Market Flogging

Trend trading in the stock market

Saturday, April 07, 2007

Update

I'm back! Work took over real life for a few months, but things are settling back down. I didn't totally abandon trading during this time, but I definitely slowed way down.

Here's what I currently own:

OI
DYN
CNW
AGU
ACLS
ARW
UBB
TER
DSTI

I bought OI on December 27, DYN on January 24 and the rest on April 4. Actually, DSTI was April 5. I bought a total of two ill-fated stocks on February 23 and nothing in March. That's it. OI and DYN are both up about 43% or so, and the others are too new to matter.

Here are my monthly results since November:

Decmeber -1.2% DJW5K +1.00%
January +4.38% DJW5K +1.63%
February +0.54% DJW5K -1.51%
March +0.85% DJW5K +0.96%

Since October 1, I'm averaging +1.88% per month. DJW5K is averaging 1.30%.

I cashed in my chips on the trading account. I quit the futures and started trading equity options with some success, but I got fed up with Interactive Brokers not working correctly and gave up on it. I could not update my conditional stop prices. The update just would not take. I tried on two different computers - home and work - but no dice. Support boy over there insisted it worked fine for him, which it probably did. Doesn't help me though. That whole site just drove me nuts though. It is a Java interface and it sucks. And then Java started crashing my computer because it doesn't play nice with spysweeper, etc. They do have a bunch of great products to trade and the price is right, but I'm no good at trading all that stuff anyway.

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