Wednesday's Small Lots

Only one of my 13 prospects triggered by the Stochastic-RSI indicator qualified for a shares trade using my small-lot strategy. I checked the other symbols during the day but all were sending bear signals.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
EPI	5	8/31/2016		21.72						rsi

I exited two positions:

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
CLS	10	8/26/2016	8/31/2016	10.82	10.70	-0.12	-1.12%	-82%	5	rsi
TSLX	6	8/29/2016	8/31/2016	18.34	18.57	0.23	1.24%	226%	2	rsi

By Tim Bovee, Portland, Oregon, Aug. 31, 2016

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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.