 (MS) Break up from 23.00 was a sub-minute event, 22.75 and lowering now finally, too late for me.
09:52:17 AMZN retraced to b/e, AAPL close to 9:31 low, MS inching towards 9:31 low.
09:55:09 (AMZN) Back to HOD, ridiculous.
09:57:50 (AAPL) Starting triangle above 104.00. Note that 104/103.50 is also my swing trading short call. Best visible on 5min and soon 15min, good.
09:59:49 (AMZN) HOD
10:02:39 Stop trading.

Commentary

Big gaps which yielded no trends. Nearly made a $1500 mistake on MS by entering before 9:32:30. The only trade would've been AMZN long 70.80-71.42 net. The trend is wide, so for day trading that's all I'm calling and it's too late to try a swing trade.

Also, ICTS WinTrader doesn't draw a paler vertical line to mark day changes, which caused me to mistaken the HOD on AMZN as higher than it actually was. It allows drawing vertical lines, so that's what I'll have to use starting tomorrow.

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