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where investors and traders exchange ideas to "make money" and "save money"
2010 POLL!!!! Please vote
Covestor Portfolio Tracking
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POLL: What do you trade?
About Me
- Tim West
- Westport, CT, United States
- Come to the group to meet other traders and investors, find ideas, share ideas and make money.
Contests every month for "best trading idea"
Each month there is a prize for picking the best trading idea. All the ideas are posted here for all members & guests to see. The best idea wins the $$$ prize. $2 prize pool per person. $2 additional if you'd like a 2nd guess. Currently no guess limit.
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Rules: Divide price change by average price change over 10 days.
Example: Two bullish market forecasts in DJIA and SILVER. The DJIA moved up 3% divided by a 1% avg range = "3". SILVER moved up 3% divided by a 3% avg range ="1". The DJIA wins with a 3 range rally.
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Rules: Divide price change by average price change over 10 days.
Example: Two bullish market forecasts in DJIA and SILVER. The DJIA moved up 3% divided by a 1% avg range = "3". SILVER moved up 3% divided by a 3% avg range ="1". The DJIA wins with a 3 range rally.
5 comments:
From: Chris Chessari [mailto:chris.chessari@gmail.com]
Sent: Thursday, September 04, 2008 3:31 PM
To: Timothy West
Subject: E-mini exits
Hi Tim,
For the remaining half of my e-mini position (as we covered 1/2 today at 1241) I would like to bracket the exits. Cover at 1206 or the entry price.
Thanks,
Chris Chessari
posted by me 3:52PM Thursday
From: Timothy West [mailto:twest@compocapital.com]
Sent: Friday, September 05, 2008 8:45 AM
To: 'Chris Chessari'
Subject: RE: Position change
Hi Chris,
I’ll post this to the site.
Clearly, this is a more advanced way to run the contest, but I’ll go with it especially because you are ahead on your position.
1223 ask right now…
Tim
From: Chris Chessari [mailto:chris.chessari@gmail.com]
Sent: Friday, September 05, 2008 6:30 AM
To: Timothy West
Subject: Position change
Tim,
At 6:31 am the ES Ask is 1229.25. Cover remaining 1/2 of position.
Now, I wish to go long with a Buy Stop Order at 1238.75. Stop loss for this position is 1221.75.
Many thanks,
Chris
From: Chris Chessari [mailto:chris.chessari@gmail.com]
Sent: Sunday, September 07, 2008 6:02 PM
To: Timothy West
Subject: ES
Tim,
I'm keeping you busy......sell 1/2 my ES position as previously noted.
At 6:03 PM Sunday. Ask is at 1272.
Thanks,
Chris
-----Original Message-----
From: Robert Gifford [mailto:bobg@vbrick.com]
Sent: Monday, September 08, 2008 12:02 PM
To: Tim West
Subject: RE: WESTPORT TRADERS NETWORK - Meeting Announcement
Just sold 650 HD @ 30.01 - Please close out my position on the proxy account - thanks Bob
The portfolio CLOSED on the proposed meeting data Sep 17.
That way I cannot impose my own will on the portfolio. We hold the positions until the following meeting, period. If we roll-over the positions, then fine, we re-establish them. The portfolio was up $22,294 dollars using capital of $210,568 to finance positions with an overall value of $2,4 million. A 1% return on "assets" or a 10% return on "equity". Not bad for 1 month. 10:51PM Sunday 9/21/2008
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