Thursday's Small Lots

I entered no small-lots shares positions on Thursday. Two prospects, MOMO and SAN, seemed promising at the market open, but they disappointed as the morning wore on and I a decided not to trade them. (See Thursday's Agenda.)

I exited three positions -- emptying my experimental small-lots account of positions -- as their Stochastic-RSI analyses deteriorated.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
OCLR	22	9/28/2016	9/29/2016	9.02	8.68	-0.34	-3.92%	-1430%	1	rsi
SNCR	5	9/19/2016	9/29/2016	41.75	41.75	0.00	0.00%	0%	10	rsi
SORL	49	9/28/2016	9/29/2016	4.01	3.90	-0.11	-2.82%	-1029%	1	rsi

By Tim Bovee, Portland, Oregon, Sept. 29, 2016

Chart Patterns: After the Buy by Thomas N. Bulkowski

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.

Alerts

Two social media feeds provide notification whenever something new is posted.

• On Twitter: Follow Tim Bovee: https://twitter.com/TimBovee
• On Facebook, Like Private Trader: https://www.facebook.com/PrivateTrader

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.