Wednesday, 28 May 2014

Trades Recap 28/05/14


Today really sucked, very few good trades, some other setups which I could have minimised losses on too.
Had to leave at 2pm est which put more pressure on me to do well which unfortunately had the opposite effect.
First red day in a while -$500 today


Trade Highlights:



$VVUS took some $6 calls, should have done more research first, as soon as I realised I took some puts to hedge -$400
$VVUS shorted at 5, waiting to see if it can lose bottom before I cover
+$111

$SCON bought some 3.06 and sold half 3.18 then bought back at 3.06


$LIVE long here, i like the basing at 4.80; risk is 4.80 target nhod
+$55
too soon :)

$LIVE 5.05 risk nhod target -$25, it dropped back to 5.10 and looked bearish i got out
Glad i did
$DARA long here, 1.83 risk, targets 2.09 and nhod
$DARA well that sucked, it quickly turned into a Trunk Pattern, should have realised and cut my losses quicker -$332


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