Wednesday, August 5, 2015

Aug 5 --- go where the money is

This is Will Sutton

He said he robbed banks because that's where the money is.   His quote become famous. 
As much as I like trading breakouts.   I can't deny that I've been making more money on my shorts.  

ONDK short. 10.51
 This one was textbook for a short trade.  

ITEK: long.  Analysis was right.  Execution was mediocre as I raised my stop too quickly and was taken out on an intraday pull back.  The downside of being too loss averse Is that you give up upside.

Keep an eye on this one it could keep going.

GMCR: wow, just wow.  This was a amazing short as it missed earnings.

New Positions.
ZINC-- short

PBYI: Short.

Current positions.
Shorts: GFI


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