Thursday, 27 February 2014

Trades 27/02/14

Lessons:

  • NO MORE NASDAQ GRINDERS/LONG TIL FURTHER NOTICE ...
  • DONT RE-SHORT A BOUNCE CLOSE TO EOD

Felt a bit slow in terms of the available plays - focused most of my attention on $BIOF and traded it well, all things considering stroke a good balance there with being patient yet not letting my profits slip; had just one bad $BIOF trade, when it bounced eod, traders are covering etc, was not a good time to re-short.
Gappers didnt work very well, especially not the crowded one - time to avoid gapping pot stocks
Up $1000 after suretrader comms probably; funded suretrader with another 5k to avoid missing plays like i had this am

Gappers: 4/7 +$76

$CBGI .024 +$137
$TRTC .52 -$164
$AVTC 4.05 +$46
$ORGN 1.5 -$27
$BRDT .55 +$99
$NTRR .65 +$25
$CBDS 12.9 -$40


Swings: 0/0

$MYRY .05
$IDTA .0016 
$IEEC .12


Longs: 3/4 +$131

$JCP consolidated for hours, 7.40 is big, see if i can hold for more than 2 minutes +$1!!!

i suck

$JCP trying again on 7.50 break -$100  - i'm done with these
$ILED on news +$105
$DSNY 1.12 on news +$125
$NVIV had that 2.5 on watch for ages and it happened while i wasnt watching ... chased at 2.50 ideally i should have had 2.40s
$AHRO .50 gapper

Shorts: 14/21  +$1124

$JCP


-$190 completely messed it up due to insufficient funds in ST
$CNET +$90
$BIOF

covered half 

resrt +$303

$BIOF reshorted here

covered haf 3.50

rest here +$110

$PRAN chased - argh again not enough funds in suretrader, have sent fund request today so i dont miss out again ...

added here

and here, 11.40 stop now

that's the big trade i missed today ..

argh had to take -$60 loss due to liquidity issues on ST again ... was more keen to add to my $UBIQ short -$20 not ready yet
$PEIX

covered half

rest +$90

$BIOF again smaller

added here 

covered most here rest on another bounce off 3.5 for another +$150

$ICFI $42 risk -$30
$WPWR IB had shares took just 4k at 80
$NVLX only filled 2500 at .49
 +$50

$SUNE -$30 

$SUNE trying again

covered half here rest when it bounced back, made back +$30

$NVLX on 50 o/u -$25
$BIOF again here

+$60 will look to reshort on a spike

$BIOF  again on breaking the intraday support, will *try* to hold on to it so as long as it doesnt go 3.50 u/o

... newsletter shorted it, and i dont like crowded shorts +$140

$BIOF shorted 3.50 o/u again
covered 2/3 on bounce off 3.25

some more 3.31 and 3.17 and finally 3.08 +$notsure

$SUNE on 19 o/u; covered for b/e


$PRAN again here, thinking it should puke to 11 shortly

covered half here (11.02), getting sick of watching it, +$60

$PEIX on this lower high

covered 14 +$80

$SUNE looking for a snap back to 19. 19.35 risk

covered some here, rest a 11.07 for +$80

$DANG good r/r here

covered half, then rest +$34

$SUNE again

added

out +$115

$PEIX on lower high

-$60 at 14.25

$BIOF one last time on eod bounce -$100 overall +$1000 before comms


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