Summary for March
I came out this month with guns blazing, pocketing some nice profits from UTHR, AZO, and SYNA but soon after took some big hits, and the rest of the winners were small. To make things worse, I got a call from Scottrade telling me that one of their traders had sold his stock in netflix and that I needed to cover my short monday morning..that was an extra 70+ hit I didnt intend to cover till at least next month. Over all I'm just gald to be green on the month. One thing I need to keep in mind for next month is to not be to quick to short the gaps. If they make HH's then it might be a good chance for a long.
Number of trades this month: 17
Winners --> 8 (47%)
Losers --> 9 (52%)
Top 5 winners/ Losers
UTHR + 386.35
SYNA + 186.00
AZO + 116.49
SYNA + 100.46
NFLX + 87.06
BWLD - 189.17
UTHR - 174.11
RIG - 173.74
JAVA - 137.80
NFLX - 78.21
Total realized gains : 1,023.67 (17.8% )
Total realized losses: 883.09 (15.4% )
NET PnL $140.58 (2.4%)
I came out this month with guns blazing, pocketing some nice profits from UTHR, AZO, and SYNA but soon after took some big hits, and the rest of the winners were small. To make things worse, I got a call from Scottrade telling me that one of their traders had sold his stock in netflix and that I needed to cover my short monday morning..that was an extra 70+ hit I didnt intend to cover till at least next month. Over all I'm just gald to be green on the month. One thing I need to keep in mind for next month is to not be to quick to short the gaps. If they make HH's then it might be a good chance for a long.
Number of trades this month: 17
Winners --> 8 (47%)
Losers --> 9 (52%)
Top 5 winners/ Losers
UTHR + 386.35
SYNA + 186.00
AZO + 116.49
SYNA + 100.46
NFLX + 87.06
BWLD - 189.17
UTHR - 174.11
RIG - 173.74
JAVA - 137.80
NFLX - 78.21
Total realized gains : 1,023.67 (17.8% )
Total realized losses: 883.09 (15.4% )
NET PnL $140.58 (2.4%)
. charts from march will be uploaded soon to ET and the blog.