Market breadth flags here.
Trade Spreadsheet.
1/24
WATT - nailed on downgrade
Made 1.05 on this trade, probably covered too quickly but I question whether this was my trade to begin with.
Showing posts with label URRE. Show all posts
Showing posts with label URRE. Show all posts
Tuesday, January 24, 2017
1/23 -1/24 Trades- Sector risk back on
1/23 -- Did a great job of being disciplined, Closed OCLR for even.
Market breadth flags here.
Trade Spreadsheet.
1/24
WATT - nailed on downgrade
Made 1.05 on this trade, probably covered too quickly but I question whether this was my trade to begin with.
Market breadth flags here.
Trade Spreadsheet.
1/24
WATT - nailed on downgrade
Made 1.05 on this trade, probably covered too quickly but I question whether this was my trade to begin with.
Saturday, November 15, 2014
Opened (and then almost immediately closed) BBRY, CYBR, URRE
I made a number of poor decisions and jumped in to stocks that were moving without a well formed plan. I made money on all of them, but not much. A big $15 on BBRY. lol I need to figure out what is going on or I next time I won't be that fortunate.
My $15 gain in BBRY was probably the best decision I made as I came to my senses and realized that I was just chasing a stock that was already extended and hoping that I would be lucky. When I realized I was relying on hope. I realized there was no purpose of being in the trade so I cut out. Now had I held I probably could have made a few100 bucks before it reversed (which it did) and I could have wound up with a big loss.
CYBR:
Entry 40.77
Exit 41.15
+.25R
Cybr had actually set up well after making an earnings related move. My trade starts to work and I get nervous at the first wiggle. Had I had actually committed to a stop this would have been a very profitable trade. I'm trading scared, which is not a good place to be.
URRE
On Friday morning, I look at my uranium watch list I see that the price of uranium has jumped and every single Uranium stock is up sans one URRE. Urre has the smallest float and makes big moves. Although I don't love this type of chart set up, I hit the bid betting that it rises with everything else.
Yep. Within a few minutes its up to 2.18 at 2.20. But then the bid slides to .15 and then .13 ok I'm out for a 6.5% gain. That's not a good way to trade. There was no reason to sell at all. It would hit a 2.35 HOD.
Entry: 2.00
Exit.: 2.13
.4R
My $15 gain in BBRY was probably the best decision I made as I came to my senses and realized that I was just chasing a stock that was already extended and hoping that I would be lucky. When I realized I was relying on hope. I realized there was no purpose of being in the trade so I cut out. Now had I held I probably could have made a few100 bucks before it reversed (which it did) and I could have wound up with a big loss.
CYBR:
Entry 40.77
Exit 41.15
+.25R
Cybr had actually set up well after making an earnings related move. My trade starts to work and I get nervous at the first wiggle. Had I had actually committed to a stop this would have been a very profitable trade. I'm trading scared, which is not a good place to be.
On Friday morning, I look at my uranium watch list I see that the price of uranium has jumped and every single Uranium stock is up sans one URRE. Urre has the smallest float and makes big moves. Although I don't love this type of chart set up, I hit the bid betting that it rises with everything else.
Yep. Within a few minutes its up to 2.18 at 2.20. But then the bid slides to .15 and then .13 ok I'm out for a 6.5% gain. That's not a good way to trade. There was no reason to sell at all. It would hit a 2.35 HOD.
Entry: 2.00
Exit.: 2.13
.4R
Monday, November 10, 2014
Day Trade URRE
Uranium stocks were on my watch list this weekend after they put a big move in on Friday. I targeted URRE because it had the smallest float and a higher relative volume than most others.
I watched the sector take off this morning. As URRE came in from 2.49 I bought it at 2.33. Some of the leaders like CCJ were catching a bid so I figured the bids would come in on URRE.
It turned out to be a very good trade. I sold 20% off at 2.54 rode the rest to 2.60.
Entry: 2.33
Exit 1 2.54 +.21
Exit 2. 2.60 11.6%
+ 1R
Not a bad little trade I had enough size to make over 10%. Have I left money on the table, perhaps. But I would always rather sell when the stock is still going up than when bids are falling away.
I watched the sector take off this morning. As URRE came in from 2.49 I bought it at 2.33. Some of the leaders like CCJ were catching a bid so I figured the bids would come in on URRE.
It turned out to be a very good trade. I sold 20% off at 2.54 rode the rest to 2.60.
Entry: 2.33
Exit 1 2.54 +.21
Exit 2. 2.60 11.6%
+ 1R
Not a bad little trade I had enough size to make over 10%. Have I left money on the table, perhaps. But I would always rather sell when the stock is still going up than when bids are falling away.
Subscribe to:
Posts (Atom)