December 12th updates sales and buys

Another $51 in the Red for me yesterday because I got stopped out of AA and UA. I had a baby profit in each, but after that hard down push Monday and Commission, it put me down. I took a $11.94 on UA and a $39 loss on AA. Good news is that last Thursday when I got stopped out of CAT, I made 2 cents. Yippy!!

Yesterday I also bought QCOR. I also have an order in to purchase KOG.

JAN	FEB	MAR	APR	MAY	JUN	Sub-Total
$5.41	$698.41	$163.29	$248.52	$836.47	$0	$1455.06
JUL	AUG	SEP	OCT	NOV	DEC	Sub-Total	Total
$0	$198.50	$292.01	$0	$536.79	$50.92	$681.22	$2136.28

How to place a Trigger order in ThinkorSwim

I figured out how to place a Trigger order. What that means is once the 1st is filled, the second order is put into action. So I/You can place an order to buy a stock at a price and once that is done, they will place are stop loss order exactly as we want it. 

So here is how I did it, there might be an easier way, but this works. 

1. Create a buy order in ThinkorSwim by right clicking inside the daily chart and then select buy.

2. Edit order

3. Select the amount of shares you want, Set your price, the set order type as Stop. This means that they will buy at or above set price. Remember, they will always try to buy at the lowest price. I have seen it a few times and they do. You can leave the order time to DAY unless you want it Good til Cancelled, GTC.

4. Now the magic, first click the box where it says, Advance Order: Single Order, and change it to 1st trgs OCO

5. Now click the little blue dot to the left of your Stock order and click Create an Opposite Order.

6. Now change the selling price to below the pivot low, change the Day order to a GTC, "Good to Cancelled" order. 

7. Click Confirm and send.

That should be it.

C.Mark Dixon

I made 2 cents on CAT, Yeah!

Instead on me typing all this stuff twice, just click the charts and read the notes. These are all my buys for Monday and they could change based on what the Market does.

 

CAT

 

 

 

AAPL

 

 

 

KOG

 

 

 

QCOR

 

 

 

UA

 

 

As of December 12, 2011

Another $51 in the Red for me yesterday because I got stopped out of AA and UA. I had a baby profit in each, but after that hard down push Monday and Commission, it put me down. I took a $11.94 on UA and a $39 loss on AA. Good news is that last Thursday when I got stopped out of CAT, I made 2 cents. Yippy!!

Yesterday I also bought QCOR. I also have an order in to purchase KOG.

JAN	FEB	MAR	APR	MAY	JUN	Sub-Total
$5.41	$698.41	$163.29	$248.52	$836.47	$0	$1455.06
JUL	AUG	SEP	OCT	NOV	DEC	Sub-Total	Total
$0	$198.50	$292.01	$0	$536.79	$50.92	$681.22	$2136.28

My CAT adventures to date.

Never ever just buy a stock without at least sizing it up and using a type of plan for entry. I got a little lazy, saw the uptrend and just bought it.  As you can see with CAT, I just pulled the trigger(1), then set a stop loss to manage risk and I got bumped out(2). After that happened I purchased at point 3 off a pivot low and rode that until I got stopped out(4) because it violated the Pivot Low at (2). At least I had a plan and not just pulling the trigger. So once CAT created another pivot low and jumped back in again(5) and set my stop loss just below the last pivot. CAT is currently doing well but has hit resistance at $98 and if she can get through that, I might just have a nice little run to $112. That will be the next resistance level. I’m so tempting to move that stop loss order up to my cost, but for now I will wait. Current profit in CAT is 5.47%

I hate down markets.

It has been awhile since I have posted here, but I’m still trading. I have not made very many moves because of vacations and the down turn in the markets. I do not play the downside very well and so this time I bought 2 put options and I’m running with them. I sold my (1) VMW Oct 80 put Friday for $198.50 profit. My other Put option is ESRX Nov 45. Friday it crossed into the money and I like the action on this stock, so I decided to hold it over the weekend. VMW ? It just scared me a little and I sold it. Nothing wrong with taking a profit and it was a 27% profit.

Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	YTD 2011
$5.41	$698.41	$163.29	$248.52	$836.47	$0.00	$0.00	$198.50	$1256.47

Back from Vacation

Ok I left on vacation on May 12th and returned June 8th and I got cleaned out of my recent purchases. 4 losers and 2 winners and once again, my winners didn’t quite do the job, but I only lost $6 bucks. I do not like losing a dime, so this is still irritating to me. While on vacation, I learned from the past that I could focus on what needed to be done, so I did not trade while away. Monday June 12th I will be back in the mode and it looks like that mode will be buying puts or going short. The market is swing lower and I do not see it stopping anytime soon.

SFLY - ($51.42)
CSTR - $215.55
LO – $81.18
SHOO – ($99.23)
THOR – ($92.03)
V – ($60.33)

Profit – ($6.23)

 

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	$248.52	$836.47	$0.00	$1454.97

Stock	Entry	Price	Stop	Profit	% Gain
CSTR	$48.48	$54.23	$52.15	$356	12
LO	$108.60	$109.27	$107.55	$15	0
SFLY	$57.65	$58.29	$56.94	$27	1
SHOO	$54.94	$55.75	$53.30	$36	1
THOR	$33.89	$34.21	$32.80	$24	1
V	$80.35	$80.35	$79.05	$0	0
TOTAL	------------	-----------	----------	$458	---------