Thursday, 19 March 2015

Trades 19/03/15


Another quick session here, upset with how I traded $CNDO, they did a great job making it look weak around 3.80s, and missed my add in the 90s; and as usual sold all on the first pop



Update:
Traded $ZIOP and $CNDO (winners) $MVIS (loser) to add $160 to p&l 

Another Update:
Traded $FOLD when it broke uptrend +$150
 ended up $600ish

Lessons:


  • For the 100th time, save some for a secondary pop, or until lower high (re $CNDO)


Trades: 

$MVIS weak open r/g; sold into the pop; would have gone short on subsequent pops, but no borrows


$FOLD small position expecting a pop out the gate; sold half for a small profit, half even

$CNDO with .90 risk; just missed another 500sh add in the 90s which would have allowed me to be more patient with partial; instead sold all into the first pop


$AXXE closed rest of position from yesterday






$MVIS bought the top like a chump. thought it might squeeze


$CNDO tried twice more, first time i cut it way too soon, no conviction; second time tried to be more patient



$ZIOP bought on sector strength. sold when it seemed like it couldnt get over 14; it did seconds later




P&L:



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