Review of Week #6 of 2015

As an addition to my regular posts on watchlists, trades and various other stuff, I decided to start making reviews of my trading week in order to do a summary of the events and lessons learned throughout the trading week.

My watchlists for this week

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2015-02-06-CLRX-Daily Chart

Trade #16 – Ninja0n3 vs $CLRX – $CLRX Wins

Following my loss with $AMLH on the 5th, I got back into trading and ended up taking another loss, though I don’t consider this to be a mistake and my exit was in order to cut losses due to the of the market at the time of exit.

The Process

Here is the intraday chart for this play:
2015-02-06-CLRX-Daily Chart

I entered this position following a Tim Alert which reinforced my conviction in the possible movement of this stock given that I … Continue Reading...

Watchlist for February 6th 2015

Recap for Thursday February 5th 2015

I won’t go over the details of $AMLH, as I covered this in Here in full depth.

Here’s a quick review of the rest:

  • $CLRX didn’t move much, but it’s still in its overextension, still a watch, with a few shares available to short at IB; no significant movement of the price yesterday.
  • $GENE played once again the yoyo game, opportunities both long and short throughout the day, but risky plays.
  • $IMRS had a
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2015-02-05-AMLH-1

Trade #15 – Ninja0n3 vs $AMLH – $AMLH Wins

I have been watching $AMLH since the promotion started, unfortunately the stock didn’t behave as I expected and I ended up taking a $179 Loss.

The Process

Here is the intraday for this play:

2015-02-05-AMLH-1

And here is the 1-Day chart for the stock

2015-02-05-AMLH-1-daily

The stock promotion led by Elite Penny Stocks started on the 20th of January after a big announcement the week before that they would release their next pick (Illustrated by the orange arrow on the daily chart). … Continue Reading...

Watchlist for February 5th 2015

Recap for February 4th 2015

What a rushing day the 4th has been. Contrary to what I was expecting, $AMLH didn’t start tanking and the promotion did not end yesterday; in fact, promotional emails were strategically sent out twice to pump this stock. There’s a Seeking Alpha article explaining in detail how bad it is. I was about $70 down most of the day and late in the afternoon, our dear promoters could be seen on the L2 artificially … Continue Reading...

Watchlist for February 4th 2015

Recap for February 3rd

After a full dry month, I finally entered a trade on $AMLH. This stock is a paid promo by StockTips, a group of promoters that manages to give some traction to their promoted stocks; we are now around the end of the 2nd week of the promo, which is usually they push these worthless stocks. This is a currently open position that I am holding over night and possibly for the next couple of days depending … Continue Reading...

Day Watchlist for February 3rd 2015

Having been out of trading for the last couple of weeks dur to some relatives vising, I’m getting right back to it. This additional 2 week break has given me the chance to catch up with watching the DVDs, more specifically, I just finished Pennystocking Framework. Very good conference DVD; I most enjoyed LX21 presentation, who does a great job at explaining the mindset required for this type of trading and how to become successful.

Over the month of … Continue Reading...