James Brick and Mortar Discretionary Trades

>> Trade Update <<

Sold 900 GRMN@49.25...

Remaining Position: +2500.

EDIT: if they pop (say right to 49.65) past 49.50 i may sell more
 
>> Trade Close <<

GRMN now choppy to the downside. just closed remainder with a small scalp @ 49.2

bringing combined trade result of GRMN to: +1183 US$.

I call it a day.
Day could have been really good despite being a choppy one, if i didn't close that MOS short. There weren't any big trades out there for me today, risk was at a combined max risk of around 5k.

todays results (there were some others not active trading related trades):

GRMN: +1182$
MOS: -952$
FDAX: -161 EUR = -213 $

Total: +17$
____________________________________________________
New Balance: 520'236
(+20'236 since start of journal/week/month)
 

Attachments

Quote from HurricaneUS:

MOS has a very good shot of getting back down to 57.....no..not because of the gap...something else

try and hang with it..

Good call!
 
>> Trade Open <<

Short FDAX 4@6867.50.

falling back, after upmove try earlier, expecting some more profit taking still greece sell-on-good news related.

stop 6910ish
 
>> Trade Update <<

Holy molly... nice down leg... closing half right now...
6820-30ish...

Oo, going lowere again...

2 shorts remaining... I know its not good to take off into this kind of momentum, but couldn't resist
 
>> Trade Update <<

2 shorts remaining, closed 6 so far, along some attempts at small scalps.

Stop put to entry level 6960.
Looking for <6800, probably would even wait for <6750.
 
--- US Market Outlook ---

Interesting Stocks:

HPQ - down 4% on earnings:

-crazy moves in AH Trading yesterday... got pushed into green and then slowly retreated back down...
- on watch but not so likely to take a trade.

VVUS - up 106% (!) FDA Panel backs key drug: related stocks ARNA OREX

- well, not too much to say about this one... looking for momentum for a possible trade

SHLD - up 13% - mixed bag of news, earnings, updates, guidance, cost cuts

- Once more on my watch list...
- Looking for possible fading.


Market Sentiment:
- I see quite a bit of risk to the downside today... with european markets weak, and a bleak outlook on european GDP (revision down GDP, up inflation)
 
>> Trade Open <<

Bought HPQ 10k @27.40 on pull back up.

Tried to short SHLD, no shorts available at IB.
Short VVUS 2k@20.50...

All trades not looking too good right now... overall market weakness not helping HPQ
 
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