Trading Review: 11-03-2015

Main Account: -$296.

NUGT - Could have been a bigger winner, very strong bias with gold down well over 1ATR while NUGT up around r/g. Plus was expecting a range day in the market (which didn't actually happen) so a NUGT hold didn't make sense.

VRX - Took a defined risk starter against $100 with $1 risk, and caught a $3 pop... Don't know why I didn't sell.

SRPT - Too big. Second trade was a really good trade (the one I was too big on), first one wasn't.

SALE - Was a bit of a tough stock to execute on. Could definitely, have made more but it was a secondary idea and tough to execute on so not too worried.

MBLY - Traded this exceptionally well. Long morning support, short morning resistance. Got really nice size on the short as well. Probably covered the size a little quickly, but no problems with that.

FIT - Shocking trading. Too much chasing with not a tight stop-loss. Way too big loss. Playing this similar to MBLY would have paid handsomely.

AVXL - Was similar to the TREE loss the other day. This one could have been limited by having a hard stop in but still would have had some pretty bad slippage (someone hit the bid for about 300k shares).

ATVI - Idea was a scalp against the all-time high. It well and truly breached the all-time high and I should have stopped well before. What I should have done after that was look for buying opportunities because it was so strong.

AIG - Happy enough with trade. Probably what I would change is paying more attention to the weakness it had. Wasn't quick enough on the sales on the starter on it either.

ABBV - A really solid short. I should have added more aggressively, and in turn been in the position to take profit more aggressively, in turn then being in the position to add back more aggressively (of which there was multiple opportunities to scalp against the breakdown level.

To sum up. A lot of execution errors! But take away the bigger losses and trim them down a little (AVXL down to $120, FIT down to $100, SRPT down to $100, which is still pretty generous) and you're talking about saving about $300!