Monday, April 7, 2014

4/7/14

Little bit better day for me as my number of open positions is fewer than was typical before.  Being mostly cash right now feels good and much safer.  I woke up late today but it didn't hurt me.  I had an order fill premarket which I thought was just a wishful order to cover my short over the weekend.  I covered some other positions but these were for small losses.  These losses were kept small and won't kill my account.

OH account
Sold position in PESI.  My stop loss was hit and ended up down around $30 on this which has been open for about 2  weeks.  Only 1 position open in this account right now.

IB account
bought to cover WATT.  This was the accidental position that I let breath to not use a day trade.  Ended up being a dollar/share win.  Best mistake I could have made.  Low of the day was premarket and about a nickle from my buying price.  Again, lucky but I'll take it.

Sold VTNR for about breakeven.  Was originally going to be a day trade that I got into with super but turned into a swing.  Sold a little early as it ended up spiking a little and could have had profit.  Thats alright, small loss on this.  Under 50 is fine with me.

Used a day trade on RDNT.  Was a breakout play that continued for a little and I played pretty well.  Sold at 3.91 and high was 3.97, hardly any volume up there but it touched it.  Kept moving my stop loss up and got a good gain.  Happy with trade and found this play myself.  Will continue to look for these every other day, would be everyday if no PDT limitations.

Also bought BODY.  Been some noise about hedge funds coming into this company and they are on the verge of a breakout.  I bought during a failed breakout and still holding.  Ended the day even, where it closed on friday.  Volume is up some, hopefully this will continue to pour in.  Also alert from Pedone, so in article on street and his social media posts.


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