Tuesday, 12 May 2015

Trades 12/05/15


Don't have the first two charts today, I entered/exited some trades in IB at the open so the little arrows on the DAS charts won't be there. 

Still wasnt feeling 100% so planned on just closing o/n positions, however got myself into a pickle on both $PTBI and $PTIE and unsurprisingly as I wasn't feeling 100% I couldn't quite trade at a sufficient level

$PTIE i profited on the initial move up, but then was too biased it was going to make nhods, that i lost what i made on the initial move; i decided to switch to being short, and took a largish position, and was patient with it (for me, it did drop further 50c from my covers...) 
That trade made my day. Late day came CRTN which improved it. 
Overall good result today but should have been more focused at the open


Trades: 

$PTBI traded in pre, started off ok, then didnt cut it when it went against me, added lower instead; sold into pops but didnt save any for original plan for a perk over 9.40 and possibly r/g. it seemed so weak, and my mindset was screwed so I just wanted to cut it for a small(er) loss ended -150 on the position after being down 500 unrealised, poor risk management here; especially shameful as it did indeed  rip thru 10

$VGGL thought it might rip when it approached hods out the gate, however couldnt give it my full attention as i was focused on PTBI; cut it for -20c


$PTIE I messed it up badly; made a good trade out the gate, then was so sure it was going to make nhods that i had a bad 3.50 avg, and didnt sell for a small profit at 3.60s, instead i cut it at 3.30s, giving all the gains back. I then became short biased with a large position again not at an ideal entry of 3.35; added when it was rejected by vwap


$PTIE reshorted here


$HOTR popped on scanner

$CRTN popped up on scanner, apparently signed some serious contract. low float

$
P&L:




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