Looks like my weeks are getting better. I’m not sure to what level this could be maintained. I only had two days of trading this week, but both were really good days ($6,132, $3,560). Of course a couple good days isn’t what a trader is actually made out of, it’s the long and continuous trading record. Which I will slowly put together.

I made money on the trade. There might be more room to run, but I’m not sure if I want to chance it. I’m not going to stick around at work today, it’s way too nice outside. Besides, somehow golf clubs got into the back of my car and it just feels stupid not to use them at this point. So as I write this post I’m watching the price of BIDU trying to get the extra pennies out.

Come on folks, this is a no brainer! Short BIDU, do it now. The market opened and BIDU found a way to go higher. I starte clicking my SHORT button as soon as it was in the $318’s but wasn’t that lucky, so I took what I could get, which included me using a market order. I almost never do market orders, its always limit orders.

No trades for me yesterday or today. I’m looking for chances to play a multidollar move in BIDU or GOOG or another stock, and when I don’t feel it, I’m not going to push it. That’s one of the problems I got into when starting this site, was pushing action. That only wound up costing me cash. I’m learning from my mistakes.

I grabbed BIDU before the bigger drop it had today. I got lucky that it didnt’ go back up and take out my stop, that would have bugged me (though I might have re-entered it if it had). I’m not going to move stops higher on shorts, but I will move them lower. BIDU might have more room below, but I’m not going to wait for it.

This should be a great day for my BIDU short game. So I decided to use all of my margin in order to take the greatest advantage. Of course, this means that my stop is even more important. I don’t know how the rest of the market will today, but I’m confident in BIDU dopping.

Unfortunately that subject applies to more than just stock market trading. (Sigh) So, I was watching FSLR and GOOG and BIDU, but didn’t have any sort of reactions to getting anything. I liked watching BIDU’s strength through the day, it lets me know that the next drop should be painful, something that I can make a few bucks a share upon.

This was a good week. I didn’t trade today because, well, I just didn’t feel it. I know that BIDU showed lots of promise of dropping, but the market was prepared for a drop and BIDU wasn’t going to lead the way. In fact, of the stocks I had a little watchful eye upon, there was an ugly amount of green. It was ugly because it wasn’t overwhelmingly positive.

I kept moving my stop down and eventually it hit. Looks like it pays to play this way.. for now. I could have make money on this by playing the reverse direction, but it wouldn’t have made money as quickly and my normal stop loss would have been hit before I saw green.

Alright, it’s pre-hours which isn’t usually when I act, but this morning I’m smelling cash. This should be easy cash, which is usually a bad thing for me to say (jinx?). The good news is that the market is looking negative, so going with the flow should be easier than fighting it. Well, that’s my pre-open trading thought.