Monday, December 27, 2004

Weekend Update

I've been taking it easy this weekend. Not much tinkering with the systems. Hope to get back to the normal routine this week.

Daily System Updates

Current open system positions:
  • 1 QQQQ (BBLower) long with current profit of +0.45%;
  • 1 QQQQ (Tii100Low) long with current profit of +0.94%.

Weekly System Updates
Long system trigger for HAUP at Monday's market open. The system that generated these trades is the same system that generated CARN, EGHT, ZICA, VNWK, SPDE, and AATK trades the previous weeks. So, as you know, system caters to penny-type stocks with high volatility. Holding periods are mid-term in length. This system is one of my riskiest systems. I trade very little size with trades from this system because losses can be extreme.

Current open system positions:
  • 1 QQQQ (SimpleUp) long with current profit of +4.77%;
  • 1 QQQQ (TurtleTrader) long with current loss of -0.90%;
  • SPDE (PennyLag) long with current loss of -10.38%;
  • AATK (PennyLag) long with current loss of -17.46%;
  • VNWK (PennyLag) long with current loss of -1.16%;
  • EGHT (PennyLag) long with current loss of -9.20%;
  • ZICA (PennyLag) long with current profit of +45.08%;
  • CARN (PennyLag) long with current profit of +9.90%.
Please read the disclaimer on the website. This is not a recommendation to buy, sell, or trade securities. Just a journal of my travels through Wall Street. I can buy, sell, or hold any positions mentioned on this website at anytime. So, be warned.

1 comment:

muckdog said...

Hopefully the market just trends up for the next 5-7 trading days, and none of us have to look at any charts! (Just watch bowl games...)