Today’s review and Daily Specials for 8/28
Today’s goal was to focus on entries and don’t turn profits into losses. Let’s see how I did..
KORS: opening pop s/s
From friday KORS s/s loss. Waited too long. I had small profit one point and should have taken it.
GMCR g/r play
GGP parabolic s/s
NTE small parabolic s/s.
So it was a all-green day! Small profits but I am happy that I was able to follow my plan I could scale out on most of todays trades but then I thought to myself “what is my core strategy? more importantly, what am I looking for form each trade?” The reason why I do para s/s and bounce plays is I want to see results quickly. I know I don’t have patients but when I am in slump I tend to forget these basics and mix strategies, follow other traders blindly.. and result is usually not good.
So.. back to basics again! Stick with what I am good at and accumulate gains(and yes cut loss early)!
High ADRs Under $5: CITC PEIX TLAB SVNT HEB MNKD CLSN AAU NSPH DSCO TWER MVIS FFEX JKS APPA EMAN SATC VRS CPRX PPHM BPAX KITD
High ADRs $5~ 20: ARNA SRPT SKUL IMH NAK YPF BBY ARUN GDOT CTRP XNPT OCZ
High ADRs over $20: QIHU VRA ELLI PANL SOHU BPT FSLR KORS GMCR CRUS FIO INFA MLNX PCYC VC GGP IPGP TSO CLF HAIN
Pump&Dump Type/OTCs:MDMN PNSN SLMU WZE MJNA MTSL
Under $0.1: ATRNQ NPHC FRCN SRSR
TOP WATCH: ARNA NTE QIHU FSLR CLSN FVE SRPT
Pretty much all about morning action. Hopefully nice pop/squeeze to short into.