Another month of lessons learned.

May 1, 2008

1. 10:16 Buy 500 MNKD at $2.68

May 2, 2008

2. 12:01 Buy 700 GNBT at $1.1299

May 5, 2008

3. 12:01 Sell 500 MNKD at 2.35 loss: -165.02
4. 2:17 Sell 700 GNBT at $1.10 loss: -$20.99
5. 2:56 Buy 500 LLNW at $3.03

May 6, 2008

6. 11:20 Buy 400 MGI at $1.7688
7. 11:45 Sell 400 MGI at $1.8425 gain: +$29.44
8. 12:21 Buy 1000 MGI at $1.8888
9. 3:59 Sell 1000 MGI at $1.88 loss: -$14.82

May 7, 2008

10. 9:35 Buy 1000 MGI for $1.95
11. 10:00 Sell 500 LLNW at $3.2501 gain: +$110.01

May 8, 2008

12. 12:26 Buy 500 LLNW at $3.11
13. 2:39 Sell 500 MGI at $2.08 gain: +$60.54 (note: profit taken on only half of position)
14. 3:46 Buy 200 IAR at $4.7699

May 9, 2008

16. 11:22 Sell 200 IAR at $5.1515 gain: +$71.80
17. 11:43 Buy 500 MGI at $1.86 (note: MGI position back to 1000 shares)

May 14, 2008

18. 10:36 Sell 1000 MGI at $1.7308 loss: -$181.66 (this position was far too large for my account and far too speculative)
19. 12:46 Buy 300 IAR at 4.65
20. 2:06 Sell 300 IAR at $4.6801 gain: +$3.02
21. 3:11 Short 300 AKNS at $5.73
22. 3:56 Cover 300 AKNS at $5.6399 gain: +$21.02

May 15, 2008

23. 10:51 Buy 300 IAR at $4.78
24. 11:15 Buy 200 IAR at $4.64
25. 3:22 Sell 500 IAR at $4.82 gain: +$39.83

May 16, 2008

26. 9:42 Buy 300 USEG at $2.80

May 20, 2008

27. 11:42 Buy 200 USU at $6.5474
28. 12:20 Sell 200 USU at $6.6804 gain: +$20.59
29. 1:12 Buy 300 FPP at $5.40
30. 1:24 Sell 300 FPP at $5.5501 gain: +$39.02 (Should have held onto this trade longer - the stock exploded upwards the next two days.)

May 21, 2008

31. 3:41 Buy 300 USEG at $2.85 (poorly timed double-up on USEG)

May 23, 2008

32. 11:06 Short 50 SINO at $24.22
33. 11:29 Cover 50 SINO at $24.00 gain: +$4.99
(This could have been my best trade ever had I simply held onto it for a few hours or days - SINO is now trading in $13s-$14s.)

May 23, 2008

34. 12:25 Short 300 AMR at 6.4901
35. 12:37 Cover 300 AMR at 6.4599 gain: +$3.04 (trade needed slightly more patience to be a decent scalp - could have been $20+)
36. 1:13 Buy 100 HEK at $8.2999

May 27, 2008

37. 1:57 Sell 100 HEK at $8.41 gain: +$4.00

May 28, 2008

38. 10:27 Sell 500 LLNW at $3.1501 gain: +$15.51
39. 3:58 Buy 100 EBS at $10.6148

May 29, 2008

MY FIRST OPTIONS TRANSACTION!
40. 12:16 Buy to Open 2 IMBFZ contracts (IMB June $2.50 Call) at $0.10
41. 3:12 Sell 100 EBS at $10.4001 loss: -$27.48

May 30, 2008

42. 11:45 Buy 500 CPST at $3.81
43. 12:19 Sell 500 CPST at $3.76 loss: -$31.02

And that ends the month of May with two open positions.

My realized delta for the month of May was: -$18.18.

However, due to open positions at the end of the month, my account values were:

Zecco: $2542.11
SogoTrade: $2710.87

For a total of $5252.98 bringing me to a grand total of +$2.98 of total return for 4 months of trading or approximately +0.00056762% !!!!

I am so awesome.

Month over month, I am down -$177.61 or -3.2% from 5430.59.

Here is a graph displaying my trading accounts total from 4/30 to 5/30 (there are values for the end of each trading day)