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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (6553)4/15/2000 9:44:00 AM
From: smchan  Read Replies (1) | Respond to of 39683
 
TC, those are great returns. I've got a little bit of money and margin in an inactive account, so I'd like to activate my money and get on this gravy train! :-)

Congratulations on your results. Very, very nice!

Sam



To: Dr. Stoxx who wrote (6553)4/19/2000 1:07:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
SCH UPDATE:

Opened 3/9/2000 trading 200 shares (50% margin) with a $5000 account.

Buy-and-hold purchase price: $44.5 per share

Update totals:

1. Long: 44.5 to 51 $1280 in 3 days
2. Short: 51.125 to 48.75 $455 in 2 days
3. Long: 48.8125 to 53.75 $967 in 3 days
4. Short: 53.625 to 54.25 ($145) in 2 days
5. Long: 54.3125 to 62.5 $1617 in 4 days
6. Short: 62.4375 to 60.188 $430 in 3 days
7. Long: 60.25 to 60.875 $105 in 2 days
8. Short: 60.88 to 59.56 $244 in 2 days
9. Long: 59.56 to 59 ($132) in 1 day
10. Short: 59 to 59.375 ($95) in 2 days
11. Long: 59.25 to 56.9 ($490) in 1 day
12. Short: 56.9 to 53.25 $710 in 2 days
13. Long: 53.31 to 56.88 $694 in 2 days
14. Short: 56.88 to 56.25 $106 in 2 days
15. Long: 56.25 to 55.88 ($94) in 2 days
16. Short: 55.75 to 41.25 $2880 in 4 days

NOTE: from trade 17 on, trade size = 400 shares

17. Long: 41.25 to 44.25 $1180 in 2 days
18. Short: 44.25 to (just entered today at 10:45)

Total Profit (closed trades only): $9712 (194% gain in about 6 weeks!)

Buy-and-hold Profit: breakeven!