Monday's Small Lots

I entered one new small-lots position on Monday:

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
SUI	1	8/1/2016		79.51						earns

ATTO, which I attempted to trade, turns out to be ineligible for trading on Robinhood Financial's platform.  Their help center says:

We do not yet support the following, but hope to in the future:

• Foreign domiciled securities*

• OTC equities

• Options

• Preferred Stocks

• Tracking Stocks

• Warrants

• Mutual Funds

• Bonds and fixed income trading

*Certain foreign domiciled securities are tradable on Robinhood. These include the securities of companies domiciled in Canada and Israel that trade above $5.

 ATTO is an Italian company.

I exited two positions because of deteriorating MACD histogram readings an Elliott wave counts:

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
BMY	1	7/27/2016	8/1/2016	75.61	75.65	0.04	0.05%	3.86%	5	earns
SXC	6	7/27/2016	8/1/2016	8.04	7.19	-0.85	-11.82%	-863.00%	5	earns

-- Tim Bovee, Portland, Oregon, Aug. 1, 2016

The Rise and Fall of Nations: Forces of Change in the Post-Crisis World by Ruchir Sharma

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 fortrading on a commission-free platform such as Robinhood Financial.

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

Alerts

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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.Tss s ss'ss