TPR

All posts tagged TPR

Trade Report 18 May 2018

Posted by BMoreTrader on May 18, 2018
Posted in: Trades. Tagged: , , , . Leave a Comment

Swing Trades

Three trades were framed for today, all channel system trades, so they were all filled at market open. Two stocks hit stop losses and were closed, removing three positions. Total return for the three: -.18R.

Current holding 20 open trades showing +2.14R.
Long: AA(2), CAT, CBOE, CSCO, DIS, EWI(2), GILD, HD, IR, KR, MSFT, PFE, SLB, STZ, WYNN(2), XME.
Short: SKT.

Day Trades

I missed the market open today, but was able to watch for a few select windows of time. The first trade went all the way to +1R, though I missed capturing that by just a couple of points. The other two times I exited when I needed to walk away from the screen. If the trades had been solidly in the green, I might have been willing to put in a trailing stop. Net results for 4 trades; +1.43R.

Reflections

Today seemed to be a back and forth sort of day. I feel fortunate to have caught one of the larger swings on my first trade. It was interesting to notice the possibility of closing trades before they developed as I had hoped. Fridays can sometimes lead to big moves, but this was a quiet one. Knowing the markets I perform worst in are the ones headed into sideways quiet, I was happy to be out of the market most of the time. Follow the process and let the results take care of themselves.

Trade Report 11 May 2018

Posted by BMoreTrader on May 13, 2018
Posted in: Trades. Tagged: , . Leave a Comment

Swing Trades

For today, I only entered orders to add a second position to TPR which was filled at market open. No other trades were framed, and no positions reached their stop loss or were otherwise exited.

This leaves me with 16 open positions showing +13.3R.
Long: AEM, BMY, CAT, GLD, INTC, IR, KR, OXY, PFE, PYPL, RIO, TPR(2), TWTR, UNH.
Short: none.

Day Trades

No day trades today due to other activities.

Reflections

I had expected a move up today, but had no time to watch the market so had to let my open positions be my participation. Even now, I have yet to flip through the charts to see what happened. I expect to find some time over the weekend to plot out some possible trading cenarios for the next week. It is possible that some of the current positions will merit adding 2nd positions for potential longer term swings, but it is also possible that as I tighten stops up, they will be exited. The great joy of being a private trader is that I can exit and enter without any obligation to be in the market at all times.