Trade non-recap: Do not go chasing white whales

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.

Trade non-recap for December 6th

Just two trades today. I sold my FCPG right where I wanted to sell, just before the open, at 1.399. Three minutes after the open it was testing green/red at 1.34. Its failure to go red would’ve made for a nice re-entry. My other trade will not be discussed at this time.

Daily profit: $782.60

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.

Trade non-recap for December 3rd

SOPV would’ve been a nice short at the open but IB failed to even submit my orders to the exchange. I had several scalps, nothing truly interesting. I’ll upload them to Profit.ly in a week or so.

 

 

Daily profit: $484.85

Weekly profit: $1,320.75

Disclosure: Long 4000 FCPG I intend to sell early Monday. 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.

Trade non-recap for December 1st

No video today.

SLD    500    BSIC    false    Stock    1.9200    USD    ARCAEDGE    09:26:55        2.50        null
SLD    500    BSIC    false    Stock    1.9900    USD    ARCAEDGE    09:30:19        2.50        null
SLD    1,000    BSIC    false    Stock    1.9500    USD    SMART    09:31:11        5.00        null
SLD    1,000    BSIC    false    Stock    2.2400    USD    SMART    09:37:49        5.00        null
BOT    1,000    BSIC    false    Stock    2.1800    USD    SMART    09:40:22        5.00        null
+    BOT    800    BSIC    false    Stock    2.120    USD    SMART    09:49:36        4.00        null
BOT    600    BSIC    false    Stock    2.0400    USD    SMART    10:05:45        3.00        null
BOT    600    BSIC    false    Stock    1.7500    USD    SMART    10:16:10        3.00        null

14:46:06    PWGAD    B    0.21    10000    NITE
14:54:09    PWGAD    S    0.24    5000    NITE

(One brief losing short of HHWW at Broad Street today that is not shown due to me forgetting it.)

Daily profit: $82.25

Disclosure: Long 5,000 PWGAD. 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.