Wednesday, April 13, 2016

4/13_FELP, MBLY, RPRX, SM_Cautious when trading commodity & large cap!
















On the right track but shorted too early. Timing is the key!!!
















Terrible trade. Was trying to the pick the top and ended up having terrible avg. This thing moves with energy&oil sector, with XLE, XOP, USO, WTI. So tend to be patternless. Always wait for the confirmed top(higher lows) before sized in!
















Citron Bashed it so started shorting $40 risking it over/under. It worked out so added to the winner and the problem came. Large cap stock is toooooo choppy therefore you should NEVER add to the winner!!! Just nail it and move on!!!! don't look back and forget about big picture idea.....There's no such thing as big picture for these large caps!!!!! Not my style type of trade b/c i am not scalper, I look for bigger idea trade...Should avoid at the first place but good lesson on trading big boy!!!
















My only gainer today due to lack of volatility and liquidity. Good cover b/c bids kept popping up

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