Trades 06/11/13

Lessons - 

• Keep size small 100 lots, no more!
• Wait for perfect setups, there's a reason why you have a watchlist, dont just buy the idea at the open ($MDCI, $NTR)
• Don't let others influence your decision making (re $NWTR)
• Subbies are good for just one gap
• Know the difference between consolidation and grinding

Gappers: 1/4 -$180

$NWTR stupidly feared it being ETB and sold for a loss out the gate, it then went up 20%
$ACDU disaster, not gapping twice
$TPCS ok, went up further
$ITEN b/e didn't do much

Late Day Shorts: 2/3

$BEAT Done it nicely, it dropped further from there

$SUNE Didn't work out as well, it wasn't really making lower lows
$ECYT was ok

Longs from Watchlist 1/4:

$MDCI $NTR $CYNI - just bought these at the open instead of waiting for the setup to present itself. Better miss the trade than trade poorly
$VELT This one I did chase, but it had a huge gap to fill

AM Parabolic Shorts: 1/1

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

Grinders: 0/2

Failed: $GSIG $BORN $ECYT
Successful: $NQ $OXGN

Shorts:3/5

$KERX wasnt a good setup

$GTI was ok

$TA as well

$OXGN read the intraday moves rather well, although it was going much higher

$FU didnt work, but I cut losses quickly