Trade recap for December 20th: Why ISCO moved so much the last few days

Software problems were compounded by mental errors, leading to a bad day.

10:56:14    TNGS    B    1.91    2000    NITE
10:56:32    TNGS    S    1.85    100    NITE
10:56:37    TNGS    S    1.85    400    NITE
10:56:37    TNGS    S    1.85    500    NITE
10:56:44    TNGS    S    1.85    500    NITE
10:56:47    TNGS    S    1.85    500    NITE

+    SLD    5,000    ISCO    false    Stock    2.290    USD    SMART    09:35:59        25.00        null
SLD    500    ISCO    false    Stock    2.2960    USD    ARCAEDGE    09:36:03        2.50        null
BOT    1,500    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        7.50        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null

Daily profit: ($249.50)

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.

 

Trade recap for December 15th

Daily profit: $9.01

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.

Trade non-recap for December 13th and December 14th

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.

Trade non-recap for December 10th

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.

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.