Wednesday, 11 March 2015

Trades 11/03/15


Disappointed with how I traded $JOB ... as described below, should have been up $300 on it today instead of being even or down slightly ... just completely messed it up;
other than that, good (small though) $MELA trades premarket.
$AXN had a crappy avg but managed to get something out of it; $CRMD at least i ended up on it ... such a tricky one
+647 today

Trades: 

$MELA premarket trades on news




$BLRX on news, lost 2c

$JOB i made such a mess out of this one; had 1k o/n short, covered and went long 1.30, sold for a loss 1.25 and went short again; at this point i'm down $300. The short position paid off and eventually managed to almost b/e. 
when it didnt gap down i should have immediately covered, and had a fresh mindset to short the pop rather than go long; such a layup setup and i messed it up


$GSAT on news premarket trades

$AXN was short o/n, covered some in pre, then it unexpectedly popped, added a few more with hod risk; had a really poor average, but at least had conviction that this pos is going to go red; ended up covering along the way, had sizeable position (for me) with a bad avg, didnt want it to squeeze given most of the action today was likely to have been short selling; will re-short if it goes near vwap again

$ASTC shorted some at the open 3.95, overextended daily failed at $4; covered 3.80s and 90s, vol wasnt there today













$CRMD long, expecting r/g move; almost got it, this time i'll watch for higher lows, in case it r/g later unfortunately i forgot about it;


$REPH small position s/s (as it's a bad entry), looks fadey - got nice cover fills on this flush, rest covered higher 


$CRMD i'm so sCRMD of this one ... tried to short a few times  during the session and covered for tiny losses, until finally got one right; with so many fakeout breakdowns, I took quick profits and didnt stick around for a homerun win



$CRMD re-shorted later, maybe if it closes weak will hold some o/n; happy as long as it stays under 8.5; well i took it off when it flushed a little


$VRX took a small s/s on this bounce, missed the earlier bounce

$SLXP quick small scalp


P&L:

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