It was a crazy week to say the least. Way too much trading for my style of trading. Mostly because the market faked us out a couple of time near highs. But we need to make the necessary changes in order to not be fighting the market. That's what happened this morning, after 3 failed attempts to short, we changed and went long and as you can tell the winners have been very generous. also, unlike my style, too much trading activity in lower priced stocks but that's where the action is at right now. That will change eventually.
We had 30 trades(too much i think). We averaged 6 a day.
Out of 30 trades, we had 7 losers, 3 flat, 20 winners.
Interestingly, we had 14 winners in a row. (my personal record was in early 2008 where i had 44 winning trades in a row). Hopefully we see more winnings streaks like that soon for your guys' sake.
I will put these figures in EXCEL (sooner or later i promise) as soon as i install the program. I bought a new computer and do not have microsoft office disk. I have just been too distracted with other stuff to care to much to be honest.
LONG CDNS at 5.6 Sold CDNS at 5.45 = -2.6% Swing trade from friday
LONG HTE at 5.28 Sold at 5.49 = +4% Day Trade
LONG ZEUS at 22.3 Stopped out at 21 = - 5.8% Day trade
LONG HERO at 3.77 Sold at 3.78 = flat Day Trade
LONG QID at 35.92 Sold at 35.7 = -0.6% Day Trade
LONG TZA at 27.8 Sold at 27 = -2.8% Swing Trade
LONG HTE at 5.28 Sold at 5.92 = +12% Swing Trade
LONG WRES at 2.35 Sold at = 2.6 = +10% Swing Trade
LONG FEED at 4.1 Sold at 4.3 = +4.8% Swing trade
LONG STP at 16.5 Sold at 16.83 = +2% Swing Trade
LONG FTK at 3.08 Sold at 3.23 = +4.8% Swing Trade
LONG MMR at 7.08 Sold at 7.25 = +2.4% Swing Trade
LONG CPE at 2.16 Sold at 2.24 = +3.7% Swing Trade
LONG PRGN at 4.69 Sold at 4.7 = flat day Trade
LONG AXL at 1.52 Sold at 1.65 = +8.5% Day Trade
LONG HW at 4.03 Sold at 4.3 = +6.6% Swing trade
LONG FTK at 2.6 Sold at 2.62 = flat Day Trade
LONG TZA at 25.85 Sold at 26.6 = +2.9% Day Trade LONG FAZ at 5.07 Sold at 5.3 = +4.5% Day Trade
SHORT FRO at 23.66 Cover 23.62 = flat Day Trade
SHORT CLF at 29.75 Cover 29.4 = +1.1% Day Trade
LONG HW at 4.25 Sold at 4.39 = +3.29% ONH
LONG STP at 16.75 Sold at 17.35 = +5.5% ONH
LONG TZA at 26.5 Stopped out at 26 = -1.8% Day trade
LONG TZA at 27.1 Sold at 26.9 = -0.7% Day trade
LONG SRS at 22.96 Sold at 21.6 = -5.5% Day trade
LONG STI at 19.63 Sold at 20.15 = +2.6% day trade
LONG XTXI at 3.82 Sold at 3.98 = +4% Day Trade
LONG PQ at 4.22 Swing Trade Still Open
LONG SGY at 7.22 Swing Trade Still Open
I hope you all had a good week.
See you next week.