Thursday, 1 May 2014

Trade Recap 01/05/14

Slow day again, happy to end up $400 - cut losers short (winners too unfortunately) but overall ok day. 


$TWTR +$60 - been avoiding playing big size with these type of stocks until a get a good handle on them, below is an example how sometimes the chart is so easy to read and does exactly what you'd expect it ...

I was short 40.20 and covered half at 40 u/o and rest 39.80;
SPY getting weaker certainly helped; A bit more learned patience and it's a $400 trade instead of $60 ...


$BLGO +$200 - just some overextended and illiquid OTC; Shorted 1.05 yesterday covered .85 today

$MACK +$260 - good play long and short, took only 200 share positions each time I traded it

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