Tuesday, 20 May 2014

Trades Recap 20/05/14


Sloooow day, happy to have found a few decent plays and finish up $700


Trade Highlights:


$FEYE +$170 - played some $28 puts when it spiked to $30+, in at 1.60 out 1.75-1.80
$WIIM +$286 - shorted first sign of weakness, 24 avg, covered 20-22
$NEWL -$100 - tried a quick long scalp, was too jumpy 
$RNBI +$100 - covered some position at .163 (from .19)
$MJNE +$171 - shorted yesterday at 8 meant to hold for a while, however given the liquidity (lack thereof) and spread, I hit the offer at 7. It hit 9.35 shortly thereafter so happy with that cover 
$UEC -$9 - I completely messed up this trade; was in at a bad 1.60 avg added some 1.66 and it kept bouncing off 1.60 so I covered next time it hit 1.60 and then it collapsed. Can't blame myself for being content in breaking even on this trade, but should have remember the big picture and why I have entered the trade. 
$NEWL +$110 - took some for potentially gapper but took the quick gain instead

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