Tuesday, 15 July 2014

Trades 15/07/14


* buys/covers are marked on the charts in blue, sells/shorts in red *

Finished up $700 or so. 

Trade Highlights:


$NEWL +$258 traded multiple times, pre and during session
$GLUU +$126


$ASMB +$101 had some overnight, added on the 15% pullback



$CDXS -$80 - big miss here - the longs were poor but I cut them quickly, timed the short well, and covered well too soon


$SPY 198 calls +$200 - awful trade overall, did ok to begin with, then it went against me and I kept doubling down. My rational as opposed to yesterday's failed trade is that it takes much less for me to b/e on these calls compared to if I was down on an individual stocks, so I allowed myself to break my rules. It worked in my favour, but I wasnt really in control, I was wishing to b/e, wasnt in the trade for a good reason. Will try to make sure this doesnt happen again (CUT LOSSES QUICKLY!!!)

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