Trades 22/01/14

Lessons:

• CUT TRADES THAT DONT WORK QUICKLY (RE $OSIR $IDI)
• PAY MORE ATTENTION WHEN YOU SEND ORDERS!!!
• ON THE BIG MOVERS TAKE SMALLER POSITIONS AND BE MORE PATIENT ($LUNA) IN THE AFTERNOON TRADES (QUICK IN THE AM)
• NOTHING GOOD EVEN COMES FROM CHASING (NOT TO ME AT LEAST); JUST WAIT FOR A BETTER SETUP

I have a good success rate with the fast movers %50+ types - should risk more money on those, and less on chases ... 
So sloppy today to top some bad decisions on $KOOL i fat fingered an annoying -$80 loss on IFON, need to be more careful.
$VISN postion (150) was way too big considering the spread it had all day;
$IDI chased like a newb ... and didnt take quick losses which turned to big ones
$LUNA i fought and turned a win to a loss ... BLERG ... more patience and it'd been a big win;
Pot stocks saved me in the end, sold the ones that moved big eod - they are the ones most likely to gap but wanted to secure some especially as I thought they might dip again before the close for entry

Gappers: 4/6 +$319 

$SEEK .0047 +$25
$BCLI .27 +$73
$FITX .026 +$110
$EDXC .181 +$20
$NFEC 2.07 -$15
$ULUR (left with 300 shares) 1 -$6
$NUIN 2.87 sick gap sold 3.3 and 3.5 for +$112
$CWT feb calls .25 might be a swing

Longs: 10/19 +$265

$GERN in pre 5.42 - was hitting 5.70s earlier (on tiny vol) anticipating a big b/o, hopefully gaps too -$54
$GALT tiny on $ICPT gap up -$55
$OSIR $18 on chart -$50 totally unnecessary could have gone out for -$10 when 18 failed to hold 
$SNTA -$15 dont want to be long bios today
$MWW on $VISN -$35
$EXXI -$17 on news
$YUME same -$11
$KOOL on what looked like ABCD, too volatile -$25
$URRE on $USU 5.13 +$17
$URZ -$23 didnt budge
$GLER on news, IL OTC chat - in .0006 sold half .0009 rest .0011 when i though .001 was not going to hold +$219 ; it held ... hit .0017 
$IDI retarded chase and refused to sell for small loss instead sold for a big loss -$150
$CTIC long 3.99 -$50

$IMRS on news and decent r/r +$78
$GRNH tight stop g/r on $PHOT +$58
$TRTC .301 for gapper
$HEMP .047 for gapper 
$ERBB .007 for gapper
$EXDC .212 on a dip, half fill sold for +$35
$FITX just stupid - got 100k instead of 10k shares ... this day is BAD ... got lucky though and sold most for +$130
$PVCT 200 shares on dip 5.2 sold 5.40 for +$40
$PHOT .23 for gapper
$AVTC 3.90 gapper sold 4.15 +$69
$FFFC .0005 gapper
$MJNA .22 meant for gapper and looks good for gapper but it sped up so much i had to take it off +$89
$LEDS vol alert on chat +$15



Grinders: 2/4 -$160

$VISN looks grindy looking for a $1 move; risk is 31.5 -$180

$KOOL

+$50

$VRNG 3.70 will try short stop trying for 10-20c

sold half at 3.79; giving it a chance to break thru 3.80; other half 3.77 +$70; it grinded to 4

$KOOL bought what looked like grind and nhod, 3.18 but very quickly it dropped under 3 -$100 like a chump

Shorts: 10/24 +$30

$CTIC on bounce 4.05, 4.10 risk traget 3.90; didnt take it at 3.90 got greedy and instead got 3.97 for +$20
$KOOL very quickly 3 o/u for +$35
$CENX anticipating g/r with flush nohd 12.34 risk 12.30 entry 12 target -$70 made new hods
$KOOL again 3.07 tried to be patient, when 3 seemed to hodl i got out for +$25
$ECSL 1.35 covered 1.13 for +$230
$KOOL again 3.01 covered 2.97 for +$15 as 2.90 still held
$CTIC again short stop +$31
$HDY tiny 6.39 with nhod 6.45 risk; meh forgot about it and covered 6.66 for -$29
$LUNA -$28 too soon
$KOOL again making lower highs

didnt work, covered for -$30

$LUNA tomahawk forming, tried to accumulate as much at the offer -only got 600 3.05 avg covered 2.80s for +$100

$IFON testing chart 3.10-3.20 for entry ; 3.20+ stop

-$83 didnt work

$NLNK flush type again followed blidnly and paid for it. again. i have to stop doing that -$67 tried to anticipate the fade instead of shorting the pop

$LUNA quick one for +$30; 3.19 to 3.07

missed this 

$IFON tryign again with previous hod stop

finally IFON +$100 covered 2.01

$LUNA again tiny took +$5
$SMCI tiny trade; 23 risk -$17 knew it wasnt a good trade

$LUNA 2.79 trying to be more patient this time; covered 1/3 2.62 and rest 2.70 for +$20

$KOOL tiny 2.75 with 2.80 risk for the fade -$15
$KOOL short leash, oh boy no much of a short leash 

-$100  got caught in this

$IFON again tight stop

+$10 looked like it was making a move higher

nope, was moving lower ...

$IFON had 100 shares and instead of closnig the position for 5c i added 1k short at the bid ... fat finger cost me -$80
$KOOL small will pay more attention 3 stop

like an idiot had an open cover order at 2.86 so shares got covered there ... sloppy ... ended up good covers +$30, but still... -$120on $KOOL overall today
$LUNA testing 2.60 level; looking to accum higher for a snap; 

cant believe i fat finger AGAIN!!!! instead of covering at 2.51 i hit a sell which executed at 2.55; it then bounced back to 2.70 quickly (facepalm); i added 2.69

then got caught in this squeeze and had -$300 unreliased; it dropped to 2.70 where i covered -$100

and for future reference this is where it ended