Trades 21/04/14

Lessons:

• TRADE LIGHT OUTSIDE THE FIRST AND LAST HOUR OF TRADING! 
• HAVE MORE PATIENCE WITH THE LONG POSITIONS OR DONT BOTHER 

A very frustrating day again - not being able to stick to my rules (shouldn't have traded premarket, took few too many boredom trades in the lull hours, and traded too big in the lull hours)
Trading is easy if you follow your rules ... following your rules is SO HARD
$SRPT occupied most of my day - had i avoided the premarket and lull hours I would have done fine ... instead I fought with it long and short, eventually managed to come back from -$500 to +$150 on $SRPT, overall up just about +$150 today
Will try harder to stick to my rules tomorrow ...


Longs: 1/6 -$425

$SRPT bought the $40 break in pre and it quickly went against me -$100
$PLUG +$44
$BIOF -$50
$AXAS 5.40 risk looking for eod run -$69 too early and should have waited for a dip

this really sAXAS

$SRPT bought $36 when the chart looked bullish fuelled by the new price target

didnt take $200 when i had it and it the dumped .50c again, reminding me i shouldnt have played big size; stop is 35.75

stopped out for a -$200 loss
$FCEL long here -$50, sold as $PLUG was fading but surprisingly $FCEL actually held

$YOSN .97 for possible $1 cross tomorrow (closed 1.05 so scrap that)
$XTRM gapper
$PLPL gapper

Shorts: 8/16 +$598

$SRPT +$236 (two bad trades in pre, 3 good trades in the early am 2 bad boredom ones later)

$FXEN +$21

$ASTM -$119 - was concentrating on other plays that missed it breaking out

$FCEL +$124
$BLDP +$245
$BIOF +$45 

$NTRI -$116 boredom trade
$FXEN -$13

$SRPT -$325 was short when pt of $63 was released, at first it looked like 80k shares were dumped but it quickly started to climb indicating a trend change so i got out and eventually bought the $36 o/u

$SRPT reshorted after my failed long as it seemed to have exhausted the move up even with favourable news, avg 35.6 +$500