Friday, 20 June 2014

Trades 20/06/14


Good trading today - gappers did most of the work ($WSTI) and a few decent trades in the first half hour put me $650 ahead.
Decided to implement yesterday's lesson and took only 1/5 position sizes from them on to practice.
Finished up $620

Trade Highlights:


$SHPG took some on the dip after the big premarket run

+$40

and another $80 - next time i see this pattern I'd risk more and hold for longer ... great r/r

$WSTI +$575 on gapper
$TTNP -$50 on gapper
$CYDY -$100 gave it chance to break $1 convincingly, it didnt
$FCEL 2.52 with 2.50 risk on $PLUG $BLDP ramp +$126 settled for a few pennies, might re-enter later 

$BLDP -$43 traded it twice on a little pull, both time got out for -2c
$AMKR (puke) had 500 o/n, logged in early and saw the spy being up so I took it off at 11.63 for -$10 ... it slapped me in the face with a huge drop down to $10.85; i shorted 500 at 11 when it recovered slightly, covered half at 10.88 rest 10.70s +$71



$SCTY +$50 on the long (two trades) -$112 on calls 

Got out right on time (69.25) otherwise would have lost half on the calls
$FLML 15.2 with $15 risk
-$20 got nasdaq'd

$ISIS

+$30


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