$ABY I traded poorly long and short, chased, used too much size ...
$GERN $ABGB $MOV $BABA traded well.
I really suck at longs, should do less of that (or improve).
Next week again time to focus on only the best setups.
I really suck at longs, should do less of that (or improve).
Next week again time to focus on only the best setups.
Longs:
$BHI had other things to worry about, so I sold, then shorted, not the best trade.
$RTRX held lower high, trying with just a handful of shares; - this setup rarely works for me, won't try it again
$ZAZA same idea as $RTRX, cut it for a small loss; Not feeling it with long positions today
$OXGN bought some at 1.80 and sold for a loss (on IB); it then ran and I snagged some on the dip; That dip buying was a bit premature, added more when it held support and seemed ready for a hod run; sold for a loss
Shorts:
$GERN good r/r here, tends to give back its gains; Started in premarket with 3.20 risk, took advantage of the big pop out the gate to add and let it fade. Traded it well for the most part, upset I let other traders influence me and when I saw a few going long I covered some instead of sticking to my plan;
Later in the day shorted again with 2.90 risk, anticipating a fade
$ABGB 9.50 risk for 8-8.50 reward; Best trade I've made in a while - nice entry, good patience on the cover (but not too patient); Reshorted later in the day with 9.30 risk and 8.50-9 target and covered 9 and 8.80s
$ABY 25.3 risk 23-24 target; shouldn't have shorted big size (for me) on that flat line; at least covered for minimal losses, then reshorted smaller; too stubborn, should not short a flat line 50/50 odds, I should know better ... was getting overly confident as my trading this morning had been pretty good.
At least i got out before it spiked; Later tried it again on hod rejection, missed the entry so chased small, covered for a small profit; A few minutes late it was perking so I longed some 25.5, thinking it could grind its way back to nhods, and sold those for a loss too
$P blarg, again used too much size which made me panic on every 5c move, wasn't a bad trade. Need to chill and trade less size rest of the day; Tried again later, fewer shares; didnt work either, will leave it alone
$PBR the first few prints are in my practice account (paper trading) first real position in at 9.70, covered some for a loss rest at 9.50; overall a losing position
$MOV 27.2 risk 26.5 target - nice trade, love it when a plan works out perfectly
$UEC with 1.80 risk; -2c
$JRJC 7.10 risk with 6.80 and under target; wasnt the best setup; stopped out;
$LXFT far from perfect setup, too spready, boredom trade, need to cut those out; $LXFT some money on the table there, eod it dropped nicely. Still, shi**y trade on my part
$BABA puts took some on that bounce and sold on that pullback. I'm holding a few still, rest of day was such a yawn.
$LXFT far from perfect setup, too spready, boredom trade, need to cut those out; $LXFT some money on the table there, eod it dropped nicely. Still, shi**y trade on my part
$BABA puts took some on that bounce and sold on that pullback. I'm holding a few still, rest of day was such a yawn.














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