Trading Journal - May

Covered 2,000 KLAC @ 52.15

- .07 points

he market is to choppy right now to even daytrade with any sense of stability. It's turning into gambling so I'm going to wait a while for the market to tip it's hand then resume.

 

Short 3,000 CSCO @ 16.09

 

Covered 3,000 CSCO @ 15.97

+ .12 points

 

Long 2,000 KLAC @ 51.58

 

Closed 2,000 KLAC @ 51.73

+ .15 points

 

With todays volatility and gaps I'm looking for .15 - .25 profits instead of larger returns. These days those are still fairly large swings but KLAC generally offers more opportunities for larger p&L.

 

what firm are you with seanote?

 

Long 2,000 KLAC @ 51.35

 

Closed 2,000 KLAC @ 51.57

+ .22 points

 

Hi Seanote

I'm interested to know why you remained long KLAC as it followed the Nasdaq lower from 12:20pm to 12:25pm, if you don't mind sharing