Tuesday, 14 January 2014

Trades 14/01/14

Lessons:

  • ALWAYS GET OUT WHEN THE STOCK YOU'RE SHORTING IS BOTTOMING AND GRINDING
  • YOU CAN ALWAYS GET BACK IN - BETTER ENTRY EVEN
  • DONT BUY BASED ON NEWS ALERTS, TWEETS OR ANY SOURCE OTHER THAN TRADES INITIATED BY YOU
Upset with how I played $MNOV - so "comfortable" riding a loss (4.11 to 4.5) yet so impatient to take a gain (covered way too early). Also annoyed by hesitating and not pulling the trigger when I knew I should have on a $MONV 3.80s pop; made up for it by pulling the trigger on the 3.65 pop.
On the other hand glad I sold all my pot stocks at the open and greed didn't take over as they'd quickly turn to losses otherwise;
Looks like $2000 - $2100 gains after comms today.

Gappers: 7/9 +$546

$AVNR +$1
$ECPN +$28
$CBIS +$83
$TRTC +$400
$ERBB +$101
$HEMP +$28
$REFG +$47
$IGXT -$120
$PTRC -$22


Longs: 10/17 +$224

$ISR on $RNN strength +$123
$GRNH trying a bounce -$150 adding bouncers to the no-no list for me; was only going for 5k shares but got 5k in both account overeager me
$FNMA in case more vol comes in 3.09 with 3 risk 3.25 target +$50
$TRTC on $GRNH going green on the day +$20
$MDBX same +$55
$CBIS same -$10
$CANN +$13
$STXS -$24 i'm not buying any news alerts from now on
$MNOV had a cover order at 3.51 that got filled, but i hadnt any shares short - sold at 3.56 for +$25
$CANN for the 10 break +$13
$PVA on il chat alert - b/o on multiple timeframes coming; in 11.4, 11.3 risk 11.5+ target +$40 couldnt be bothered with it; turns out sold hod -> will verify eod
$TSL while on hods $CSIQ is about to break all time highs so going with the laggard; will add if $CSIQ actually breaks $40 -$5
$ABIO -$21 seeking alpha article. yup, not longing news anymore
$NQ +$8 on news
$GALT nate idea on $ICPT strength, missed $12 break, took tiny 12.10 with 12 risk and r/g target -$13
$VICL lovely chart idea from il chat; risk 1.42, 1.50 major breakout, might gap it took half +$100 this one was such a beauty should have risked more

Faders: 3/3 +$436

$OPTT 2.90 risk in 2.85 fader and nlod coming; started way too early and on a fade, figured news is old so it will keep dropping - doesnt work that way ... added on spike to 3 and covered luckily on a flush +$237
$ELON allowed myself to short some at lod break as I had some house money, in 2.70 looking for 10c +$45
$OPTT chart looking a bit like $ELON, i have some house money so anticipating flush ... tight tight stop +$154




Grinders: 0/1 -$38 

$TC 2.57, 2.50 risk 2.74 target -$38

Shorts: 10/16 +$932


$ISR pre, tiny on huge move +$22
$ISR -$22
$ISR +$50 on pops
$MSTX shorted a few as well not great price 90c +$46
$RNN -$15
$MSTX on pop +$121
$BCRX -$27 bahhh on nate saying he has
$MNOV short 4.10 - traded it awfully; hadnt covered when it was bottoming and clearing grinding; managed to get out flat with patience, was down $400 unrealiased at one point, and because i was so concerned with breaking even i then missed the flush i was waiting for
$MNOV again on bounce 4.05 avg trying to catch the next flush - got it +$240
$AVTC 3.90 out 3.8-3.85 +$145 got out when pots were bouncing, rational was $MDBX was down 10% and AVTC was almost green
$ELON 2.84 if 2.80 holds i'm out - it faded but then bounced, hate turning a winning trade to losing; added 2.84 when it seemed toppy
Caught it eventually - covered 2.75, 2.71 for +$70


Dropped some more ... oh well

$PHOT only green pot stock so shorted some -$23 was eating to much of my captial
$LTRX on huge spike to do with newsletter subs buying, shorting small 2.38 +$20 had to free some funds

$MNOV again 3.60 avg on that bounce and curl action
 Finally out for +$300 when it bounced off 3.25 twice



$MSTX again on being relatively strong comapred to $RNN $ISR demolition +$40 on 1k shares
$PLPM testing the chart pattern 3.45 risk 3.30 target; worked for a bit, until it didnt -$35




No comments:

Post a Comment