Monthly Archives: May 2014

Watchlist 5-29-2014 – $SPEX, $LIVE, $XXII, $XGTI

Traded $SPEX and $LIVE for piddly profits yesterday. Trading to quick and scared. These fast movers always seem to spook me out. Had I been more patient and bore the pain of some swings, could have profited HUUUUUGE! Oh well.

Today’s List: Full list from Yahoo Finance

SPEX

I’m still short biased, but could have made a killing on the long side yesterday.

SPEX

LIVE

Same comments as $SPEX, just re-read above.

LIVE

XXII

This is my pre-gainers/earnings winner buy scan experiment via stockstotrade.com, not sure if I will trade it, but will track and paper trade for sure to further track this experimental method.

XXII

XGTI

Mirror the comments from $XXII above.

XGTI

Watchlist 5-28-2014 – $SPEX, $LIVE

Royally botched trading $SPEX yesterday, bought it in the morning then sold for like .10 cents. After that it went up a dollar… Fought it all afternoon trying to short and ended up basically flat on it. Wow do I struggle holding winners on longs, especially when they are up as much as this one. Had I held from the morning buy I could have sold for HUGE profits overnight. Then could have spent the afternoon doing something other than forcing shorts.

Today’s List: Full list from Yahoo Finance

SPEX

Big spike pre market and now seems to be settling back. I’ll be looking to fade this, but only in the afternoon. I won’t force anything early.

SPEX

LIVE

Still no borrows for me, $IBKR has had every borrow I have wanted for the last couple months I got lazy changing brokers. Looks like I need to revisit that.

LIVE

Watchlist 5-22-2014 – $UEC, $NEWL, $MY, $TSL, $IGC

Today’s List: Full list from Yahoo Finance

UEC

Still holding this short, seems like a fucking eternity. Maybe today is the crack day though..

UEC

NEWL

Still watching but not trading this, $IBKR has not had shares to short all week. I should probably be buying the dips, but again, this one keeps scaring me away. Great stock to trade if you werent a coward like me.

NEWL

MY

Still working on my stockstotrade.com earnings winner scan, I found this yesterday at $3.10 but chose not to buy. About five minutes later it popped and ran all day. Frustrating, but cool that I found it.

MY

TSL

Watched this almost all day for a short entry, but it never looked back. Glad I stayed out, but thinking a pullback is due today.

TSL

IGC

Probably my number one skill builder is working on buying breakouts. I bought and sold this in about 5 minutes and made a couple hundred bucks… Could have made thousands had I been patient. But damn I get antsy buying stocks that are already up huge…

IGC

Watchlist 5-21-2014 – $NEWL, $AMKR, $UEC, $CXDC

Today’s List: Full list from Yahoo Finance

NEWL

Crazy stock the last couple days, I’m either too chicken or too stupid to trade it, or possibly both. Bummer is on stocks like this I’m so short biased that I never want to enter long. But then the spikes scare me out of going short. Good one to watch and learn I guess.

NEWL

AMKR

Went short this late day yesterday, looks fadish, but I think the risk/reward is pretty lame. Probably a scalp at best.

AMKR

UEC

Still holding this from several days ago, seems to be running out of gas and it appears to be a complete POS, so I’m holding for a good crack.

UEC

CXDC

Kind of like $AMKR chart wise, steady trend up with no pullbacks. Another flaw I have is automatically wanted to short every small cap chinese stock that pops. Not sure this thing might be for “real”.

CXDC

Watchlist 5-19-2014 – $SUMR, $UEC

Nothing interesting coming up pre market. Excited for 9AM to roll around. Usually when the scans are this dry the setups come fast and furious after the open.

Today’s List: Full list from Yahoo Finance

SUMR

This thing is very strong, I’m just watching for a pullback. But probably pretty minimal risk to reward on the short on this one…

SUMR

UEC

Thought this had a better chance of cracking Friday, but held up all day then spiked into the close. I think long term its a solid short, but may take days/weeks.

UEC

Watchlist 5-16-2014 – $PTX, $UEC, $ICLD, $PVCT

Today’s List: Full list from Yahoo Finance

PTX

I shorted this late day yesterday, blegh, just jonesing for a trade after a slow afternoon I think. It “kind of” was fading 2-3PM but then perked up a little late day. I decided to hold overnight. Not a big fan of the risk to reward on this short, even if it breaks down this morning there is not that much room. I’ll be looking to cover ASAP at the open.

PTX

UEC

A lot like $PTX, same thing, looked flat/weak all mid day then perked up at the close. Appears to be a complete POS, but may just go sideways and grind up for days…

UEC

ICLD

In and out of this a couple times yesterday for piddly profits. But they had earning so I was not going to hold. Could be interesting today.

ICLD

PVCT

Much like $ICLD I traded this for meager profits, I was unsure how the uplisting would effect the price. So since I was unsure I got out. Closed right at the HOD, so I’m hoping for an early spike then a fade.

PVCT

Watchlist 5-14-2014 – $DRL, $ICLD, $XGTI, $HALO

While I know non-trades/paper trades are annoying as hell… I did spend a lot of time working in stockstotrade.com yesterday and feel I’m found a pretty good system for patching a huge hole in my abilities. Trading the long side. Buying has always been a weakness of mine because I am so much better at location short setups. We will see if it works longterm, but stockstotrade.com helped me locate $ICLD early yesterday before the big move. I did not trade it because I was afraid I was just desperate to find any long to take. If I locate and find another high probability setup I’ll let the rubber meet the road today and see how it goes.

Today’s List: Full list from Yahoo Finance

DRL

I’m still holding from Monday, seems like nothing but carnage coming on this after the momentum goes away. Non stop bad news and the chart looks like it could really crack. Bummer is I never went into this as a “swing” it was a daytrade and now here I am still holding it 3 days later. Pisses me off I went against my original thesis.

DRL

ICLD

As mentioned in the video above, I missed this on the long side, I’ll now be looking for a short entry.

ICLD

XGTI

Shitty looking wireless play, non stop fader until a recent spike. Would be nice to see some more upside today, then setup for a late day fade.

XGTI

HALO

Even bigger than the fuckup of missing the long on $ICLD, was missing the short on this yesterday… Popped out of the open and then faded literally the ENTIRE day. Would have been an easy low stress short. It might go a little lower, but I’m only added it because I’m so annoyed I missed it yesterday. Look for these setups pre market!

HALO

Watchlist 5-13-2014 – $PGFY, $DRL, $ISR, $NLS

I’m intentionally scaling back my trading per my trading rules. I got in the mode recently of overtrading and while it was profitable, it was just barely profitable. When I get into the full on “hardcore day trader” mode I invariably enter too many bad setups and give back the profits on the good setups. Not sure why I forgot the rule of only taking 0-3 trades per day but I did….

Trading 10 times a day makes it hard to review trading logs too, plus its hard to make a recap video on tons of trades. I think its more informative and more profitable to just focus on 0-3 GOOD setups a day. And avoid the mediocre setups, less “hope and pray” too.

Today’s List: Full list from Yahoo Finance

DRL

Traded this yesterday and I’m currently holding a loser. Was to early on the short, should have waited for the big move in the afternoon, as opposed to trying to short the fade early on. I’ll be cutting this loose early unless it consistently fades away.

DRL

PGFY

I never shorted this last week because of the lack of borrows. Still no shares at $IBKR but I want to watch it, interesting story of resigning executives and potential investigations etc. I’ll also be ALFSS.

PGFY

ISR

I’ve made piddly profits on this here and there, but I gotta believe some day there will be a big crack. From what I can tell they just keep recycling the same news over and over and over again.

ISR

NLS

I would loooove to short the maker of that stupid ass bowflex… This looks to be ready to fade back, but it is a real company so that makes it a pretty mediocre setup.

NLS