Wednesday, 21 January 2015

Trades 21/01/15


I have this psychological block that if a stock is down 5% I get a serious itch to cover, and if it's 10% to cover all ... this is how I miss moves like $ADXS
I've seen it enough time to have the conviction to hold (while selling along the way) for the mini-homerun instead of leaving $$$ on the table, as this will adversely affect growing my account size.

That aside, good trading today, again traded $ADHD well 

Lessons:


  • Helps to GET TO KNOW the stocks you're trading (re $ADHD)


Trades: 

$SCOK scalp long SCOK when it held 3 in pre for a quick 10c; a tad too soon, but you (I) can never tell with these, they could just fade right back, and given the chase I was happy with any profit at all

$ADXS was short o/n and held a few $10 puts, sold them all today

$SRNE - no bacon srne for me, tried a few times, didnt work

$ADHD added to swing short from yesterday, felt if $7 doesnt hold it could flush; nicely read, again

$EDAP added to swing short from yesterday, and closed it today

$NVAX hod risk; didn't like my entry, so cut it quickly; re-tried shortly thereafter; better trade 2nd time around ... though it wasnt a big enough position to hold for a long fade unfortunatley

$NVIV scummy otc so only 500sh, like the look of it for 2 mov; worked ok for almost a dime

$NXTD small 3.10 been resistance past few sessions; boredom trade, might revisit later


$AMZN played calls and puts tiny on that rollcoaster of a day it had had ... i should probably have grown bigger balls but i'd rather play price action than these type of scenarios;

$BBRY calls however didnt pan out so well on the new buyout rumours

$NXTD tried the long, partial fill on this nice setup; nice sells


$ADXS another tiny chase short

$FXCM trying on this break of lower highs trend

$FXCM and again 

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