Tuesday, January 5, 2016

01/05/2016 Trade Status $AVID, $SUNE, $LEI, $GSI

Today I traded 4 tickers: $AVID, $GSI, $SUNE, $LEI

Let's start with $LEI. My plan is to short more of this ticker today but ST doesn't have share to short so I take a scalp long for but the volume getting weak so I exit the position for quick $0.15 profit.




2nd ticker is $GSI. This one was halted yesterday. I start in short with average $4.17 scale up to the risk at $4.37ish because I saw the high, lower high, and lower high. I could have cover around $3.42 twice but was to patience on this trade end up cover around $3.63ish for $0.60 profit. Still learning the patience rule.




$AVID, I saw the high $8.32, lower high $8.20ish and 3rd lower high $8.14 so I'll consider risk either $8.14 or $8.20ish. I start in short around $8.02 and scale up. Somehow I didn't feel right so I just keep the trade and cover $7.88 for $0.20 profit. This one was too patience. Anyway I am still learning :)


$SUNE is the last trade and didn't doing good on this one. This is consider boredom and finger press on the wrong key. I saw it crack below $5.66ish support level at three spot 10:00am and 12:18, 12:24. Therefore I start the short and scale in as goes down $5.57ish. My risk level would be $5.66. It's start to ramp up then I scale some more around $5.65 but I press the wrong button end up cover my shares. Then I short again $5.65 but didn't crack so I cover $5.69ish for $0.04 loss. Thank you for reading.. Good night.







Overall trade today is "GREEN".

2 comments:

  1. Hi man, ur trade in GSI was with the Michail rules or why the yellow lines?? thank you in advance!

    ReplyDelete
  2. Guillen, no those yellow line are the risk level that I draw it. But I also use Michail rules too but I deleted the line before capture that chart.

    ReplyDelete