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Jul 15th DayTrading Portfolio (Trades for Mon)

 
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PostPosted: Sat Jul 15, 2006 11:00 am    Post subject: Jul 15th DayTrading Portfolio (Trades for Mon) Reply with quote

Jul 14th DayTrading Portfolio (Trades for Mon):

I plan to sell KBH or QQQQ on a bounce Mon, in case the market continues to fall short-term. However, EBAY has the potential to bounce several points on earnings Wed, and longer-term, the market may be at a higher level. Stop losses are set at low levels.

The 2,000 shares of QQQQ were bought at an average price of 37.00, the 2,000 shares of EBAY were bought at an average price of 26.45, and KBH was bought at 42.75. Stop losses are QQQQ 35.00, EBAY 24.50, and KBH 38.00.

My portfolio is over $95,000, including over negative $65,000 in cash.

Shares Long

QQQQ 2,000
EBAY 2,000
KBH 1,000

Shares Short

None

Portfolio at $100,000 on Jul 1st, 2006 This portfolio will start with $100,000 cash and $100,000 margin. Support and resistance levels will be noted. Buy and sell price targets, and stop losses will be set.

Trades; Shares; Gain or (Loss); Total Gain or (Loss)

15:QQQQ 1,000 Long +$500 +$3,450
14:IWM 1,000 Short +$500 +$2,950
13:MXIM 1,000 Long +$500 +$2,450
12:IMGN 5,000 Long +$500 +$1,950
11:KBH 1,000 Long (-$2,150) +$1,450
10:SMH 1,000 Long (-$600) +$3,600
9:IWM 1,000 Short +$300 +$4,200
8:SMH 1,000 Long +$500 +$3,900
7:SPY 400 Short +$200 +$3,400
6:SMH 1,000 Long +$450 +$3,200
5:KBH 500 Long +$300 +$2,750
4:KBH 1,000 Long +$200 +$2,450
3:KBH 1,000 Long +$900 +$2,250
2:IWM 1,000 Short +$1,000 +$1,350
1:SPY 500 Short +$350 +$350
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