June 20, 2011
Entries = white
Exit = purple
Jun, 2011
June 17, 2011
RIMM gapped down and bled today. I was long biased in the morning but after seeing it violate pre market lows, I was thinking how/when to safely get short. My entries are below:
Covered way too soon, I definitely need to work on holding my winners longer.
Heres a chart of the 27.50 June 17 put I bought below:
This is a trade from yesterday. A penny stock play in POTG, a random pump coming up with unusual volume. Bought yesterday on the morning sell off. Should be in play for the next coming week.
Enjoy the weekend!
Will review this later, circles showing my entries and exits. Good lessons from today.
Tuesday June 16, 2011
Heres a daily look at what JCP did today. 
I missed the up move and was looking to enter in a on fade play after breaking out $6 intra-day. My first entry was too soon and covered at the new high and then I was slightly late on my second entry but still managed to catch an ~.80 move. Overall scratch on the trade.
The real trade was to buy the consolidation pullback holding around 32.20 for a 4 point rip!
Friday June 10, 2011
Quick recap of trades in the SPY. Overall market was weak after gapping down from yesterdays fake out continuing with the past 7 day trend, so I was short biased.
I waited for the sharp sell off in the morning to confirm the weakness in the markets. After that waited for a pop to short into which came around 10:20.
Traded a second time, although I should have gone with my first instinct shorting in front of 128. Instead I let it break the bear flag it was forming and entered on the next pop.
Really volatile day today with multiple opportunities to take some nice gains, especially for being a Friday in the middle of summer. Have a great weekend!