Category: November 2018 Trades

 

Missed the spike premarket, but expanded position from 1200 short to 1600 short today adding at 4.20 and 4.19 as it had small bumps up throughout the fade all day. Looking to buy to cover position in the 3.80s tomorrow or lower later this week if volume and momentum keep dying.

 

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Plan here is shorting into strength and averaging in as this goes up with plans to cover and profit as it crashes. This trade is in my larger paper account with more flexibility to wait it out and add to the position as it gaps up or spikes and wait for it to fall back below initial short entry. Not the ideal day trade for sure possibly more on the hold and hope side even, but as markets flow I believe I could reasonably see NBEV under 3.70 in the next 3-5 days for this play to turn.

Traded a bit more today hit NBEV a few times, another long should have been short position then got a bit of a fall that I was looking to bounce. Added to position and accidentally sold. Then bought into close and sold into after hour spike. Basically all this was over trading, I would have done well to watch more and play less on this.

Getting a bit more settled and starting to keep an eye on the market, just working small paper trades in STT for now as I get my feel of the markets.

Had a couple trades today, started off buying NAKD and quickly realized I should have sold so I did at double my position giving me 200 short and had another descent fall to make back loss and a bit of profit.

SNOA was a small position 100 shares short at 1.63 covered at 1.48 not a bad little gain, but probably reaching a bit at this point. Helped my daily average, but could have easily gone against me.

Good points for the day cut losses quick and changed position. While the change of position might not be realistically possible the exit would have and it would have saved me from more pain at least. On the bad side I probably tried an extra trade I shouldn’t have it worked out this time, but I need to watch and cation myself. Neither of these were plays I’m trying to focus on right now. I need to keep my focus and only take to absolute best shot not the excitement play or something to try aspects.