Wednesday, 10 December 2014

Trades 10/12/14


Pretty please with the way I traded today, though with the exception of a few reactionary trades out the gate, I should have focused on fewer setups, mainly $WATT and $NQ, so ideally I should have only traded those two.
Missing from here are $TWTR $40 calls which I was swinging and $GREK puts, both were profitable.
Still made too many trades and a few random ones, at least today it worked, still no excuse though. It was mainly that random $BLUE buy that was way out of line, rest of the setups I trade were decent.


Longs: 

$GDP bought for the bounce

$VGGL thinking r/g would spook shorts, so got some on higher lows; worked out well

$CYRN nice patience on the first trade, and nice add; re-bought later as it looked like it was holding and could squeeze, that didnt work out so well; less than perfect setup, erased the gains of the prior trade; sold via IB, the arrow points to about where i sold


$TPLM great trade, just as planned; added again later on a pull when higher lows were established; late day traded it again for a few cents

$BLUE had some o/n which i sold for a profit; then some random dip buy which isn't my forte at all, cost me $150 (bought and sold via IB, trade's not showing here)

$LE caught it just before it made a nice move, shame only on 100sh, nice 50c+ move there; then I became short biased and gave it back and then some

$TSU longed it on news for 10c then shorted it for 50c



Shorts: 


$WATT with .50 risk, covered 7.30 and high 7.20s; reshorted again 7.45; too greedy with the reshorts, it was back down at 7.38 but then bounced back and tested 7.50; when i saw it wouldnt budge, i stayed in the trade, covered half at 7.37 on a quick pull; covered rest for b/e when it looked like it was holding support


$ALLT 8.20 risk; flat line bored me, took profits; nice covers


$NQ under 6.40 support, tight stop, thinking dead cat bounce, looking for g/r fade; add some on a pop, then for the rest of the session, shorted on pops, covered on quick flushes - best trade in ages

$SPY a 3 $205 puts on this pop

$LAYN shorted on lower high, didnt like the sideways actions so covered (in IB hence cover execution doesnt show); it was 50/50, turns out i missed a fade

$CLDN short with hod risk; ended evenish on the trade - spy tanking and $BLUE taking a hit yet this thing won't die. So I covered flattish. Tried again later, burning comms is ok with me as the r/r here is good; didnt work, top watch tomorrow



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