Very busy first hour ... again didnt do a good job at all. Juggled too many positions instead of focusing on fewer;
Was up $400 in pre, then gave it all back on a poor $GBSN trade out the gate, figured it will squeeze up, instead it tanked;
The end of the hour I made it back on $GBSN And decided to take it easy until the final hour.
Didn't quite take it easy in the end, perhas easy-ier.
Ended the day well with a good trade on $LOOK (to make back am losses) and overall not a bad performance.
Again the theme is be more patient with winners, and focus on better entries
Trades:
$GBSN on news in pre; worked very well (in 4.20s out on the climb up, mostly in the .50-.70s)
$GBSN again on this flag
$ENZN bought some 1.60 chase, cut it 1.53 (it subsequently dropped to 1.30, good job cutting it)
$GBSN again - these flags are less reliable the more often they occur
$GBSN gave some back trying to catch another pop in pre; got in out the gate with a poor avg at almost 5, sold pretty much at lods. was back to 0 on it, gave back all of the premarket gains ... Bought on that big spike that followed and traded it much better from that point, made back the pre gains with some change. Made this trade way more difficult than it should have been. a bit patience with my first buys and i needn't have traded it again at all
$GURE was short some o/n; covered for a dime
$VLTC played the $20 break for $1
$LOOK had some o/n and added a chase after it went r/g; learned again you cant win with a poor entry
$URRE $URG small positions on uranium momo - took a few cents on each
$RCPI popped on scanner, tiny vol longed 3.40 sold 3.60s
$ZHNE went long and sold it and shorted given it lost momentum and under vwap; was as patient as i possibly could be, made back the loss from the long with some change
$ONVO tried the vwap bounce here, but was too much of a chase
$ZA tiny position on this low float nearing a $1 cross; nice setup on the daily too; took 500 .98 and added 500 at 1, sold on the subsequent pop
$GBSN tiny here
$GBSN gave some back here; wont touch it again unless the setup is incredibly incredible
$LOOK silly chase trade in the morning on r/g; didnt wait for a pull and paid the price; later in the afternoon repeated the mistake - started emotionally on a pop, intended to add if it pops thru vwap; ARGH! rather upset, DAS choked on me just when it was time to add; added 1/3 of what i wanted with IB and then sold on the pop; didnt get to size in on this; made back silly losses from earlier
$NKA bought for a gapper, took the quick small win instead
P&L:













No comments:
Post a Comment