James Brick and Mortar Discretionary Trades

Discussion in 'Journals' started by JamesJ, Feb 19, 2012.

  1. JamesJ

    JamesJ

    >> Update US outlook <<

    MOS:

    - Ok, News seems to be really good, and has direct impact on business
    - Goldman is saying MOS News is very positive and so on.

    >> Not fading it, if momentum building might even consider long

    EDIT: MOS as a small investors darling stock might do funny stuff, like poping up 2$ within 15 min after open... will closely watch it...
     
    #61     Feb 22, 2012
  2. JamesJ

    JamesJ

    >> Trade Open <<

    GRMN Long 4k@49.50, some closed, rest not looking very good right now as momentum faded soon after entry, 50 a though level, stop around 49.

    MOS long 800@59.46, wide stop
     
    #62     Feb 22, 2012
  3. JamesJ

    JamesJ

    >> Trade Update <<

    GRMN closed remainder @49.27, overall PnL: -286$
    50 were too tough, momentum failed to continue... but keeping it on watch, in case we get renewed up momentum past 50.

    MOS; Switched Position to short @59, and added at 58.9... stop 60ish, right now a little under water with MOS 59.14, might close time price dependand earlier than at 60ish. MOS failed to move lower sub 59...
     
    #63     Feb 22, 2012
  4. MOS has a very good shot of getting back down to 57.....no..not because of the gap...something else

    try and hang with it..
     
    #64     Feb 22, 2012
  5. JamesJ

    JamesJ

    >> Trade Update <<

    MOS: part closed at 58.70, remainder: -4000, looking for 58.50ish and below, stop more like 59.50 now, but depends on price action... 59.20 is where gambling joe would put his stop i guess.
     
    #65     Feb 22, 2012
  6. JamesJ

    JamesJ

    >> Trade Update <<
    Looking to short GRMN on a small upmove... 48.69 might be a good level or if momentum might even wait for 48.85ish.
     
    #66     Feb 22, 2012
  7. JamesJ

    JamesJ

    >> Trade Update <<

    Tried to Scale in on GRMN Short, unfortunately only good a small part hit (500 of 2500), at 48.76, and closed them right back out 48.52
     
    #67     Feb 22, 2012
  8. JamesJ

    JamesJ

    >> Trade Update <<

    Wow, now there is the chance to try a short on GRMN, nice pop up. entered shoret 3k@48.90.
     
    #68     Feb 22, 2012
  9. JamesJ

    JamesJ

    >> Trade Close <<

    Closed MOS 49.10-20.
    Combined loss of all MOS trades: -952$

    (will update PnL and overview later)...
     
    #69     Feb 22, 2012
  10. JamesJ

    JamesJ

    >> Trade Update <<

    Looking to get out cheaply for that GRMN short... someone's buying a lot there... might very well get past the 50$ mark with this kind of action... (the 48.50->49.10 spike was like "ok, good to go short high", but now it didn't get back down and we just had another spike).

    alright, just got out 49.15-25ish
     
    #70     Feb 22, 2012