Friday's Small Lots

The S&P 500 gapped sharply downward this morning, forcing exits of nearly all of my share positions. The one positions remaining is in JCAP. Even so, my two prospects for new positions still met my criteria, so I made the trades.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
CMLS	500	9/9/2016		0.3759						rsi
OUTR	4	9/9/2016		51.88						rsi

Nearly all of the exits were for losses, with only one small gain.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
CLNE	43	9/5/2016	9/9	4.65	4.60	-0.05	-1.09%	-99%	4	rsi
EWJ	17	9/1/2016	9/9	12.37	12.40	0.03	0.24%	11%	8	rsi
MTGE	10	9/8/2016	9/9	17.66	17.40	-0.26	-1.49%	-545%	1	channel
RTK	63	9/7/2016	9/9	3.80	3.62	-0.18	-4.97%	-907%	2	rsi
TSM	7	9/7/2016	9/9	30.04	29.01	-1.03	-3.55%	-648%	2	channel
UBNT	3	9/8/2016	9/9	53.07	52.75	-0.32	-0.61%	-221%	1	rsi

By Tim Bovee, Portland, Oregon, Sept. 9, 2016

Brazillionaires: Wealth, Power, Decadence, and Hope in an American Country by Alex Cuadros

References

Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, can be read here.

Small Lots: A new strategy discusses the thinking behind the analysis that identified these trades and can be read here. The symbols noted in this post are intended for trading on a commission-free platform such as Robinhood Financial. See my initial post on the strategy here.

I can be reached via comments on Private Trader posts or by email at datnillc@gmail.com.

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Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

License



All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.