Monday, 27 January 2014

Trades 27/01/14

Lessons:

  • YOU'RE SHORT AND YOU SEE THE STOCK BOUNCING OFF A WHOLE NUMBER - COVER!!!
  • SOLARS $FSLR $TSL AMONG OTHERS HAVE GOOD RANGE - GOOD TO PLAY WHEN OVERALL MARKET MOMENTUM SHIFTS

Really annoying I turned a $50 profit in $CSIQ to $120 loss by not covering on that bounce off 36;
Traded better rest of the day with $TSL;
Always nice to start the day up $1k on gappers - sure helps picking up the better setups.
Was planning to gap a good number of pot stocks, but I was up a fair bit before the close so I sold most of them into the rush. While I'm trading what's currently hot (pot stocks) I shouldn't lose focus of my goal here, which is to practice and learn to trade big board stocks.
Overall $1900 day after fees.


Gappers: 8/12 +$1064

$CWIR .0115 avg +$533 jackpot, almost doubler
$AVTH .86 -$9 got out as soon as i noticed some weakness
$SKTO .0281  +$34
$STBV .002 +$18
$PLPL .61 +$122 missed a huge move to .93 (sold .68 at the open)
$MJNA .31 +$46 ... missed a move to .40 
$PAYD .25 didnt pay -$13
$TTNP .81 -$9 dropped 10% after i sold
$ICBU .033 for swing +$251
$LATF .00009 +$95
$IWSY 2.11 -$20 actually recovered 
$NVLX .183 +$16
$AZRH 1.8 swing

Longs: 14/23 +$689

$OVRL 1k at 1.05 on pump will sell in seconds +$7
$CMXI .52 tiny for swing took the quick +$40
$LOCM on $LIVE -$50 stupid+
$INUV on $LIVE, argh chased way too high -$110  argh knew it was a stupid chase-
$LATF again .0012 sold .0014 for +$97
$SVFC on iu otc alert 8-k out .007 -$37 didnt work
$SETO 2.5k shares at .10 +$2, was up to .15 at one point but the bid hadnt moved much off .10
$VRNG on $4 magnet meh was up $30 took -$17 when market was weak
$CMXI $500 position out for +$40
$PHOT .275 laggard -$27 couldnt fill a sell when it started pulling ...
$HSCC another pot nice chart, no vol yet - see if vol comes and I get a ramp +$67
$HEMP small .07 -$35
$MWIP .39s might swing some, like the chart +$114 nicely timed; could go higher but concentrating on $KRED now

$ADMA really illiquid but took a chance +$3 couldnt be bothered



$FSLR trying some on market bounce +$16
$TSL trying some on market bounce +$47

$CSIQ +$9
$FITX .0444 +$85 not loving it for a gapper
$MWIP .443 took half off for +$275
$CBIS .17  +$163
$PHOT .282
$IMTC gapper .168
$HEMP .07
$MJNA .399
$ECSL short at 1.40


Grinders: 3/5 +$140

$PVCT on grind and r/g coming tiny position -$6 not easy to sell
$GAME 6.4 6.33 tight stop -$40 chased and it didnt work




$ARIA boredom trade, 8.04 with 8 risk, took +$10 8.13




these moves can carry on for cents

$BCRX tiny on grind

worked +$13

yup sure can move higher

$TRTC on grind and n52s at .45 took 2/3 off for +$166 at .458, .465

Shorts: 11/20 +$406


$ARIA small premarket trade on lower highs -$20

$ARIA again -$44 shouldnt have traded it was too concentrated on OTCs
$ARIA again this time anticipating the flush, tiny position; worked took +$15 back
$FSLR anticipating a fade +$49
$TSL anticipating a fade +$33
$CSIQ  argh saw it boncing off 16 and didnt take my profits -$126 
$TSL again gave back -$20
$YRCW bad entry covered immediately as i didnt like it -$20
$YRCW shorted on pops

covered some $YRCW 19.27 -not sure if it's basing here or not, will give it a minute and cover rest if it bounces +$100 decided to cover as it was holding that bottom 


$PRPH tried 2.60 filled only 100 at 2.55 +$3 tired of the 100 shares
$MJNA on all pots dipping in .382 +$15
$COPY annoyingly due to $MJNA position I lacked the funds to go short at .285 and chased .274 coverd .257 +$36
$YRCW again smaller .75 risk, 30 target -$19 got scared when offer at 19.75 got hit

-$19 got scared when offer at 19.75 got hit

$TSL again not best entry looking for g/r move, made back +$15

$MYRY silly short on negative bitcoin news +$4
$YRCW not best setup but finally IB has shares so I can be in and out quickly

covered fo +$9 19.25 holding strong so far

$YRCW again -$9 it broke under 19.25 but then jumped back over
carp:

$KRED anticipating g/r - shockingly suretrade has some; in 1.17 stop 1.20, target g/r flush; luckily covered 1k at 1.05 rest at b/e 1.16is for +$120

$KRED tried again -$20
$KRED and again -$20

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