Monday, January 2, 2017

NVDA

NVDA 



12/29/2016  15:47:42  Bought 40 NVDA @ 111.14
12/30/2016  08:52:03  Sold 40 NVDA @ 112.72
12/30/2016  11:03:42  Bought 40 NVDA @ 108.9736
12/30/2016  11:15:16  Sold 40 NVDA @ 108.48

Sell Short 40 NVDA Executed @ $110.38
12/30/16 | 09:30 AM ET
Buy to cover 40 NVDA Executed @ $109.6493
12/30/16 | 09:37 AM ET

1)  O/n long was the same as my previous NVDA trade, I spotted the top yet didn't take my profit at 14, 13.50, and 13.. got stopped out pre-market.

2)  Sold short and yet again i chased and exited my position early from a 1min trend reversal.  Did not weigh in the fact that the longer TF has the stock on a downward trend.  Stock hit 106 LOD later on the day.

3)  Maybe a lil over confident from the 2 green trades or was mad that i got scared out of my short early and missed the pottom by $3.50ish.. traded without having a plan set... go stopped out early, dam commissions ate up my profit for the day...

Nice reversal trades.. will prolly paper trade the next 10 or 20 reversal trades before I trade them again.

For the next 2 weeks, my focus is to make

1)  0 zombie / impatient trades a day.  I will only trade patterns that are on my Go-To-Setups list.

2)  Prepare a watchlist prior to the trading day every day.


No comments:

Post a Comment