Wednesday, 26 February 2014

Trades 26/02/14

Lessons:

  • I'VE ONLY 5K IN MY SURETRADER ACCOUNT SO NEED TO BE MORE SELECTIVE AND TRADE SMALLER SO I DONT RUN OUT OF BUYING POWER ... RE $CNET - COULD HAVE BEEN A KILLER TRADE IF I COULD ADD HIGHER
  • MENTAL NOTE - RE $PRAN, SOMETIMES IT TAKES WAITING UNTIL THE LAST FEW MINUTES FOR STOCKS TO FINALLY BREAK SUPPORT

Great trading today, albeit being a bit early on $CNET, managed to close that trade for $500 - would have been an epic trade had IB had borrows ...
Left a TON on the table with $CANN $CBDS, i need to work on my patience, especially with $CBDS 
up +$3400

Gappers: 1/1  +$155 

$SGLB for gapper .138 -$111 wasnt really doing what i had expected
$EXCC gapper +$266


Swings: 0/0

$MYRY .05
$IDTA .0016 
$IEEC .12


Longs: 10/13 +$1887

$FRTD +$532 on news, hadnt realised order was executed and found i was up $500 so i took it!
$ULUR 1.07 n52s in sight out even
$KUTV $CNET sympathy will cut it quickly if it doesnt work +$6 i dont like these illiquid sympathy plays it usually ends up badly for me
$CANN 22.50 risk 

+$66

$CBDS 9.7 +$361 sold in bits on the way to $11
$MDBX 29.9 +$93 took $1 per share
$CBGI .024 for gapper
$DSCR on pot new +$554
$FULL 8.2  +$16
$TFER on news +$241
$CBIS -$10
$GRNH .435 +$94
$PHOT .38 nice on .40 break +$74 might rebuy later
$TRTC .51
$FMCC i hate this stock, tried a few here -$40
$AVTC 4.05 for gapper
$ORGN 1.5 for gapper,
$BRDT .55 for gapper
$MDBX 32.5 -$100 gave back earlier gain
$NTRR .65
$CBDS rebought 12.9

Shorts: 11/15 +$1370


$PLUG 4.65 risk

+$13 wasnt too happy with my avg
$LJPC 10 o/u

covered for +$155

$PRAN 

+$90 yeek, was down $400 unrealised until it decided to snap

$ALTI +$34

$ALTI again on lower high

+$90

$AGEN 3.75 risk

 +$104

$AVNR 4 risk -$50 boredom trade
$MRNA short anticipating 1.60 break and snap, tight stop +$192
$FVRG on g/r +$285 covered 1.8. 1.76 and 1.7 (shorted 1.86)
$ZU tiny, 61 risk -$17
$AVNR $4 stop
$CNET i started into it a tad too soon at 2.09

tried to cover 2.11 but then it truly went parabolic

now this is where i'd add had i not run out of BP ...

it dropped where i covered 2/3

added here on 2.50 o/u and raised my covers above that consolidation level at 2.25; argh if it was IB i'd trade in and out, but it's $$$ so will hold and suffer some thru some pops

covered more here; holding 500 in case 2.25 snaps

finally covered some more 2.21

more here, now waiting to see if it bounces off 2 to cover rest; it did, covered +$450

$PRAN tiny on this curl with 11 u/o risk 

-$15 ok, need to calm down and focus on the better setups, it's making higher lows, probably going higher

$PLUG 4.55 risk - a bit sludgy here, but liking the r/r, looking for a long fade it it goes under 4.4
 +$100 meh, took the quick cash

good covers-

$SYMX  argh, -$100 hate turning winners to losers, was 1c from my covers 
$PRAN on lower highs, 11.50 o/u


+$60 ran out of time






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