Made some good trades out the gate, could have been more patient but i was juggling to many position at the same time;
$CHOP and $ROSG o/n positions and silly $PSTR uncancelled trade from yesterday brought me to just about even on the day instead of being up nicely.
Further trades on PSTR BCLI put me into the green again; -400 on o/n positions hurt me today, need to review again what I take o/n;
Made a few too many trades, but not more than 2-3 positions at the same time. Traded in and out rather quickly
Trades:
$VLTC in pre, small position - added and sold into the morning spike; made another trade a few minutes later, wasn't the best entry but it came back
$PSTR I must have had GTC sell orders from the day before (why GTC?) that I hadn't cancelled, and they got executed premarket ... I immediately covered at the offer and that silly mistake cost me $150 ...
$PSTR made back those losses going long out the gate; left a ton on the table ... geeez
$PSTR again on a dip
$VLTC again
$NYMX on vol pop
$BCLI on news; in 4.75 out for 10c,
$PSTR again, patiently waited for this pop; cant complain about the missed gains as after the pop that i sold into it quickly dived under 6 before popped back up
$PSTR looked about to spike
$PSTR twice more, once cut it for even, second time worked better
P&L:









another good green day. you are trading more than normal though. remember less is more
ReplyDeleteyes, you're right, thanks!
ReplyDeleteWhat is your typical share size?
ReplyDeleteA: For stocks between $1-$5 usually $3000 to $5000; Stocks above $10 usually in 100 lots, and no more than 250;
ReplyDeleteHi are you using Fixed or Tiered commission rate on IB.
ReplyDeleteThanks
I'm using the "per share" comm rate
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