Trading results 1/27/10

January 27, 2010 3:25 pm Robert Weinstein Trading results

For being up until 2am last night and up again at 6 I am doing pretty well for as tired as I am

The day started out great with a nice gap up short with PXP. Looking at the price action today about the only thing I see wrong is that I exited way to soon but I did get more than target so thats about all I can ask for. + 219

ME was the next gap up trade and it worked out well but only made about target as I try to generally not push for too much with the small priced stocks. + 143

SANM could have been the third good gap up but when the price seemed to get stuck around 14.30ish I decided to exit and take the small gain. moments after I did the price started to go in my direction and that was a bit frustrating. Either way it was not that big a deal as I had really small size. +15

X booked a gain but it was a tough ride. I booked an early gain and then started to stop loss out and get back in several times. I faded the move down and the saving grace was I kept my size small with 100 share lots so I was never in any major danger. Still it wasn’t very pretty and for the amount of trading I did with it I have a pretty poor showing. + 31

+ 410

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