Some poor trading today, again not adhering to my rules, traded too many tickers out the gate, turned losers into bigger losers ... worse trades were $VCEL where I didnt stop out where I planned to.
Worked really hard to make $$$ on $ORMP and lost $250 on a stupid $VCEL trade ... that's why trading is hard, that's why I got to cut losses quicker
Other than missing on the BIG moves $ORMP, am happy with the way i traded, only one losing trade out of 6-7 on it today
+374 - will work tomorrow on NOT making silly trades out the gate and cutting losses quickly, today should have been a $500+ day
Trades:
$DGLY first entry chase, second was ok - didnt take small profits when had them, and didnt stop quick enough
$ORMP holy crap - it ramped $2 from where I bought ... I only scalped it
$ORMP chased back in, added on dip, and held is it seemed to have held nicely, waiting for a pop to exit; it did indeed pop, nice setup there, could have been more patient with first entry and it would have made it a great trade;
argh as I write this it spiked 50c; on the other hand, I could have sold it for a loss there as well so one shouldn't complain
$VCEL - chase entry, didnt respect stop ... trade set me back $250 for nothing
$ADXS on news, could squeeze ; sold 2/3 into the squeeze rest i was too patient with; way to go selling top and bottom
$ORMP holy crap - it ramped $2 from where I bought ... I only scalped it
$ORMP chased back in, added on dip, and held is it seemed to have held nicely, waiting for a pop to exit; it did indeed pop, nice setup there, could have been more patient with first entry and it would have made it a great trade;
argh as I write this it spiked 50c; on the other hand, I could have sold it for a loss there as well so one shouldn't complain
$VCEL - chase entry, didnt respect stop ... trade set me back $250 for nothing
$ADXS on news, could squeeze ; sold 2/3 into the squeeze rest i was too patient with; way to go selling top and bottom
$ORMP again on this bullflag setup
$ORMP again, this time it held .80s and breaking out of lower highs formation; plan was to sell up to the vwap line
$NEON i like the setup on the daily, took some 3.36; sold half when it dropped under 3.30, but then it bounced right back; sold some into that push, then rest for a loss;
$NPTN overextended on the daily, forming head and shoulders intraday; took most off around 7; alas covered much when it was testing vwap and seemed to have held; good thing though I added to a winner for a change on the way down
$ORMP again, chased thinking a vwap break and run; this was my one losing trade on ORMP, deservedly so
$CALA small position on breaking this lower highs trend; didnt give it enough time to work
$ORMP again - could really squeeze now it's above vwap; big offers at 7.40 scared me out of most of the position
$NPTN reshorted on a bounce; would have been nicer had i held some of the original position, but recognised this could go lower so have to content with the lower average; covered on a mini-wash, and re-added on a bounce. Then covered half again at lod, and then again
$ORMP
$SGNL a bit of a chase, looking for retrace back to vwap; got it
$ATHX sold some of the calls i've held for a week or so
$FNJN on news
P&L:
No comments:
Post a Comment