Wednesday, August 3, 2016

Wednesday Small Lots

I entered two small-lot positions on Wednesday.
symsharesentry dateexit dateentry price per shareexit price per shareresult $result %annual ratedays heldtactic
CLR28/3/201642.99earns
XEC18/3/2016118.80earns

I exited three positions:
symsharesentry dateexit dateentry price per shareexit price per shareresult $result %annual ratedays heldtactic
ELY57/27/20168/3/201610.3910.570.181.70%89%7earns
INVA47/28/20168/3/201611.8112.991.189.08%552.60%6earns
SUI18/1/20168/3/201679.5177.86-1.65-2.12%-386.75%2earns

Readers will recall that I exited an INVA position already on July 29. It turns out that I placed my INVA entry trade twice on July 28. Today's trade exits the second position that I didn't reallize was still on the books.

SUI responded to its earnings announcement with a sharp pre-market rise followed by an equally sharp opening bell fall. The MACD momentum indicator, although still above the zero line, has declined from the prior day's bar, and the price moved to a lower low in today's trading, prompting my exit.

By Tim Bovee, Portland, Oregon, Aug. 3, 2016


The Long Depression: Marxism and the Global Crisis of Capitalism
by Michael Roberts



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.

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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.
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Based on a work at www.timbovee.com.Tss s ss'ss

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