There was a time when I was a successful trader. I made successful trades, predicted with some accuracy the direction of a stock, and made a decent profit. That was in another lifetime though, before wild fits controlled the market and stocks.

The market has been down a lot.  Is this a trend?  I don’t want to fight any trend, so I’m not ready to pick up calls yet, but I’m really prepared for it.  I’ve been waiting to buy calls in a few high dollar stocks, just looking to make a scalping-type profit.

It’s looking like a good put (or shorting) opportunity today.  I’m watching some of my favorites and like where I might get a chance to enter.

FSLR is up pre-hours.  This will be a great short or put buying chance.  I’ll probably look at buying a ITM (in the money) put on FSLR if it’s up when the market starts.

The market dropped yesterday.  Fed cut 25 points, apparently the traders thought that it wasn’t enough.  Traders are a wild bunch, so watching the action was almost as much fun as watching my AAPL position gain $625 profit.  I didn’t close my position, yet, though.

My limit order didn’t fill so I missed out on getting BIDU puts.  So no trades for me today.  I’ll just have to wait for a new opportunity to come along.

Today ended pretty much how I thought it would.  Well, obviously BIDU didn’t finish over $400, but I only meant that if it did finish over $400, that would be a psychological thing.  Anyway, nice move by the Fed to only cut rates 25 points.  Thanks Bern, you helped my puts.

The Fed will be talking today, giving their decision on if they will lower the key interest rate at this time.  There’s a lot of talk and guessing going into this subject.  I know the answer because I have a glass ball (not a cancer-replacement, I mean something for looking into the future).  The answer is the Fed will …

I didn’t make any trades today.  I wanted to trade, the working world just found a way to interrupt with that.  I actually didn’t have my usual stock screening today either, it’s a shame.  My “work” computer was used for work today, instead of my personal stock tracking.  Shame.

Today didn’t necessary go my way, but it wasn’t as bad as yesterday.  Instead of holding BIDU for more of a loss, I sold yesterday.  That act saved me like $400, which isn’t a whole lot usually in the trading world, but when you are racing for profits, it means a lot.

I enjoy using Yahoo! finance.  Well, I don’t really “enjoy” it, but I do use it.  In fact, I use it daily.  Though I use a lot of good charting programs and have streaming news (DJI), I still visit Yahoo! finance for checking things like their charts and news and of course the message boards.