• Covered 1,500 BIDU @ $216, GOOG 500 @ $342, profit $10,135

  I’m finished. Covered my positions and figured that I should get to work and take care of my job just in case the market doesn’t continue to deliver profits to me (you never know!). The more I trade the more I imagine having the life of a full-time trader.

  10/8/2008 9:29 am

• Short 500 GOOG @ $345

  GOOG is able to fall a little from where it is. Just like everything else in this market. The crazy action does have me unsure of where things are going so I’ll put a tight stop, maybe a buck or two above my entry. This might not guarantee me flexibility in the direction (I have problems predicting when the stock is moving only in the direction I want).

  10/8/2008 9:01 am

• Short 1,500 BIDU @ $222

  This is a crazy market and chances are that I’m making the wrong choice in going short, but with BIDU previously up to $228 and now at $222, it seems like a good chance for me to take it for a ride downward. I’m not going to be greedy today, this will only be about making a few dollars per share and escaping while the escaping is smart.

  10/8/2008 8:43 am

• Covered 500 BIDU @ $217, profit $4,980

  Looks like my BIDU profit was hit before the stop loss. That makes me a winner for today! There were most likely many losers on the day and though I feel bad for anyone that lost money today, if you did what I did, you would have made money. Watch me, I might be a retard but I know how to make a profit. Now with the market ending like it did, tomorrow I’m going to…

  10/7/2008 2:18 pm

• Short 500 BIDU @ $226

  I’m on the wrong side of a deal, but didn’t set my stop at a regular level this time. I’m going to let the race determine when I make a profit of loss. The sway is $10 in either direction. So I shorted BIDU at $226.69 and my stop loss is $236.6 and my pofit taking is set for $216.69. This is just a way to gamble, it’s not based on anything else. I’m playing with the house’s money in my mind…

  10/7/2008 6:25 am

• I’m watching but not acting

  I figure that everyone that would read this blog would read a lot more intelligent areas for news, so I didn’t see the need to write stuff like the market is under pressure from the bail out crap. I’m watching BIDU come down from a higher amount. Same with lots of other stocks that I am watching. What are you watching?

  10/3/2008 11:53 am

• Covered 2,200 BIDU @ $235, profit $26,026

  The bottom isn’t in yet, but I’ve made enough on this deal to be quite content and will just pull back and enjoy the victories as they come. I thought about covering a percentage of the position and then covering more later, but that never seems to work out for me. Besides, I just made $26,026 and need to get back to my full-time job…

  10/2/2008 12:02 pm

• Short 2,200 BIDU @ $247

  Alright, jump on now while you can. Or not. I’m gambling over a HALF MILLION DOLLARS on this trade. I just wanted to get into this position as soon as I could. I’m using the majority of my account (with 4:1 margin!) in order to short this many shares. It’s really not a smart move because the weakness isn’t showing in the market or in BIDU, but I just wanted to play a crazy game of trading and sort of pushed this trade.

  10/2/2008 8:02 am

• Sold 1,500 BIDU @ $246, profit $11,745

  I’m not seeing the climb that I thought I would and actually think that BIDU could wind up turning in on itself and imploding (well, just dropping past my entry point). Even though I do think the market has upward potential today and beyond, I’m not seeing that potential in BIDU so I’m closing my position with some profits and letting time go by.

  09/30/2008 9:12 am

• Long 1,500 BIDU @ $238

  More later…
  Buy 1,500 BIDU @ $238.25
  TIGHT STOP!

  09/30/2008 6:13 am

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