Today’s Plan:
Waited all day yesterday for a short on $TASR, timed it well and profited well. Covered way to soon like usual, but I had a bunch of distractions going on. Lots on watch today so I’ll be patient and really focus on letting stuff come to me. Still need to do some Christmas shopping so it may be a half day for me.
Watchlist:
ADXS
Not sure why I have not entered this yet, guess I’m just really focused on not getting caught in the front side of the move. Will be watching closely today, looks like its prime to roll over.
CUBA
GLAD I have avoided this, tons of range and lots of opportunities, but for me I have never felt like I had an edge, every time I went to enter it just felt 50/50 to me. Kind of the same as $ADXS, I would much rather wait till the backside.
TASR
While I don’t like trading real stocks, I’ve done ok on this over the last few days. Seems to be pretty easy to pick support and resistance levels and trade the channel. Beginning to get pretty overextend though. I’d like to see a pop to short into and maybe hold a little longer.
SPLS
Almost identical comments to $TASR, real stock, I’ve traded it well, but have not held for a bigger more, would like to look to do that.
TRXC
Missed the big drop, but I think this could be a very solid swing short with smaller size.
FMD
This is the last day I watch this, sick of looking at it. I like the chart but it seems to just want to track sideways.
CERS
Should have faded this late day, but again I had guys painting my office so it was very difficult to focus and feel like I was on top of things. Will look to short into a big move, and ideally fade all day.