Friday, 21 February 2014

Trades 21/02/14

Lessons:

  • IT'S OK TO CALL IT QUITS EARLY ESPECIALLY AFTER A GOOD RUN

First hour today was probably the best trading I've ever done - good win/lose ratio, and cut the losers quickly. i took it easy the rest of the day making very few (and not so great) trades;
+$1800 today

Gappers: 2/3 +$489 

$CIIX 
.97 +$238
$NVLX .234 +$301
$ZERO 1.03 -$50


Swings: 1/3 -$97

$SITS .0081 -$120 all out
$IDTA .0016 
$IEEC .12

$DSCR -$110 - almost forgot about this one$BLLZ .012 +$133 finally a bidder ... 

Longs: 5/5 +$1172 

$MEDT at the open on pot news +$268
$DMPI big vol day anticipating $1 cross +$141
$FRTD on pot news +$326
$USEI on pot news, will cut this one quickly if it doesnt work +$400
$RTXBQ pot news missed it, bought on a dip and got out quickly +$37
$ULUR for $1 cross - might take another day

Shorts: 9/12 +$325


$MVIS quick flip on a snap 3.23 covered 3.11 +$55

$ESC on $30 o/u, 30 stop +$90

covered half

covered rest +$95

$AMRI trying a little bit, 15 risk -$17 might revisit

$MVIS will see if it can break 2.90 and go g/r

moving stop to 2.90

covered half 2.79 rest on the bounce +$105

$AMRI trying again, prior top is the stop

thinking odds are it snaps, it's up from 10 in the past five session, low vol here so risk of a spike. 

and it did indeed snap, filled only 65 of 1k position

covered half in the 60-70s and then it spiked on low vol, trying to add back here
rest stopped out +$25


good covers
$COMM +$22 on this crack of support

$COMM came straight back so took 22.50s again, +$20 again

$MVIS on pop, $3 risk

-$60 might revisit

$LIVE so excited to see shares to short on IB! $9 risk, hoping to fade this blatant pump

added here on this bounce 8.89

all the signs are there for me to exit the trade ... however there's a big offer at 9 so will exit if that offer looks like about to get taken out
covered eventually for -$49


Good covers again

$MVIS 3.05 risk 

covered half here, rest 2.91 for +$65

$CCM small on this crack; fat fingered my exit +$6

it had cost me this drop 

$MVIS march 2.5 puts, has plenty of time to drop under 2.5, especially if they do a shelf; will swing them
$ESC trying again on this fade, tight stop 29.25

didnt manage to ESCape this spike -$60

$EKSO +$20 filled 189 of 1k at 5.2 covered 5.08
$IDN filled only 300 shares ... .825 covered .81 +$3

WOWZA!
$WAVX sympathy on $IDN, figured would drop as well; dropped right to where i had my order to cover but it hadnt filled instead filled at .98 and broke even after comms

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