Thursday, May 22, 2014

5/22/14

Markets be green again sucka.  All of the indexes ended up green, but not by much and supposedly on light volume.  Figured would be on light volume with memorial day coming monday.  Good time for a long weekend.  Am only planning on trading in the morning tomorrow as I expect most people to take off early.  Lets see how the day went.

IB:
sold TSL-tried to give it a chance and swing in my favor.  Had the opportunity for a profit but did not take it.  Sold for a loss, not the best start to the day.

daytrade-Shorted APOL-got word of big rumors around this stock and a large fund shorting them.  Chased a little to get in, missed entrance from earlier.  Covered once I moved my stop loss down.  It got triggered but I moved it to make sure I profited from this trade.  Was a small profit, could have been a large win if I wasn't stopped out.  But profit is profit.  I'll take the win.

ST:
First day using this account.  As I will try to keep reminding myself.  Focus on good trades and do not over trade.  Commissions will add up and erase wins.  Will not give as much info on these trades in this account.

MY-tried to go long and had steady downtrend.
Short MYGN-took forever for it to crack, but nice move.
ROYL-shorted for fader-should have held longer-only got small part of the move.

Overall green today

No comments:

Post a Comment