Nothing too exciting today except for a missed opportunity on a bounce play.
Daily profit: $176.32
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: Long 1600 shares of TNGS that I intend to sell at the open tomorrow. No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
I shorted the BestDamnPennyStocks pump SMCE and made back the $1k or so unrealized loss from being short that during the pump, despite covering way early.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
On Monday I had a nice short on HHWW that I covered way too soon and I lost just under $300 buying the IDEH pump.
Profit on December 13th: $1,837.84
Profit on December 14th:$58.06
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Back in the black for the week. For those who care, I closed by account at the proprietary trading firm BroadStreet Trading.
Daily profit: $688.88
Weekly profit: $590.83
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Daily profit: ($2,648.32)(economic profit was about $1400)
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
HHWW continues faking me out and and I continue to victimize myself by trading it. I have been a much more consistently profitable trader this year compared to last not by having better successful trades but by avoiding more unsuccessful trades. I have never been able to trade the NXTH-type pumps well so I would be better off to just avoid them.
I apologize for my earlier post today that is now deleted. I had had the idea for some time to do an April Fool’s day joke (and what fun is it if it is actually on April Fool’s?) about me blowing up my account but obviously doing that when I was having a bad day and in the middle of the trading day showed poor judgment (just like my trades on HHWW).
Daily profit: $1426.17 (this is only because of how I account for boxed positions; my net economic loss today was $2613.83)
Disclosure: Short 7,000 shares of HHWW at IB and long 7,000 shares at SpeedTrader. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Nothing much except some scalping and a failure to nail the HHWW short. HHWW & FCPG top short watches for tomorrow.
Daily profit: $341.50
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.