Recent content by Robert Weinstein

Once again a slow Monday. I did have a few trades but nothing that really ran hard. I did a lot of shares with AMRN and faded the gap higher. This would be a good example of how being with a cheaper broker would really matter. I had plenty of buying power left and used very little leverage when...

I was done trading in under four minutes today so not much to say. The only eventful event was once again when I tried to cover the puts I bought during the close of Wednesday for CRM I was unable to execute my trades. The bids where there and the exchange picked was “smart” but due to another...

Made a mistake and paid for it. The oil numbers came out and the inventory build was greater than expected. This in turn made me believe that the price of oil should go down. I shorted oil and it went up and I faded it and it kept going higher and higher. I didn’t have a signal and I just...

Went through another trading halt today. That makes it two in one month. Kids went to grandma and grandpas for the night so it is date night for me and my wife. As such I will make this kinda quick. I am currently short GES which I expect to take a hit on tomorrow unless I really do have a...

Great day but most of it happened right at the open EXXI gave a gap up after B9 short signal and quite a ways beyond the entry in pre-market trading so I started to short it and scalped a little bit and built up the short. The price fell off the cliff as soon as it opened and 92 seconds later I...

Another busy day and an end to a very good week. No wammies this week as I closed out without a losing day and maybe (didn’t actually check) without even a losing trade. I did come close with LORL today though. It was one of those trades that had I waited for the setup I would have killed it...

Hey I am back. Trading better than ever and feeling good about it. I have kept my blog going most of the whole time since I last posted here but I feel like I have something to offer once again to T2W so I thought I would start up again... Well today was a pleasant change of pace. Very busy...

As I write this I am trading RIMM in AH trading Its been a while since I made a post and I am hoping that I will be able to continue with atleast something every day again. RIMM fell off the cliff after earnings came out and I waited for the panice to ease and then I started buying but in very...

Been some big changes since Friday. I expanded the trading team with the addition of another trader. I was able to welcome my son Michael Weinstein 8 lbs 3 oz to the trading desk Sunday night and is currently training in on buy-side trading. Both Michael and mom are expected to come home from...

Pretty slow day today I was able to get a couple of trades and the day went well. I was frustrated with IB and the non ability to short JAZZ when I wanted to. I ended up selling call options instead but the volume is so small and the MM spreads are big enough to drive a truck through. I hope...

sorry i have not posted lately. I started taking some classes online and my wife is due with our third son tomorrow so I been trying to get everything done that I need to (not even close yet) to update: i ended the month poorly but I have starting back in "training" mode with small amounts of...

Today started out pretty slow and good Basically all was fine with a few hundred in gains. I traded AIG gap in the opening and that worked out fine but I also left some offers on with AIG that I forgot about and was not visible on the screen. AIG moved up strongly and I did have a chance to get...

Today started out pretty fast then quickly slowed down and I did not have any trades in the afternoon. AIG and HGSI were fun to watch today though. As I write this after the closing bell AIG is still making new highs of the day. GRMN gave me my only signal today and I traded very small in it...

Today started out with the usual gap up trades. I traded several gap ups and they worked out well. I also once again kept my trading size much smaller than last month and I had some clean setups which made for a stress free profitable day with very little pain at any point. The Treasury is...

Today started out pretty good and stayed that way. I would have liked to have made a larger gain with BCRX as I ended up taking a stop loss to protect the small gains I had and not allow a winner to turn into a loser. BCRX actually hit the profit target by the book but my bids to cover where a...