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DayTrading Portfolio (For Jul 10th, Revised)

 
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PostPosted: Sat Jul 08, 2006 9:24 am    Post subject: DayTrading Portfolio (For Jul 10th, Revised) Reply with quote

Trades for Mon Jul 10th:

I plan to buy 5,000 shares of IMGN below 3.05 with a stop loss at 2.80. IMGN has $2 in cash and zero debt. EBAY is a high risk trade. However, if EBAY falls below 26.50, I may buy 1,000 shares with tight stop 0.50 below buying price. Completed trades at bottom of page.

Currently holding SMH to sell above 32.00 and KBH to sell above 46.50. The 1,000 shares of KBH were bought at an average price of 46.15 and the 1,000 shares of SMH were bought at 31.60. The KBH stop loss remains at 44.00 and the SMH stop loss is 31.00. If I sell SMH and KBH, on bounces, I'll buy back on pullbacks.

My portfolio is about $105,000, including over $25,000 in cash.

Shares Long

SMH 1,000
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); (Most Recent First)

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 +$1000 +$1,350
1:SPY 500 Short +$350 +$350
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