Trade Recap 3/31/2010
Out of day trades for the day so I’m done. I’m disgusted with one of my trades today. I always enter longs on breaks off consolidation. I NEVER enter a long near the top of a big green 5-minute candle. But that’s exactly what I did with FSII this morning, entering at 4.05 without giving it time to consolidate. And of course I ended up taking a loss on the big pullback. And to add insult to injury, VSTNQ rocketed right after I exited my position. I had planned to get out if it broke 1.10 support which it did….only ...Continue Reading...Trade Recap for 3/30/2010
Quitting early today because I’m out of day trades. Tried shorting SERV twice but it was too choppy and illiquid. Also tried ABIO looking for an extension of the red to green move but that failed. P/L: $-327.19 ...Continue Reading...
Trade Recap for 3/29/2010
Solid day in the Gutter P/L: $685.31 ...Continue Reading...
Trade Recap for Thursday and Friday
Very disciplined trading for both days Thursday P/L: $476.15Friday P/L: $31.93 If you want to learn to trade the setups that I play, I highly recommend you check out Tim Sykes’s products. Tim is having a 25% off sale until the end of the month. The vast majority of my trades are based off of strategies that Sykes teaches. Disclosure: Long 600 shares MILL and 1500 shares ESPH. No other positions. I am an affiliate of Tim Sykes and I receive a commission if you purchase his products through my affiliate link ...Continue Reading...
Watchlist for Friday 3/26/2010
I’ll post a Thursday & Friday trade recap tomorrow or this weekend. SHORT: SSY GENT EHSI BKRS JADABREAKOUT: GSIGQ PVCT ESPH NNVC MILL AFOP Disclosure: Long 1000 shares AFOP. No other positions ...Continue Reading...
Wednesday Trade Recap & Watchlist for 3/25
No video recap tonight. Shorted ARWR at 99.5 cents only to cover at 1.02. No other closed positions today. P/L: $-35 WATCHLIST Short: ARWR SSY EHSI SRGL GENT RDCMBreakout: GSIGQ BVTI PVCT SRGL CHGY ISCO Disclosure: Long 1000 shares SRGL, 1000 shares CHGY, and 1000 shares ISCO. No other positions ...Continue Reading...
Tuesday Trade Recap & Wednesday Watchlist
No video recap today. I longed GSIGQ overnight from 2.07 yesterday and exited today at 2.05 for a small loss, and then longed ARWR on the red-to-green move at 1.15 and sold at 1.19 and 1.26 for a small gain. Total P/L was about $4. WATCHLIST Short: MSEH ARWR SSYLong: LTUM CHGY GSIGQ NNVC ...Continue Reading...
Video Recap for 3/22 and Watchlist for 3/23
Today’s video is brought to you by Chris Impellitteri. Watchlist is in the video. P/L: $-274.04 ...Continue Reading...
Watchlist for 3/22/2010
No video watchlist tonight SHORT: SOMX….looks like it might gap down if the after-hours action mean anything….might be a tough play….but could also be a good long on red-to-green action MSEH….looked like it was going to tank on Friday but it held up….still waiting for the massive tankage day…..borrows are tough to find though ZANE….looking for crack of 2.45 support LONG: BBX….two big down days now….looking for a bounce on red-to-green HMNA….same as BBX GSIGQ….watching for the 2.04 break ...Continue Reading...
James Krieger is a part-time day and swing trader, trading stocks in the "gutter" of the stock market, which are primarily penny stocks, smallcap and microcap stocks, and "pump and dumps". However, James will occasionally trade larger companies. 
