Wednesday, May 28, 2014

5/28/14

More positive moves from the market and more more negative moves from me.  Over traded today and need to limit amount of trades I take on in the day.  100 dollars of commission and fees is not good.  Lots of action today, so here the recap.

IB account
daytrade-DYAX-had small profit that I did not take.  Hoping for big breakout that did not happen.  Got stopped out for a loss.

WATT- nice news released today and was able to exit position.  I sold some shares lower than planned, because I didn't think this spike would continue and wanted to limit the downside.  Ended up hitting my target, so could have better gain.  Glad to be out, if I re enter will be at a much better price for this spikey stock.

DARA- took an overnight position on this.  Was up nearly 100% on the day, so I probably should not have bought.  Small position in part because of this, hoping for a morning run or possible gap up.  Looks to gap down right now.

FCEL- another other night long position.  Sector is getting some attention again.  Will also look to play PLUG and maybe HPJ if setup is right.  Closed around high of day and looks more promising than DARA right now.  Look to sell both early in day tomorrow.

ST account
ended red again.  My daily loses this week have been in check, its the commission and fees taking me down.

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