Trader Junkie

The TraderJunkieis still Alive!

2008-05-12T06:11:00.000-07:00

I just noticed that it has almost been a week since my last post, terrible. I have been so busy lately, but that is no reason to neglect my precious blog. Anyways I haven't even looked at the market for the last three or four sessions and I am ready to pounce. I went to Idaho and even went and watched the Jazz beat up on the Lakers last night. It was awesome, there is no better fan in the world to heckle than a Lakers fan.
I am starting the IM group today and my AIM username is traderjunkie1, if you guys are using something else let me know so we can all get on the same page. I look forward to get this going and learning from each other. I will post throughoput the day, or join the IM group to talk and chat.
I will post some of the stocks that I will be watching, I haven't done any research for a while so lets see what we can do.

Later.

Trading Group and Thoughts!

2008-05-06T19:35:00.000-07:00

I haven't traded the last couple of sessions because I have been trying to come to a conclusion on why I haven't been able to make any money in this wild and crazy market. I don't know the reasoning why I bought this book, but I did. The book that I bought was, "Trading in the Zone" it is an excellent book about the psychology of trading and about knowing your trading strategy. I am about half way done with the book and I feel like every chapter is written just for me. It is an amazing read that I feel every trader should read if they are having trouble being consistent in there trading.
I want to apologize to all of those who have been reading this blog and still see my account at the exact same size and no action whatsoever. I feel that I am lost and I need to get this market under control and build some confident. Sometimes a trader just needs to get away from the market for a bit to clear his mind and that is what I have been doing for the last couple of day. I am going to officially start trading on Monday because I am going to be traveling this week and into the weekend so I don't know how much time I would have to trade, so I have decided I won't trade. I will post every night and let me know if you have any questions. I will post from my hotel every night and want to start to get some feedback from you guys about how is your trading, what are your strategies, etc...
I want to get your thought on this. I want to get a group of traders and start to IM during the trading day with different thoughts and trading ideas, I honestly believe that this could be the most beneficial things we could all do as trader. I already have your IM Zack, lets get together with as many people as possible. If you want to get in on this IM trading group email me your IM info to traderjunkie@gmail.com. I am planning on starting this group as of Monday morning. If you think this is a stupid or good idea let me know. I know that there are forums and chats that you can go to to talk to investors, but I want to get a real time group of traders that we can all discuss what we are trading, why we are trading and different techniques we all use. I am extremely excited about this idea and hope that you will all give it a shot as I honestly believe that this will be extremely beneficial to all of those who join. I AM IN!

Its been a while!

2008-05-04T22:33:00.000-07:00

It's been a while since I last posted on the website. I have been extremely busy, my sister was married over the weekend and I am done with school for a little while. I am probably not going to be able to trade tomorrow because I have to work the morning shift out at my work, unless I can sneak on the Internet and trade without nobody knowing. I ma going to detail the blog a little better this week and have been thinking about re-doing the website and buying a domain name. Will have to wait and see, I think it would be better. I can customize it the way I want and be able to keep a more accurate blog. I appreciate the comments that have been posted, they help, especially when I have been in a slump. Good Luck trading tomorrow and I will post tomorrow with some stocks I have been researching and following.

Trading in the ZONE!

2008-05-01T06:22:00.000-07:00

I started reading Trading in the aone, last night and all I can say is that this book was written specifically for me. I am in a slump and need to get out. This book is all about the psychology that lies between a traders ears. I don't think that I am going to trade at all until I get this book read because it seems so true that the author is saying. My portfolio is tiny and my confidence is shot, but I am learning and haven't quit. If I trade at all it is because it is a perfect setup and I have finals the next two days so I don't have a lot of time to research and study the market the next two days.

I will post later today with some comments and ideas, until then go check out TIM's new site, awesome. Later

TMY

2008-04-30T06:59:00.001-07:00

TMY bought 2000 shares at .61/cent. It is a very Volatile play, as I think that it will follow yesterdays pattern with a little less volume then yesterday. I Will watch it closely to cut my losses if it falls quick, I may just put in a stop loss, that way I am for sure getting out of my position.

UPDATE: TMY, I finally learned to cut my losses, I ended up selling 1100 shares at .56/cents and the remaining 900 at .55/cents nice $110 loss, oh well at least I am learning to cut my losses as you can see now that the stock is down another .05/cents. All in all it wasn't a good trade at all, but I am learning from these stupid mistakes that seem to drive me crazy, I am not trading right now I am guessing. I feel like I am gambling in the positions I am buying and selling into. I didn't use any technical analysis or fundamentals to trade this stock, I used EMOTION. I thought it would follow the same pattern as it did yesterday, NOPE. I am eating a lot of humble pie and hope that I can figure this game out. One thing I have found out since I began trading is that emotionally, it brings you the highest of highs and lowest of lows. Wow, the market is a psychological brain jam. Will update later..

Playable stocks!

2008-04-30T02:07:00.000-07:00

I am working the late shift at work and have found a couple of potential plays,

SYNM-very bullish chart moving, good looking chart, I had resistance at $1.20, but broke through that on Monday. It was up yesterday, but it closed on the decline. SYNM is in the natural gas industry (Boone Pickens said this is the next big play with gas going so high). Watch this closely, if it shows any sign of life in the morning market, you can definitely count me in on this bad boy.

EXTR- Put this on your short radar. This is a struggling technology company that is EXTRemely bearish. It is moving below its Exponential Moving Averages, and RSI is at 46%-which is a bearish trend. Watch this one as it may tank slowly, but support is at $2.80, if it breaks support you might as well kiss the stock good-bye.

Other potential plays NURO, GRIN, BSRC.

Good luck, hope some of these will help, I hope they can do me some good. Always remember to do your own due diligence before you trade. Later

Has the TraderJunkie changed?

2008-04-29T20:05:00.000-07:00

WOW, it is not very often I go an entire day watching the market and not even make a single trade. I sat on my hands and watched the markets as nothing really special happened. My only play tha I tried to play was GRIN, but you can read my previous post to see what happened with that.
I watched TMY spike, fall and then spike again. I thought about buying a 1000 shares of TMY when it was up only .10/cents, but I didn't like my risk/reward on this one. I should have entered my position, but I didn't and I ended up watching this thing go up .25/ cents, could have made $100-150 on this, but didn't, Oh well- at least I didn't lose any money.

Everyone was hyping up PDO and TIM ans themarketkid, were both shorting the hype. Good call on the shorts as it dropped pretty substantial throughout the day.

I am going to try and trade tomorrow if I can find time, I have to study for finals and take a couple of finals. One thing for certain, I will be watching the market, so if something does interest me I won't miss it. Thanks for checking out the blog and Zach email me your IM info if you happen to read this. traderjunkie@gmail.com

Trading Update!

2008-04-29T06:45:00.000-07:00

I entered my position to short GRIN this morning due to the morning spike of almost .40/cents. SOGO rejected me in my position and said that it isn't in there short list anymore. Grin then dropped all the way down to .97/cents. I could be up over $200 if SOGO hadn't removed GRIN from there list, it stings a little. Anyways, I am looking for some potential plays this morning, I just about shorted MXC this morning when it was up .60/cents, but didn't. i didn't want to get caught in this one just in case if it ran higher. MXC is now negative on the day. Could have made some more money, but didn't. Will update the blog throughout the day if I make any trades.

Good day to gain some CONFIDENCE!

2008-04-28T14:38:00.001-07:00

Gain: $140/GRIN
LOSS:None
Portfolio Value: $1695

Its about time I finally make some money in this market. I had been watching FMCM this morning, but it didn't look good at all. I began scanning for good potential plays and saw that GRIN had risen over 100+% on Friday on news that they were getting a new CEO, yeah that is some decent news, but the CEO is the former CFO. I have been reading a couple of books on Technical Analysis and played this one using the MACD and 20 day MA. As it turned out I shorted my 1000 shares at $1.06 when the moving averages crossed each other at a convergence point, just above the 20 day Moving Average. As soon as I shorted the stock the stock jumped about .05/cents. (I was just about ready to cut my losses as the bid and ask price began to widen). The stock then broke and fell to .96/cents were it lingered at for a while. I had to take a final so I put in a limit order to cover my short at .92/cents. The order was filled and the stock close at .86/cents. I could have made $200, but I am definitely happy with my $140 gain. Shorting that many shares cost me a total of $8.00 in commission. You tell me another broker that gives you that many shares for that cheap! I have finally figured out SOGO, I need to use limit order to execute my trades so I get the price that "I" want.

I am going to watch for some more potential plays tonight, I hope that GRIN happens to spike first thing in the morning so I can re-short it. I appreciate the emails that you guys have been sending. You can leave your comments below or email me at traderjunkie@gmail.com. Thanks guys, good things are going to be coming.

Monday Morning!

2008-04-28T06:36:00.001-07:00

FCMC,
The stock tanked right as soon as the market opened, I have a limit order of 1000 shares at $1.03, One lesson I have learned from trading, when there is a large gap between the bid and the ask price you need to use a limit order, otherwise you will usually get the worse price! I have found that out the hard way. I am going to watch this stock because on last Thursday it did the exact same thing when the market opened, It fell and then rebound up about .15/cents. I am going to be scouting other potential play just in case I can't get my ordered filled.

UPDATE!!! NO VOLUME, I canceled my order due to the fact that there is absolutely no voume coming in.

I shorted GRIN at 1.06, It has since jumped up .04/cents and I am down $40, will watch this close so if it doesn't go the way I like I can get out of this and cut my losses!

Stock I'm Watching for Monday

2008-04-27T16:32:00.000-07:00

I have been researching for that one stock that is going to help me get my portfolio back on track and I think I may have found it. The golden stock is (HOPEFULLY):

Franklin Credit Management (FCMC)

FCMC engages in the acquisition, servicing, and resolution of residential mortgage loans and real estate assets. There are three reasons why this stock looks so attractive:
1: Chart, look at the resistance here in the chart. The stocks average volume for the last 90 days have been 16K shares and Friday it traded at almost 65K shares, Huge jump and especially if we can break the resistance level. Also, a technician would be bullish when the short interest ratio approached 5.0 and bearish if it declined toward 3.0/Short Ratio (as of 26-Mar-08)3: 53.9.

Hedge Fund Crash

2:They just filed an 8-k. Here is a link.

3: Although they are in the mortgage industry, look at there Income Statement:

I am going to watch this stock very closely and enter my position into this probably tomorrow, i will update my blog first thing in the morning with what I am doing and what i am watching.

Trader Rules for Everyone!

2008-04-25T10:06:00.000-07:00

I was just cruising through stock websites and came across theimpatienttrader.blogspot.com. I heard his interview from traderinterviews.com a week or two ago and was impressed, but never has a chance to really look at his website. On the title of his website it list characteristics that a good trader will do and he list them, here they are:

1. Always wait for the setup: No Setup-NO Trade.
2. Knows that winning trades work almost right away.
3. Never takes a big loss. Sell it and start over.
4. Takes small loses regularly. Winners will come.
5. Lets the stock keep working until it does NOT!
6. Is eager to sell a loser, NOT a winner!
7. Buys pullbacks/patterns on the strongest stocks.
8. Will always trade small so he is not emotional.
9. Never be greedy and always stays humble.

WOW, simple and very true. I need to get these rules tattooed on me so I don't forget them. If you follow these rules you could be an extremely successful trader, (e.i. look at how successful theimpatienttrader is. His PandL for the week, $6700...Nice. That is the level I want to get at one day, but first I need to learn to implement these rules.

TGIF: Rough first month!

2008-04-25T07:33:00.000-07:00

Portfolio Value: $1556

I am completely out of all of my positions, I had to get out of EDEN because SOGO was going to sell off my positions if I didn't sell them myself by today (stupid SOGO rule: don't like if you short stocks under $5)

Anyway, my first month is officially over as of yesterday and what a wild ride I have been on. I started out good, had a couple of big losses, built the portfolio back up and again I am back below square one. It has been a huge wake up call, when I was paper trading I was consistently pulling in 20+% a month and now that I am trading real capital I can't seem to figure this market out. I am down almost 40% in my first month, terrible. I am optimistic that the future of my account is going to get back into the green. I am not going to do any trading at all today, I am going to take today and the weekend and re-gain my trading mentality. I will not quit in my pursuit to become a full time trader. I love the challenge of waking up every morning and trying to devise a scheme that I feel is very capable of beating the market. Playing the market is the most challenging and mentally exhausting thing I have ever done in my life. I can't get enough of the market. I am taking 18 credit hours this summer so I can take an investment class in the fall (it has nothing to do with my major and I had to beg the professor to let me take the class because it wasn't part of my major). I am fully committed to my trading and expect GREAT things to happen. *I AM GOING TO TRADE FULL-TIME*

Incredible Interview!!!

2008-04-24T07:40:00.000-07:00

If you haven't heard the new interview at traderinterviews.com, you need to check it out immediately. The interview is with a former hedge fund manager who has been in the industry for over 25 years, he writes daily on his blog at upsidetrader.blogspot.com. In his interview there were a coouple of key things he touched on that really hit home:
-"You should never try to press yourself or your trade to try and catch up." That is my problem, if I lose one day, the next day I try and make it all back up and more and I end up losing more, it is a continuos cycle.
-"Cut losses and make them very tight if you want to live to fight another day."
Case in point: my three biggest losses that have destroyed my portfolio could all have been prevented if I cut my losses and not HOPE that they are going to rebound. He said something like, If you cut you losses on a stock then Oh well, there are thirty other stocks out there that you can play.
Anyways, you should check out that interview, it will only help with improving your trading.

The portfolio is still breathing!

2008-04-24T06:40:00.000-07:00

As I stated in my post I am down terrible, with EDEN jumping in price, I am waiting for this stock to fall and get out with as little loss as possible. The market has been open for about 10 minutes and there is absolutely no volume coming in. I am feeling better thinking that this stock is going to drop as the day goes on. I need to get out of this thing at a decent price to help conserve my precious capital. I am not really going to be watching any stock because I have all my capital tied up into EDEN.

I have been reading the Market Wizards and it has been a useful tool on ways that different trader approach the market, very interesting. The book contains useful tactics that traders use to help there psychology when they are trading the market. It has helped enormously. Even though my portfolio is getting hammered it is fun. Not fun to lose money, but fun in the terms that my portfolio is challenging me to become a better trader. I am trying to learn from my mistakes and improve in my abilities. I am learning as much about the markets as I can. I was reading an article at elitetrader.com (great website if you haven't checked it out) and in the article it said, the key behind the market is that everyone can win or lose money, but is about developing you as a person that makes a trader successful. Exactly, everyone has there own niche that they have to make money, but is about developing yourself. I will go and look for that article and post it later today on the blog.

I am thankful for my mom for giving me a copy of "Confessions of a Street Addict" for if she hadn't given me a copy of that book I don't think I would have found my way into this mystery market. I look forward to the challenges that await me as I build my portfolio back and become wealthy in this marketplace. I hope you guys that read this can benefit from my mistakes and wins. I hope that you will enjoy this wild ride as I go from poor college student with little capital and turn it into a great sum of money. Sit back and enjoy the ride and as Craig Bollerjack says, (announcer from the Utah Jazz) "Buckle-Up"

By the way: The Jazz play tonight, if you wanted to know.

EDEN...EDEN...EDEN

2008-04-23T11:08:00.000-07:00

Well, right now I am sitting on a HUGE loss, Eden went ahead and jumped high today, I am holding short 800 shares all the way at @ 2.07, need to find a good exit point to help limit my loss. It suck, I haven't been by my computer all mornig (taking tests) and I came back and am about ready to have a heart attack. DAMN, need to get out of this.

I won't be trading anything, right now the portfolio is absolutely slaughtered down almost $1000 since the inception, feel like I am totally lost, but I am going to figure out this market.

Will post when I get out of this HOG: hopefully this thing falls, but I don't think it will....

EDEN you POS

2008-04-22T06:14:00.000-07:00

First let me apologize foir not posting at all yesterday, things are getting hectic here due to the fact that Finals are here next week so I have been craming to get in all my stuff to pass school. I would rather be trading, talking, and blogging stocks over school, but I need to finish.

I finally sold CROX, for a nice $10 loss, BORING....I should have dumped that good for nothing stock a long time ago, it will eventually go up, but I don't have the time or capital to wait and watch that thing go up .50 and make me $50 in two weeks.

I saw that EDEN (thanks to MR. Sykes) was up due to a fictional article written by thestreet.com about a division that EDEN sold off last quarter. WOW, this stock has no business trading where it is at. I waited until the end of the day to short this, hoping that there would be a little run going into the close so I could get a better price, but there wasn't so i put my order in for 800 shares and it was filled at $2.07. Watch out when EDEN breaks through the $2.00 mark, this thing should drop quick.

I am only going to be focusing on EDEN today, I need to get a good gain on this sucker, so I can start re-building my account back up to where I began. If you have any questions, or comments please post below. Thanks and good luck trading today.

CMOS,ALLT,BHBC=potential plays

2008-04-20T17:08:00.000-07:00

Here are a couple of stocks that could be great plays, wait for technicals:

DAY:
BHBC: The stock is at $2.73, resistence is at $2.75, this could be a quick .10-.20 gain once resistence is breached.

Hedge Fund Crash
ALLT: Could get interesting if the stock can break the $3.00-3.02 range. Not much volume, so this may not go anywhere if broke.

Stock Charts

CMOS is setting up to be a great short once it breaks through support at $1.20. The company should fall quickly, they have lowered there quarterly estimates, they have been changing directors, right now the company isn't looking to good. Wait until support is broke before entering into this hog. I hopoe that I can get my account up to where I can short because this has the potential to be a fairly good short.

Add Stock Charts To Your Blog

Sunday afternoon

2008-04-20T15:06:00.000-07:00

Sorry, I haven't written on the blog the last couple of days, the portfolio is down to $1813 and I am still currently holding CROX long right now.

I received my PennyStocking DVD in the mail on Friday and have devoured that baby. All I have to say is WOW. The very best instructional program I have ever read or watched. I have been following Timmy for a couple of months now and thought I have figured out his trading stratege......was I ever wrong. The DVD breaks the world of small and micro cap stocks down for you. It gives you great ideas what to look for on when to buy and sell and when to get out. AWESOME. I am going to try and finish the last DVD tonight and begin my official pennystocking career tomorrow or Tuesday. I feel that now I have the tools to read and understand potential play (and now how to utilize there charts for profits) I can easily double my portfolio in two or three months, The money for the program was well spent.

Since my portfolio is down below $2000 I need to be careful and only buy breakouts and be wise and patient. I can't short until I am over this mark, so long plays here I come. I would definetly like to become better at buying stocks on breakouts and be very comfortable with my position. I know what I am doing, I just need the confidence to hang in there and cut my losses quickly.

Thanks for those who read the blog, I hope I can help you out in anyway. Good Luck trading. Keep watching, cause this portfolio is going to explode over the next couple of weeks....GUARANTEED

CROX

2008-04-17T08:37:00.000-07:00

I bought 130 shares of CROX this morning at $10.34, I need to hold onto this one to get me over the $2000 mark so I can get my margin account up and begin shorting more plays. This isn't a SOGO rule it is a damn SEC rule.

My portfolio value is down to $1850ish (I'll get the exact total tonight) thanks in part to my stupid trading and guessing of the market. I bought VISN and it went down fast for a nice $70 loss. I wanted to get it up as fast as I could (portfolio) so I just found a stock that was getting hyped all over the message boards and bought it. Stupid mistake, the stock is up now, I would be up almost $90 now, but oh well, I learned a small useful lesson.

It is getting close to finals so I have been studying like crazy and neglecting my trading, I need to focus more on trading and less on studying, but I can't. I am going to hold onto CROX and feel that I can get a $2-300 gain in a couple of days. I need it up because my PennyStockiing program is going to be here soon, I need my margin back to short.

I'll update this afternoon or evening. I can't seem to make any money in this market, hopefully you guys are, Good Luck Trading.

Boring day!!!

2008-04-16T13:24:00.000-07:00

I haven't really even looked a the stock market much today, due to the fact that my account with SOGO is still trying to get resolves, they said it should be up before the end of the close, but there weren't any positions I wanted to buy or short. Tomorrow will be the day of truth, if SOGO doesn't deliver I may fork up some more money in co missions and move my account to a brokerage that people have heard of. Only time will tell my friends.

In the New York Times today there was an article about hedge fund managers and there earnings, I don't know if any of you read it, but it was incredible. Here is a link to the BIG TIME FUND MANAGERS, In the article it is a little funny that people are getting mad about all of these fund managers bringing in all of this money when the economy is in shambles, who cares-if people in this country are smart enough to earn a 3 BILLION dollar a year paycheck (legally) than so be it, give them credit-don't restrict them.

I will research some potential plays tonight after I watch my JAZZ clinch the 3rd spot in the west and take the easy route to the promise land of milk and honey. Oh, and the Sox play the Yanks on ESPN@- hopefully, PAPI will come around and step up like the baddest man on the planet, oh yes Manny, I'm talking to you. Hopefully I can squeeze some research time in, I have a full plate tonight. Later

SOGO SOGO SOGO

2008-04-16T08:48:00.001-07:00

I tried to short PSTI first thing this morning and it said that I have exceeded buying power. BS, I just sold off MNKD for 2.17=no gain/no loss. They said my account is below 2000 and that I need to deposit more funds to trade on margin, what the..... I then tried to buy a small amount of stock and it said the same thing. last I heard buying stock with your own equity isn't considered using margin. I need to get my account bigger so I can afford a reputable brokerage, not some fly by night POS brokerage house (that has tons of every stock out there to short) but they are pure shit as far as I am concerned.

I finally grew some juevos and ordered the PennyStock DVD and training program from timothysykes.com, about time, I need as much help as I can get to beat this damn market. Anyways, I am trying to figure out this thing with SOGO so I will probably not trade much today. Good luck trading

Adventure of a small capital trader

2008-04-16T05:59:00.000-07:00

LOSS: $350/MNKD $120/WM
Gain: NONE
Portfolio Value:
Holding: 750 share of MNKD @ 2.17

Terrible day yesterday trading, I started to trade emotional and not logical. I thought that WM would sink on earnings (even though the bad news has been factored in) I still thought this was a good trade to short, nope I was wrong. I got a great squeeze after hours and got out with $120 loss. I have decided I will never play another stocks earnings, it's like taking your money and putting it on either black or red. It is gambling to a "T".

I sold MNKD, like I detailed earlier in the post and re-entered when I saw that MNKD was showing some strength, stupid move. I should have walked away from this stupid stock and not even touch it, but I did and now I am holding onto it for today.

Trading is more emotionally and mentally draining than anything I have ever done before in my life. I have been in school, played college football and those don't even compare to the market. One minute your on top of your game the next minute you are trying to figure out what the hell went wrong. It is depressing to do all that work to get your portfolio back up and in a matter of minutes see all your gains destroyed. I have been being optimistic and I don't even talk trading with my family, if I did, I think I would just vent on how stressful it is. Success magazine has a couple of great articles on psychology and failure that helps. I am not a failure, I have just hit another road block on my way to financial freedom. I am going to post what I am doing and trading throughout the day. Good Luck trading today.

$350 Kick below the belt.

2008-04-15T06:56:00.000-07:00

I put in a limit sell at $2.20 for MNKD, I don't want to get killed anymore, I had enough. The order was filled and now I have to deal with the loss I just took. OUCH, Oh well, time to move on and find me another opportunity to make money. I will update throuoghout the day with the trades I am making and the ideas I have.

IDEA ONE: I have talked about the grat opportunity to short Washington Mutual (WM) in the last week since they dilluted there shares to help raise more capital, here is the kicker: They are posting earning this afternoon after the market close. I have been researching casue the stock is up .30/cents right now and why? I am going to research this further and maybe throw in some shares to short, this could be an excellent opportunity to make a big profit from this no good company. I suspect that earnings are going to be terrible.

No presents on Christmas!

2008-04-14T18:20:00.000-07:00

Gain: None
Loss: None
Currently holding: 1000 shares of MNKD @ $2.55

Well, we all know that the market is closed now, and I am currently on top of a huge loss right now as we speak. MNKD decided it didn't want to go higher, but fall all the way down and close at $2.25. I am sitting on a .30/cent loss and exactly a $300 loss if I were to cash out. Here is the kicker, I AM NOT SELLING. I know that my last losses of IAR and BPAK were bad, but if I had been a little more patient I wouldn't have lost any money at all, but would have gained. My plan is simple with MNKD, wait it out and watch it go higher and higher until I can get out with a profit or even a smaller loss. I worked the grave shift last night so I didn't have achance to look at the market until about noon Mountain Time which is 2:00 eastern, I should of had my stop losses in place, but I thought there wasn't anyway this stock was dropping after Friday's performance, but it did and now I have to dig myself out of a big damn hole. Oh well, it gives me a little road block for now, nothing I can't handle.

Short post as I am starting to cram for tests right now, so If you have any questions please place them below. Until later, good luck tomorrow trading and I will update this tomorrow with what I am trading.