I’ve been taking a look at my stats lately which I’ll be blogging about soon. It goes into the best price levels I trade, the best trading times. the worst and best trading times among many other things. It’s pretty neat I tweeted a bunch of them today!
Thursday’s historically is my WORST performing trading day
Solid trades today and pretty much stopped trading after 11AM except for a CLDN trade later in the day!
Couple charts from today and then the video!
NCTY chart:
CLDN chart:
WGBS chart:
GBSN chart:
TSLA chart:
ORMP chart:
In the video I go over many of my trades today in the video so you can see what I was thinking and why I made the trades – scaling in and out.
Feel free to leave comments or questions if you have any!
Here are the chat logs:
07:20:42 ammcfly: gm all
07:26:13 amCounterpunch: gm all
07:30:57 amelielitvin: gm!
07:34:08 amtwiz5000: gm..
07:34:12 amFozzie: any suggestions on good trading books poeple have read recently besides the obvious one ? thinkin on grabbing a few on discount today, pm please.
07:35:07 amSimonGhandil: WGBS some gap
07:37:06 amNocturnal: WGBS offering at $ p/s Simon
07:37:12 amNocturnal: $1*
07:39:04 amTradestocks: That offering is from October !
07:39:42 amArsenal: guys, WGBS is up on Matrin’s mention
07:40:11 amTradestocks: I saw that, Thanks Arsenal
07:46:21 amChiliTrader: gm all
07:47:03 amChiliTrader: Fozzie, i liked The New Trading for a Living..by alexander elder
07:48:28 amFozzie: damn chili you got expensive taste, 80 bucks for a book :/
07:49:57 amEly77: Arsenal, last time martin mentioned another small company called KBIO, not saying it’s a buy
07:51:34 amArsenal: yea, WGBS is definetly a watch today…we need volume though
07:51:54 amEly77: yeah, 12m float tho
07:56:13 amStuck_Trader: No borrows for WGBS at ST
08:00:08 amNocturnal: sort off
08:00:13 amNocturnal: woop pm fail*
08:07:06 amsonel: AEZS heavy
08:08:34 amKarlKazan: Morning everyone.
08:13:50 amsonel: AVXL doing it
08:24:04 amBlade: Talk about cyber Monday. Woke up and my CPU wont turn on and I smell something burned.
08:24:47 amBlade: At least I have a laptop back up and external monitor but this sucks as its not even a year old.
08:25:11 amInvestorsLive: WGBS nice Martin flow
08:25:12 amInvestorsLive: gm all
08:25:38 amInvestorsLive: AEZS Martin slap as well
08:26:46 amInvestorsLive: Wow AVXL
08:28:01 amInvestorsLive: I’m a dip buyers on WGBS $1 over/under as a guide so I can add more later
08:29:42 amInvestorsLive: MNGA still hanging on
08:30:01 amEmil: main BONT AVXL NCTY for ss
08:30:35 amEmil: CYCC kinda long bias ,will wait a decent setup,mostly reactive tardes
08:32:38 amstapes1: GURE PR getting investment from Govt …..Under the terms of this agreement, SCHC will invest up to RMB 1.1 billion (Approximately $172 million) for deep processing of brine well resources and the comprehensive utilization of associated natural gas under brine well. This money will be spent for drilling, extraction, and production of natural gas, storage depots, pumping stations, trucks and other transportation equipment, roads, workers’ housing, and other related expenditures. SCHC will have the responsibility for exploration, drilling, production, and etc. It will have to meet environmental assessment and safety regulations.
08:33:30 amseattlehiker: CYCC if gets stubborn,may long it.could grind slowly then take off.
08:34:37 amseattlehiker: …CYCC only bc of soc media hype,and masses nearly always lose.
08:38:19 amInvestorsLive: AEZS washout may be a nice play was def a crowded short the other day he saved a lot of shorts imo
08:38:33 amInvestorsLive: CYCC likely an ignore was up on speculation and now right back
08:39:19 amInvestorsLive: EFUT more downside as expected but was hoping for some morning push before it fizzled
08:39:29 amInvestorsLive: AEZS will watch all dip/wash opps using $9 as guide over/under
08:39:41 amInvestorsLive: AVXL likely ignore until either para or back side later – feels like crowded mess
08:40:01 amseattlehiker: Crazy p-targets on FIT.Looking at calls for a squeeze there
08:40:14 amModernRock: man Martin messed up all the setups GRRRrrr
08:40:19 amInvestorsLive: HART still has the momentum
08:41:49 amInvestorsLive: WGBS I think is a perma bull type of name so I don’t want to get too top heavy long but if trend holds out of the gate I will def use $1 over/under as a guide
08:41:59 amInvestorsLive: need to see a hold first but the vol is there need to confirm momentum tho
08:42:25 amInvestorsLive: dont want to get all excited at $1.09 and over load it then blow out at .98 I’d rather start small see if it washes holds trend add .98 or something like that
08:42:28 amseattlehiker: ERII looking for long entry on dip
08:42:33 amInvestorsLive: either way good vol right price for momentum chasers
08:44:47 amseattlehiker: GPRO-same as FIT.looking to long calls for sqz.
08:47:12 amInvestorsLive: sorta like dat WGBS
08:48:34 amInvestorsLive: AEZS really hope one good washout candle
08:49:21 amd4ytrad3: KBIO kinda rindleading the circus, if you see early lift may push all these back to green a la AEZS EFUT etc
08:49:42 amd4ytrad3: UVE *DJ Members Of Universal Insurance Holdings’ Bd Of Directors And Management Team Using Personal Funds To Purchase Stk In The Open Market
08:50:47 amd4ytrad3: Looking at quick MSFT $55+ off open
08:51:18 amInvestorsLive: took a few into .9851 and .99 WGBS starter
08:51:22 amInvestorsLive: per plan
08:52:35 amInvestorsLive: Nothing I am marrying – this may have ZERO follow thru its a big move but the volume is interesting
08:52:50 amseattlehiker: AVXL nhods
08:53:07 amInvestorsLive: Leave plenty of room if .90-1 wants to hang — point is starting as a feeler and if it holds out of gate will scale in if not – no harm no foul
08:53:13 amInvestorsLive: AEZS stop that
08:58:47 amseattlehiker: AVXL crack after hod.more vol down this time
09:20:33 amInvestorsLive: Plans are same as what was listed earlier guys no real changes
09:20:46 amInvestorsLive: same plan WGBS same play AEZS — watching VLTC as well after morning emotion/crowd moves away
09:23:44 amInvestorsLive: EFUT as soon as the volume goes away – going to be a very hard trade
09:25:42 amInvestorsLive: love the action so far on WGBS if it gets 5-8 mil quick and dips hold will trade w/ same plan as written
09:25:48 amInvestorsLive: if just getting into chat u can view history
09:26:00 amInvestorsLive: AEZS lower the better on a wash for quick scalp long patience if it goes straight up
09:28:23 amInvestorsLive: AVXL news was a joke – just very crowded hence the move
09:28:41 amInvestorsLive: lack of vol last week people got caught now just has to work them out then fizzle later — 0 interest on trade out of gate
09:28:55 amInvestorsLive: WGBS AEZS VLTC EFUT my focus, EFUT any good dips or ABCD set up
09:30:38 amInvestorsLive: starting VLTC offers ss
09:30:38 amMuddy: ORMP 9.5
09:31:21 amSwedepilot: Long ORMP .50
09:31:54 amInvestorsLive: ORMP like the chart – will watch dips for entry
09:31:58 amInvestorsLive: AEZS nice
09:31:59 amInvestorsLive: $10s up
09:32:09 amInvestorsLive: going to cover 1/2 VLTC bids
09:32:59 amInvestorsLive: started long partial size ORMP
09:33:05 amMuddy: NETE hod
09:33:28 amSwedepilot: All out ORMP .90’s
09:33:51 amInvestorsLive: added ORMP to the 9.60s
09:34:54 amInvestorsLive: stated long on IDRA
09:34:57 amInvestorsLive: per plan outlined
09:35:28 amInvestorsLive: no follow thru so far WGBS
09:35:40 amOddStockTrader: AVXL 7’s soaked alot
09:35:51 amMuddy: AVXL again
09:36:02 amMuddy: ORMP more
09:36:25 amInvestorsLive: Sold some ORMP +1.10 — nasty
09:36:29 amInvestorsLive: on first batch avg
09:37:03 amInvestorsLive: adding more VLTC ss to the 7.65s
09:37:09 amlentjes12: GBSN 14s
09:37:27 amMuddy: TERP r/g
09:37:47 amInvestorsLive: IDRA on $4
09:38:31 amMuddy: HART r/g
09:38:44 amInvestorsLive: UVXY r/g
09:38:59 amEmil: s/s some AVXL
09:39:03 amInvestorsLive: started TSLA ss
09:39:07 amEmil: partial size leaving room to add
09:39:21 amOddStockTrader: long HART
09:39:32 amelkwood66: TSLAv ss also
09:40:13 amMuddy: NETE push
09:40:29 amInvestorsLive: WGBS all done
09:41:08 amMuddy: NETE .25
09:41:25 amInvestorsLive: EURI LODs
09:41:47 amR3negade24: IDRA giant sellers at 4.12
09:41:49 amInvestorsLive: locked 1/2 IDRA in for now re add on 3.90 dips or higher later
09:41:51 amR3negade24: 37k
09:42:16 amtbohen: Starter SS on VLTC
09:42:41 amd4ytrad3: MCUR should be decent decliner w/ fri news
09:42:45 amDarthFader: vrx r/g
09:43:26 amInvestorsLive: long VRX
09:44:04 amOddStockTrader: AVXL push
09:44:27 amInvestorsLive: added VRX
09:45:06 amOddStockTrader: started AEZS ss
09:45:49 amMuddy: HART more on r/g
09:45:54 amInvestorsLive: sized back down VLTC took some off just to be safe
09:46:00 amInvestorsLive: will re add
09:46:07 amMuddy: ORMP trying 10 recross
09:46:17 amInvestorsLive: ORMP already did – 10.30s
09:46:38 amOddStockTrader: ss WTW
09:47:07 amInvestorsLive: silly cover on VLTC – lost a good chunk and a good avg – but will re visit on 7.40s re fail
09:47:17 amMuddy: right ORMP trying to stay above that line
09:47:17 amInvestorsLive: NCTY like pops for fade
09:47:25 amInvestorsLive: AEZS trade working so far if trading dips
09:47:41 amMuddy: HART nice 10% r/g catch
09:47:58 amInvestorsLive: added TSLA ss
09:47:58 amDarthFader: ss VIPS 16.70
09:48:49 ameg621: NCTY lod
09:48:51 amInvestorsLive: sold more ORMOP
09:48:53 amInvestorsLive: ORMP *
09:49:12 amInvestorsLive: NCTY nice – sub 4s
09:49:18 amOddStockTrader: HART 2.50s up
09:49:23 amMuddy: HART 2.5
09:49:39 amInvestorsLive: VRX I should have slammed the bid 89s + on that ramp I wanted more tho didn’t expect it to happen that fast — if 89s doesnt reclaim and hold will take off 1/2 for +1 ish or so
09:49:47 amInvestorsLive: and back to 1/4 size and let it trade out
09:50:30 amInvestorsLive: added to TSLA ss 3/4 size now
09:51:12 amInvestorsLive: done w/ NCTY – nice quick hit idea
09:51:28 amrhhardy: GERN back on radar , waiting to see which way it starts to turn
09:51:43 amInvestorsLive: KBIO nice recovery so far off lows
09:57:12 amInvestorsLive: EFUT ideally some 3.90s cracks and ability to add after
09:57:17 amstapes1: CLDN hod…company they are merging with Eiger got orphan drug today. PALO ALTO, Calif., Nov. 30, 2015 /PRNewswire/ — Eiger BioPharmaceuticals, Inc. today announced that the US Food and Drug Administration (FDA) has granted Orphan Drug status to ubenimex for the treatment of pulmonary arterial hypertension (PAH).
09:58:42 amMuddy: HART upping back
09:59:04 amKarlKazan: SUNE lods
09:59:46 amd4ytrad3: AEZS weak
09:59:56 amOddStockTrader: WTW 26 test
09:59:58 amInvestorsLive: AEZS yep – feels long crowded now – watching any good snap with $9 as a guide
10:00:07 amInvestorsLive: long small UVXY risk off recent low
10:00:43 amImaginaryMoney: AVXL pushing for HOD
10:00:47 amheniuro: RPRX almost r/g
10:01:27 amInvestorsLive: down to 1/4 VRX
10:02:00 amInvestorsLive: VLTC fade
10:02:51 amInvestorsLive: bang sub $7
10:04:36 amInvestorsLive: TSLA already had $3-4 share move – so be sure to lock in along way if you didn’t already
10:04:49 amMuddy: ORMP more fade
10:05:06 amcarrionk: FCX up with /GC
10:05:30 amLaura: HCLP 7 cross
10:05:37 amInvestorsLive: scooping AEZS dips using 930s as a guide
10:09:10 amInvestorsLive: like HART dips 250 as a guide — thats my game plan on it
10:10:34 amInvestorsLive: like EMES using 690s as a guide dips
10:11:10 amInvestorsLive: like DNR dips OAS BTE as long as XLE XOP agrees
10:11:13 amInvestorsLive: EMES nice so afr
10:11:19 amInvestorsLive: HART nHODs
10:11:23 amInvestorsLive: $34s up KBIO
10:11:39 amInvestorsLive: sweet HART !
10:11:40 amOddStockTrader: HART!
10:11:40 amelielitvin: HART 3
10:11:53 amInvestorsLive: locked some into the para
10:11:59 amEmil: added more AVXL risk at 8
10:12:56 amInvestorsLive: 1/2 HART left
10:13:01 amjoshclick: AVXL crack trend, heading towards VWAP
10:14:10 amjmeds82: KBIO speeding up
10:14:33 amInvestorsLive: AEZS :up
10:14:53 amInvestorsLive: sold more HART what a fast .50/share
10:14:59 amMuddy: nice
10:15:08 amInvestorsLive: AEZS near 10
10:15:39 amInvestorsLive: exiting AEZS into the para – nice nail guys
10:15:43 amInvestorsLive: crazy past 15 minutes
10:15:50 amLaura: CBLI hod 4.50s
10:15:59 amInvestorsLive: all out HART
10:16:10 amInvestorsLive: all out AEZS
10:16:11 amsamink: CBLI watching dips, moves fast
10:17:44 amjoshclick: AVXL through VWAP
10:17:49 amMuddy: CMLS inch mode
10:18:45 amEmil: locked in 1/4 AVXL
10:19:54 amtrader530: EROS + cancels out of the UBS 43rd Annual Global Media and Communications Conference– Dalton filed 13D last week for the company to explore strategic alternatives
10:20:10 amLaura: HCLP more, 7.66
10:20:52 amInvestorsLive: covered 1/3 TSLA so far
10:21:09 amMuddy: CNIT hod
10:21:40 amInvestorsLive: down to 1/3 left TSLA
10:22:30 amMuddy: HCLP near 8
10:23:23 amMuddy: HCLP boom thru 8
10:23:29 amTradestocks: SUNE perk of lows
10:23:33 amInvestorsLive: all I have left now is VLTC partial and TSLA 1/3 – awesome job this morning here to help via PM if any questions or confusion about trades – EMES I do like I was long then I sold will consider re long using 710s over/under
10:24:08 amInvestorsLive: chased back some 1/4 size EMES
10:24:24 amInvestorsLive: chase size = ok with 7.10 no harm
10:24:31 amInvestorsLive: UVXY nice sells
10:24:41 amInvestorsLive: HART monitoring for wash/crack opp
10:25:21 amInvestorsLive: all covered TSLA
10:26:14 amInvestorsLive: oh and 1/4 VRX I have forgot
10:26:49 amMuddy: CNIT nice steady
10:27:47 amOddStockTrader: done WTW
10:28:05 amMuddy: HCLP fading off 10 rush cross
10:28:43 amFozzie: EFUT smack
10:29:16 amMuddy: sorry HCLP off 8 rush
10:29:27 amMuddy: JMEI bit more
10:30:21 amInvestorsLive: nice ramp HART
10:30:30 amstapes1: BOSC earnings
10:30:59 amtbohen: VLTC looking great, trying to do to much today no adds for me just a start still
10:31:01 amcarrionk: ss TTI 9.26
10:31:39 amseattlehiker: AVXL just won’t go away
10:31:54 amscrabblehero: VRX 88 test
10:33:22 amOddStockTrader: ss CNIT 1.75s likely looking to add
10:33:52 amMuddy: CNIT blaster:)
10:34:07 amMuddy: RPRX pops
10:34:27 amFahdieno: ORMP gearin
10:35:24 amTradestocks: WGBS lods
10:35:43 amInvestorsLive: HART :up
10:36:13 amd4ytrad3: EFUT think entry
10:36:41 amseattlehiker: cutting loss on WGBS looking good now.just hit hi .80s
10:37:07 amEmil: done AVXL
10:37:10 amEmil: all out
10:37:23 amOddStockTrader: HART slapped
10:37:50 amImaginaryMoney: Why did HART breakout and then crash down?
10:37:58 amd4ytrad3: HART big wash
10:39:00 amsantrelli: great TTL indicator there on HART
10:39:20 amelielitvin: CYCC lod
10:39:38 amseattlehiker: Got filled on FIT 30 calls at 1.1. Looking for a ramp to 32-33 on the stock w/in 5 – 7 days.
10:41:19 amOddStockTrader: long NVAX risk on 8.15s
10:41:37 amInvestorsLive: looking to re short TSLA pops 231 as a guide
10:43:32 amjoshclick: AVXL 8 fail and wash
10:44:42 amOddStockTrader: long starter VNCE, low floater, likey the daily chart here
10:46:35 amInvestorsLive: 1/4 TSLA so far
10:46:45 amOddStockTrader: GBSN nhod
10:48:30 amInvestorsLive: ORMP I like dips watch 9.60-50s guide later on
10:49:20 amInvestorsLive: done w/ VLTC all covered
10:49:27 amInvestorsLive: VRX :up
10:49:28 amInvestorsLive: nice work
10:51:33 amInvestorsLive: NVAX nice trend
10:51:43 amInvestorsLive: all out VRX
10:51:58 amstapes1: 10:51:39 AM RTRS – EXCLUSIVE-SFX ENTERTAINMENT INC SFXE.O WORKING WITH MOELIS & CO MC.N ON POTENTIAL DEBT RESTRUCTURING-SFX SPOKESMAN SFXE.O
10:52:33 amInvestorsLive: re long VRX (.05 higher than where I sold)
10:52:37 amInvestorsLive: not sure why I sold perfect ABCDer
10:52:37 amOddStockTrader: awesome stapes!
10:53:16 amcarrionk: closed TTI not enough vol.
10:53:42 amInvestorsLive: That SFXE nice if it holds trend .30 as a guide
10:53:51 amInvestorsLive: super beat chart
10:55:00 amJVernon94: IDRA perk
10:55:22 amInvestorsLive: IDRA very nice ABCDer
10:55:38 amInvestorsLive: have some stuck in back acct so I don’t watch for maybe sell Weds-Thurs or before whatever data comes out later this week
10:55:51 amjmeds82: long small KBIO 33.50
10:56:22 amThePacer: nice VRX
10:59:17 amswedalo: HART again
10:59:18 amInvestorsLive: done w/ VRX
11:00:02 amjmeds82: long AVXL .80 risk to .50’s
11:00:35 amInvestorsLive: VRX likely 92-95 if it wants to no reason to keep selling but for whateverreason I have after a sweet entry on r/g
11:01:02 amOddStockTrader: added more NVAX long
11:01:24 amTWB52: AVXL another 8 fail
11:02:45 ambigbentrader: start ss GMCR
11:02:54 ambigbentrader: 53 fall
11:02:57 amInvestorsLive: main watches later for me = NVAX AVXL ORMP IDRA VRX
11:03:19 amjmeds82: out AVXL .85
11:04:42 amLaura: KERX 5.80 hod
11:05:16 amInvestorsLive: IDRA HODs :up
11:05:47 amInvestorsLive: canned starter 1/4 TSLA
11:06:13 amInvestorsLive: cant EMES -.03-.04
11:06:22 amInvestorsLive: Just have IDRA left and main watches are what I wrote
11:07:22 amtbohen: Monitoring AVXL close, triople fail on $8
11:08:20 amOddStockTrader: HART abcd
11:11:16 amInvestorsLive: Guys getting lots of PMs on random trades today and more of a take the trade and ask questions later RPRX is a popular one among many others – questions like do you think this will go back to the LOD etc
11:11:39 amInvestorsLive: Please have a trade plan before you make a trade so you know when to be right or wrong and not have to pray that it comes back down
11:12:15 amInvestorsLive: Trade smart or don’t trade at all – I can be spending time on PMs helping others with real trading plans vs. working with people just throwing darts — please use the videos/education we have before trying to trade the chat room
11:12:19 amsamink: watching STRP 10.5 over under area
11:12:23 amInvestorsLive: I realize people like to get into the action but don’t do it backwards
11:12:24 amsamink: for long
11:12:26 amInvestorsLive: Thx — back to alerts
11:14:03 amOddStockTrader: chased some FCX
11:14:44 amelielitvin: AVXL nhod
11:15:30 amjoshclick: AVXL finally through 8
11:17:42 amjmeds82: KBIO perking
11:19:20 amd4ytrad3: welsh ONTY?
11:20:36 amLaura: AMBA 63 hit
11:22:52 amd4ytrad3: MCUR entire runup was off KBIO, marty smack w/ fri news prolly $1.50s again
01:36:54 pmInvestorsLive: @bigbobnobody false alarm. I meant Laval offices… Lots of cop cars but just local $VrX
01:37:13 pmOddStockTrader: yup
01:37:28 pmOddStockTrader: might snap back hard
01:37:31 pmelielitvin: VRX below vwap on that false alarm
01:38:13 pmtbohen: Sorry OT but that is bizarre that a dude with 50 followers and that creepy of a twitter profile can move a stock…
01:39:29 pmd4ytrad3: well if ur standing outside and 20 cop cars roll up, but yeah, tough
01:41:29 pmd4ytrad3: VRX prolly bounces V
01:42:46 pmmcfly: MDLZ ABCD set up
01:42:51 pmcarrionk: ABY leg down
01:43:27 pmInvestorsLive: I’ll be back guys going to run some errands
01:47:52 pmstapes1: SPEX release…could get some legs
01:48:20 pmstapes1: Press Release: Spherix Moves Forward with Numerous Opportunities After Licensing Agreement(Dow Jones 11/30 13:47:08) Spherix Moves Forward with Numerous Opportunities After Licensing Agreement Total addressable market of potential licensees exceeds $50 billion.
01:50:45 pmGatewayTone: long some FB on this. risk lod.
01:52:48 pmrhhardy: TERP pull
01:53:49 pmOddStockTrader: BTU turd, some trend today, worth a look into close
01:54:40 pmOddStockTrader: SPEX nice bidders
01:55:20 pmstapes1: just a heads up…SPEX did do a S-1/A ammendment for at $10mil shelf this morning
01:57:46 pmmcfly: NVAX LOOKING dips risk 8.35
01:58:19 pmd4ytrad3: KBIO push
02:00:31 pmgblair: HART perk
02:01:19 pmOddStockTrader: long AVXL this time
02:05:11 pmArsenal: VLTC nLOD
02:06:31 pmmcfly: ss VLTC RISK 7.11
02:07:06 pmOddStockTrader: SPEX awesome one stapes
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