Tuesday, February 2, 2016

02/03/2016 Stock watchlist:

02/03/2016 Stock watchlist: TEX,SWFT,GLNG,ECPG,AXLL,WMLP,PACB,OPHC,VBLT,SGOC,IDTI,RCII,AMDA,WLB
http://finviz.com/screener.ashx?v=211&t=TEX,SWFT,GLNG,ECPG,AXLL,WMLP,PACB,OPHC,VBLT,SGOC,IDTI,RCII,AMDA,WLB
2/3/2016
TEXsfail 21.50
SWFTsfail 15.50 or l 17
GLNGsfail 16.50
ECPGsfail 20.34
AXLLsfail 16.00
WMLPlover 4
PACBsfail 12 or l over 14
OPHClover 5
VBLTsfail 3.74
SGOClover 3.50
IDTIsfail 19
RCIIsfail 11
AMDAlover 3.70
WLBsfail 6.71
         

02/02/2016 Trade status for $GLNG,$HNSN,$INO,$TMST,$IDTI.

I trade too much today.. Too many tickers. Over trade.
,$HNSN,$INO,$TMST,$IDTI.

$IDTI This ticker was on the gap down and I want to see if I can short base on the selloff.

It start to sell hard on premarket. I sit and stare as it go lower and lower. I don't like to trade premarket because it jump too much... I can't resist so I have to jump in with the risk at $21.00. I start in short $20.80 wait for market open and start to sell off more... I cover $19.45 over $1.00 profits. Start to put some Mr. Benjamin Franklin into my pocket for cusion and scan for the next stock setup.


$TMST, this trade come along because it's on my watchlist yesterday. I traded yesterday and didn't go as plan so I was thinking I am going to get it straight today. Guest not. I make more mistake on this one. Plan is to short if fail risk level $7.06. I start in short $7.03 & $6.93. It crack a little to $6.86ish and moving back up to the risk level. This is where I make mistake. I didn't cut loose instead of hold and it taking me for a $0.50+ ride to the upside. At this time, I am down.  I decided to short more as it fail $7.50ish. It start to come down. I was right, for just a little bit then heading back up higher. At this time I decided to cut off everything around $7.83ish. If I cut off everything at $7.06 then I would not lost this trade.. I just keep repeating this bad habbit many time this month.

I just hug this ticker today, don't know why. I short again $7.56 as it coming down risk $7.62 fail support level. This time I make good decision to let it go at $7.66 because didn't crack below $7.62 as my risk level.

$INO is on my watchlist for couple of days, now start to sell off. My plan is to risk $6.51ish fail support level. I start in short $6.50 as market open then I cover $6.29 as I saw it hold $6.09 and moving back up. Cover for small profit.


$HNSN is a good one today.

This ticker was on my watchlist and twitter alert. When it fail $4.42, I start in short $4.40 then it moving up so I cover $4.59 (obey my plan). I short again $4.40 as it come down below my risk level $4.42. I cover some at $4.33. It moving back up but not passing my risk line $4.42 so I short $4.36, $4.26 and cover some as it move up $4.26 level. Then the downside just keep coming so I short more and more with the risk at $4.31ish. Total over 4000 shares short. I cover all around $3.80, $3.81ish for over $1500.00 profit.




$GLNG take a stab at $17.05 short with risk at $17.14. I saw it moving up so I cover $17.17. I obey my plan on this trade and manage my risk very well. If I do the same for $TMST I would have bank over $4K today.



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Monday, February 1, 2016

02/02/2016 Stock watchlist:

02/02/2016 Stock watchlist: TEX,SWFT,VHC,GLNG,ECPG,SXC,AXLL,TMST,EYEG,HNSN,AYA,CIG
http://finviz.com/screener.ashx?v=211&t=TEX,SWFT,VHC,GLNG,ECPG,SXC,AXLL,TMST,EYEG,HNSN,AYA,CIG
2/2/2016
TEXsfail 21.50
SWFTsfail 15.50 or l 17
VHCsfail 4
GLNGsfail 16.55
ECPGsfail 20.34
SXCsfail 3.62
AXLLsfail 16.00
TMSTsfail 7.45
EYEGlover 4.50
HNSNsfail 3.33
AYAsfail 12.84
CIGsfail 2.14

        
1

02/01/2016 Trade status for $HNSN, $TMST, $WATT

Let go over these three tickers today $HNSN, $TMST, $WATT

HNSN. I saw it pop up on finviz.com at 5% gainer. Put out twitter alert but didn't think it could run since volume is very low.


I check back around 3:00PM and it's already ran up $3.65 and coming back down. My plan is to short if it fail the $3.34 previous breakout point at the circle below. I shorted $3.33 and wait for the $3.00 to cover but it didn't and I have to cover all at the last minute of the bell $3.34 and $3.35. I just lost $25.18 for this ticker.


I could have cover $3.20 for $100.00 profit but it's not part of my plan.


$TMST I put in a short order 1000 shares at $8.30 but didn't get fill so I just move on to the next trade because I don't want to chase it down and realize I just miss that big $1.00 drop. So I sit back and wait for another setup come. After 11:00am, I saw more wash coming. I starting 1000 shares short at $7.33 risking $7.32-$7.36 fail support at those circle below. It crack and moving back up so I cover $7.30 for $0.02 loss. There is another fail support pattern setup risk at $7.09 so I start in short 1500 shares total $7.07 and $7.03. Here come the big wash, I cover 500 shares at $6.47 pay myself a little and leave the rest for possible $6.00. Sometime stock didn't do as your plan. It move up and I just keep shorting more and more because I just risking the house money. I still holding an average at $7.04. When I realize it doesn't crack so I cover everything $7.11 for only $32.14 profit when I could have make over $800.00


Over trade and scale in at the wrong time didn't get pay today. I could have cover everything around $6.50 for over $800 profit.

$WATT, I start in short $5.95 & $5.80 risking $6.04 fail support level. I waited and waited and more waiting. My plan is to cover around $5.40-$5.47. The lowest it came down is $5.60 and I didn't cover. I try my patience skill today and you know it's not alway work. It start to move up then I have to cover $6.01 for a $141.23 loss



Overall loss today is $95.00

I am trying to manage my risk and cut loose if plan didn't work out. I regret not taking over $800+ profit on $TMST, that is why trading is tough....

Just have to think like a robot and trade like robot... Or just aim for small profit each day just like modern_rock said "steady grind, win the race".