Monday, 23 June 2014

Trades 23/06/14


Good trading today - started ok and then gave it back ($NSPH), then found a few decent setups to get back in the green. 
$PRKR in *hindsight* I should have played much bigger, it's just that when a stock is down so much and there's panic it's difficult to go long big. Gladly I did take a few calls which made this day rather straightforward.
Only one silly trade, $GWPH calls when it was just going sideways; 50/50 is not good r/r
Finished up $950


Trade Highlights:


$NSPH +$90

$NSPH gave it all back and then some, had a chance to exit with a profit on the second trade, but was greedy and misread the move -$160

$GBR +$158

$ECYT had a good setup for short, missed it, chased and covered for a loss, then took some long -$14

$NAO this could have been such a disaster, i didnt cut losses quickly on a poor entry, gladly doubled up when the setup seemed better, and was patient enough to see it thru +$100

$LIVE -$84 tried some on the pullback from highs, but it kept going lower

$FRO -$58 chase; didnt quite test the highs again, glad i respected my stop as it faded rest of the session

$TNK
$MVIS +$154 good vol, seemed worth the chase, gladly i sold on the way up

$BRCM covered some on the wash, rest held for lower and ended up covering them even +$25

$ACHN +$60 I dont like shorting into a weakness, took a small chase position and it worked out

$PRKR +$91, bought tiny 500 shares on a perk, then again 1.9 to 2
$PRKR $2 calls, took 40 Jul $2 contracts at .23 avg +$400
$PRKR $2 calls, 20 Aug $2 contracts .40 avg +$264
$TEG +$64  monster fader, faded another $1 from here

$TSLA took some $240 calls here +$20

$ONVO 7.38 on sector momo, lagging behind $DDD $VJET et al +$51; was too choppy; added on a low vol drop and sold into a spike; might re-test 7.50 but too choppy for me




$GWPH took some GWPH $100 calls on this consolidation; -$150 should have waited for a perk


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