SLAB, AMTD

All my sentiment indicators this morning showed red as the market opened lower and remained there for most of the day. So I took two shorts: SLAB which took my stop out for -1R before heading south and AMTD which closed end of day for +2.6R so end result for today is +1.6R.

Long Term List for Monday, April 24

XLE: SELECT SECTOR SPDR FUND - ENERGY SELECT SECTOR

Outlook: Long Industry: Indices ETFs - Industry Sector
(tags: ETFPortfolio2)

GLD: STREETTRACKS GOLD TRUST

Outlook: Long Industry: Indices ETFs - Broad Based
(tags: ETFPortfolio2)

MDY: MIDCAP SPDR TRUST SERIES I

Outlook: Long Industry: Indices ETFs - Broad Based
(tags: ETFPortfolio2)

FXI: ISHARES TRUST FTSE-XINHUA CHINA 25 INDEX FUND

Outlook: Long Industry: Indices ETFs - International
(tags: ETFPortfolio2)

EWY: ISHARES MSCI SOUTH KOREA […]

Gmail

Remember when Google started operating Gmail? It had 1Gb space which was revolutionary in the market and everyone went woah.. This increased space has also led to changing of people’s habits with regards to email, and particularily web-based email. Before Gmail I would never have thought of seeing a message such as this:

Since June 2004, […]

My Drawdown

I’m always looking to better understand my system and the results it produces. I have taken a total of 94 trades this year (every single one is recorded on this blog btw) and with the kind help of a number of smart readers I now have details of my drawdown todate. If you’re interested, here […]

Excel help needed (again..)

Hey Excel gurus.. I’m looking at adding a calculation of drawdown to my spreadsheet. I have columns of both individual trade results as well as a column for cumulative P&L but I have no idea how to build a formula which looks at the largest drawdown drop. I may also get the Excel Bible book […]

SWIR

Not too many candidates on my radar this morning. I went long just one stock SWIR which closed end of day for a modest +1.2R. Overall it was a good week.