Village Elder 231 posts msg #146935 - Ignore Village Elder |
3/15/2019 2:38:41 PM
Decent volume, the bid/ask is a little wide for my tastes (about 0.7%) but it is looking like it will pull back soon.
Paper trade (for fun): short 100 shares at $101.50
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four 5,087 posts msg #146941 - Ignore four |
3/15/2019 10:19:19 PM
96.00 -1.98 (-2.02%)
After hours: 7:51PM EDT
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Village Elder 231 posts msg #146995 - Ignore Village Elder |
3/18/2019 4:35:25 PM
Closed at 93.50 today. Net gain of $800 on $10,150 (+7.9% gain). It will probably drop further tomorrow but for now call this one closed ...
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Village Elder 231 posts msg #147008 - Ignore Village Elder |
3/19/2019 4:06:34 PM
Here is another - SRNE:
Another paper trade: short 3000 shares at $3.78. BTC when the ROC(5,1) closes below 50. Keeping these trades at around $10,000 in size but could go larger. The point being at that size these trades could be made by most traders with a margin account.
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chi-town 44 posts msg #147021 - Ignore chi-town |
3/20/2019 11:11:05 AM
Mr Elder,
What filter do you use to get the trades?
Thanks
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Village Elder 231 posts msg #147023 - Ignore Village Elder |
3/20/2019 11:30:49 AM
Out of this one at $3.60 for a gain of 4.8%.
Not really using a filter per se - just looking at stocks (above $3) with decent volume and that have been moving very rapidly over the last few days.
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Village Elder 231 posts msg #147036 - Ignore Village Elder |
3/21/2019 2:16:15 PM
Again - paper trade for fun. Back in at 4.81 (short 2000 shares). Will close out the trade when the ROC(5,1) closes below 50. Same as last time.
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Village Elder 231 posts msg #147037 - Ignore Village Elder |
3/21/2019 2:20:22 PM
Here is another one - I had been considering this yesterday and probably should have jumped in before the close.
Paper trade - short 750 shares of DERM at $13.00. Will close when the ROC(50,1) drops below 50.
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Village Elder 231 posts msg #147064 - Ignore Village Elder |
3/25/2019 12:06:17 PM
Update on DERM - I probably should have looked at the chart more closely. I typically use the ROC(5,1) as my exit, but jumped in on this a few days after the big move, rather than on the day of the move. As a result the ROC(5,1) is currently below 50 but the trade is not profitable right now. Tactical error on my part.
No actual money on this one so I'll close the trade at the end of the day today and take whatever the result is.
SRNE still above an ROC(5,1) of 50 so no action yet.
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Village Elder 231 posts msg #147106 - Ignore Village Elder |
3/28/2019 11:59:37 AM
Out of both of these trades this morning - DERM BTC at 13.16 for a loss of 1.23% and SRNE BTC for a gain of 5.39%.
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