Tuesday, 12 November 2013

Trades 11/11/13

A pretty poor day of trading, nothing really worked very well.
Going to concentrate on gappers and g/r shorts the next few sessions again.
With only the best late day fader setups additionally.

Lessons:
With Washouts, only go for liquid stocks and play them small to begin with


Gappers: 2/2

$NVGC $SEFS for peanuts

Washouts: 3/6

$RDNT was too illiquid
$BTN too illiquid
$ZLCS played too big
$CRUS was making higher highs - trade worked well
$EGHT same
$IMUC not perfect setup but worked ok

Faders: 0/1

$VISN just spiked out of nowhere, luckily I covered quickly

AM Parabolic Shorts: 0/1

$NWBO shorted second top on strength again, silly trade

Grinders: 0/2

$YRCW thought it was ABCDing but stopped out
$BORN same


R/G Shorts: 2/3

$ENG good
$CADX good
$MERC fail - spread was too wide

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