Trades Recap 23/05/14

Pretty happy about the way I traded $LIVE today - usually I'd be too short biased from the get go, instead I saw the first consolidation after the big open and went long, and again when it consolidated. Could/should have used more size, this will come in time I suppose; Made $300 on LIVE longs and 500 on shorts.
$YOD however was overly long biased to a point that I ignored my gut telling me it's going to dump and indeed it had; also I took a larger than normal position and lost $300. 

Taking small positions and concentrating on the good setups, cutting losses short had worked really well for me past two weeks, with today being the exception.
Closed up $350








Trade Highlights:


$PTCT -$155 had one good short for $60 then two failed attempts at a long - these finding the bottom plays aren't for me; the avoidable trade of the day

$WPWR +$100

$LIVE usually I'd be short biased, however so this consolidation and figured another leg up coming, sold half 3.59 half 3.47 +$115

$LIVE shorted 3.80 covered half 3.66 being patient with other half

Covered other half 3.82 then reshorted 1k at 3.8 and covered 3.56 half for b/e +$150

$LIVE another long (small) 3.88 sold 4.05 +$85

$PE 22.25 with 22.2 risk and 22.5 target

Argh, had a quick conversation with my wife and it drops .20c without me noticing

$LIVE again short here; 4.60 risk or if 4.50 holds, looking for a gradual fade rest of the day

covered 3/4 half here at 4.30s, rest a little higher +$350

Nice covers

$YOD risking 10c for 20c

Basing here, actually looks bearish now

Should have trusted my instincts; dipped to 3.15 managed to get out at 3.30, bad trade, sized in on the way up should have kept tighter stop -$324 this time being overly long biased was my problem, chart above clearly indicates a move down