Trades 09/01/15

Made most trades using IB platform, unfortunately I still find it easier to enter/exit positions, using DAS for executions actually slows me down, so I'm afraid on the fast out-the-gate trades I will not have the clear DAS charts.

Did a good job with longing low floater bios on dips; shall carry doing as long as momo is there. Need to get better at letting a few shares ride, hard for my psychologically if I'm not up from the get go though, as I want to immediately protect from going negative

Day started well, except for $ADMP - awful avoidable trade, shorted in pre on some news, right at the bottom and didnt cover quick enough; 
Additionally I was up $500 after 20 minutes, and decided to push it given my flat day yesterday, unsurprisingly that was a costly mistake, I dropped back down to +100 on silly mistakes ($BLFS $ARNA $ADMP) managed to grind back to $460 just before lunchtime; I then got myself into a bad trade on $EDAP and had to work my way out even, so had pretty much almost a full session, up about $300; 

Next time I hit my goal I shall walk away as I have previously this week

Lessons: 

• Quick reactions out the gate
• Largely speaking - be long biased 10-12 and short biased 2-4
• As much as you can, finish trading for the day by 5
• Do not initiate new positions if target has been hit

Trades: 


$AGEN long in pre, cut it for a loss and reveresed to a short
$ALXA had a brilliant long trade on it, but gave it all back with change after not adhering to my stop later in the session

$EDAP long on news in pre; sold for a profit, and re-longed on a dip; nice trade, shoulda respected my new rule and kept some until a lower high ...  did relong later and made 10c ish; and again later, another good trade - nice sells

$ADHD low floater bio, trying to buy on dips; nice trade; left some on the table, but then on the same token i was close to taking if off when i was down a bit

$ADHD I relong, and sold for a loss like a chump following someone's "advice" on twitter that it will crash and burn. TURST PRICE ACTION ONLY; i came back to my senses and re-longed on a dip which worked out well; still gave some back on listening to twitter

$CNAT 6.05 with 6.25 risk, expecting a further fade; worked well, covered 5.80-5.90

$ADMP silly silly silly short on weakness
$FRO on that 4 o/u from watchlist; really annoyed, covered nice on flush but only half, and other half squeezed me out of my profits and into a loss
fro
$ADXS messed up a few times the short there, but made some on puts;