In a rush, hope to have better analysis in future posts….
Watchlist: SLT JAZZ BYD MCO GOLD IAG LVS PHG QLGC WFR EGO GFI PAAS VIP AIG SPPI
Orders: 90% – Used a limit order on one entry and was not able to take an immediate position.
Entries: 90% – Was not closely monitoring watchlist and missed a breakout of JAZZ closer to when it crossed the opening range high.
Stops: 90% – Did not put a trailing stop on GOLD after it made a move in my favor; went from a .80 cent profit to .20 loss.
Exits: 100% – Let my stops get hit or exited end of day on all stocks.
| SLT | Long | ORH-BO | ORH-BO | $16 |
| JAZZ | Long | ORH-BO | ORH-BO | ($20) |
| BYD | Short | ORL-BD | ORH-BD | $6 |
| MCO | Long | ORH-BO | ORH-BO | $16 |
| GOLD | Short | ORL-BD | Bot Bou | ($19) |
| IAG | Short | ORL-BD | ORL-BD | $63 |
| LVS | Short | ORL-BD | Bot Bou | ($20) |
| QLGC | Short | ORL-BD | Bot Bou | ($17) |
| GFI | Short | ORL-BD | Bot-Bou | ($20) |
| AIG | Short | ORL-BD | Bot Bou | ($20) |
| (-$15) + commissions |
In terms of set-ups, basically shorting Opening Range Low breakdowns didn’t work on Tuesday as most of them bounced.
