+$715 Day
+$1599 Week
+$1196 Month
+$13826 YTD (23%)
APOL up 2.50 pre-market, placed tight stop on open, hit for +$372. Too tight, it went not far below my stop and quickly rebounded to new highs.
Trailed stop on DMND as it broke down and became oversold, and also placed a limit. Limit just missed, literally by a penny, stop hit: +$190
Small DMND short @ 28.94, intraday or swing, looking for retracement of that move up.
Scaled into SNDA short @ 56.69. I had to hit re-center on the DOM every .05 seconds just to find out where the damn price went, it was jumping .40-.50 cents at a time. It dropped nicely and I trailed a limit to 55.77, snapped up for +$183 on just 200 shares, and oddly it was below the pivot low on my chart.
My unintentional STEC short from last week seemed to find heavy support at 16.51, so I placed a limit at 16.49 and planned to trail it down. But the damn thing stagnated so long, I ignored it for a while and then it suddenly broke down quite hard before I could respond, so the limit was lifted for an $8 gain, and I was shouting expletives as it fell off a cliff. (I havenât yet attained that requisite professional traderâs calm.)
Scaled into another SNDA short @ 56.30. I had the intention of holding for a swing trade for retracement as it normally does each week, and of adding to the position if it approached the HOD. Then as it broke through the HOD, I thought to check short interest from my Etrade fundamentals page and it said they report earnings Monday, so I put in a stop @ 57.10, not wanting to risk getting stuck in a loser prior to earnings, and it was hit with major slippage for -$400. Yikes! As soon as I saw Monday earnings I thought of GMCR going from 52-week highs in the 55.00 range to 80.00 on earnings. Iâm mad at myself for not checking that first because itâs something I generally look at when considering an overnight trade. It seems they just reported earnings and it didnât occur to me to check.
ESRX puts became nicely profitable and I placed a limit @ 3.00 as the stock price came to the round number 63.00, lifted for +$350.
Late in the day I scalped ANF a few times to the short side. First time went to place a stop when it approached the round number and accidentally left-clicked instead of right-clicked which closed my position immediately for +$22. My intention was to trail a limit on the expected breakdown through 30.00, but the mistake on the stop took care of that opportunity, costing me $20 in profits. Then scalped a couple more times end of day for +$10 and +$13.
It was nice to have the month end green after a few weeks of hanging my head and kicking at rocks. I think I had only one order entry error this week (today) and one major due diligence error (today).
Hereâs to a prosperous June for everyone!
+$1599 Week
+$1196 Month
+$13826 YTD (23%)
APOL up 2.50 pre-market, placed tight stop on open, hit for +$372. Too tight, it went not far below my stop and quickly rebounded to new highs.
Trailed stop on DMND as it broke down and became oversold, and also placed a limit. Limit just missed, literally by a penny, stop hit: +$190
Small DMND short @ 28.94, intraday or swing, looking for retracement of that move up.
Scaled into SNDA short @ 56.69. I had to hit re-center on the DOM every .05 seconds just to find out where the damn price went, it was jumping .40-.50 cents at a time. It dropped nicely and I trailed a limit to 55.77, snapped up for +$183 on just 200 shares, and oddly it was below the pivot low on my chart.
My unintentional STEC short from last week seemed to find heavy support at 16.51, so I placed a limit at 16.49 and planned to trail it down. But the damn thing stagnated so long, I ignored it for a while and then it suddenly broke down quite hard before I could respond, so the limit was lifted for an $8 gain, and I was shouting expletives as it fell off a cliff. (I havenât yet attained that requisite professional traderâs calm.)
Scaled into another SNDA short @ 56.30. I had the intention of holding for a swing trade for retracement as it normally does each week, and of adding to the position if it approached the HOD. Then as it broke through the HOD, I thought to check short interest from my Etrade fundamentals page and it said they report earnings Monday, so I put in a stop @ 57.10, not wanting to risk getting stuck in a loser prior to earnings, and it was hit with major slippage for -$400. Yikes! As soon as I saw Monday earnings I thought of GMCR going from 52-week highs in the 55.00 range to 80.00 on earnings. Iâm mad at myself for not checking that first because itâs something I generally look at when considering an overnight trade. It seems they just reported earnings and it didnât occur to me to check.
ESRX puts became nicely profitable and I placed a limit @ 3.00 as the stock price came to the round number 63.00, lifted for +$350.
Late in the day I scalped ANF a few times to the short side. First time went to place a stop when it approached the round number and accidentally left-clicked instead of right-clicked which closed my position immediately for +$22. My intention was to trail a limit on the expected breakdown through 30.00, but the mistake on the stop took care of that opportunity, costing me $20 in profits. Then scalped a couple more times end of day for +$10 and +$13.
It was nice to have the month end green after a few weeks of hanging my head and kicking at rocks. I think I had only one order entry error this week (today) and one major due diligence error (today).
Hereâs to a prosperous June for everyone!
