Tuesday, 5 November 2013

Trades 05/11/13


Lessons - keep size small on the g/r shorts
Start risking more on the better setups ($RBCN, $IPI)
AM parabolic shorts seem to work better than longs, getting out before the open is key. 
Grinders aren't my thing

Gappers: 4/5 $220

$ACDU triple zero for $145, thing doubled, and I re-gapped
$SIAF $12, it didnt do much after
$SEEK $6, went up 25%, closed down 20%
$PHOT $54 sold at hod
$REAC -$12

Shorts: 2/3


$RBCN -Perfect idea on the late day fader - shorted on anticipation that $11 would give with 10.75 first target. Covered sooner. It closed 9.90
$TTMI - another late day fader that worked out well, closed much lower too
$GTI - dumbest trade of the day, went far too big on g/r
$PVA - covered quickly for b/e it quickly dropped after

Longs:

$IPI - idea from watchlist, called it to a T should have risked more

Grinders: 0/2

$CERE, $DLIA

AM Panic Longs: 0/1

$OWW - didnt work, and it opened lower and kept dropping


AM Parabolic Shorts: 3/3

$KERX worked 
$GTAT worked 10.50 to 10.06 - it then opened higher
$CYTX under $

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