Started small long position in the pre-market as tweeted here C long at 52.20s just to be in it for a better focus not being worried if I was right or wrong. After the open, I laser focused on the time and sales and was bidding to get as low as I can but had somewhat a hard time to get all my fills which was a sign that many others are bidding at same area { I was not alone that's always a good sign } .
That gave me confidence to add some more and I put a bigger size , ( gotta love these super liquid stocks ).
The predicted and expected squeeze unfolded and it was nice taking profits into the rally . I have to admit, right at around 52.20 I had more shares to sell and accidentally was actually short and made few bucks more on a unplanned short trade , that I actually covered fairly quickly since I did not expect C would drop so much lower. It will be definitively on watch for Monday for another long play , hopefully opens with gap down and creates a real nice opportunity , we ll see.
Here are the approximate execution levels
PnL C
Focusing on just few stocks or even only at one with a sound plan is way better ( for me ) then what I used to do in my earlier stages of my trading that looked mostly like this:
Crazy huh ? Video gamer at his best LOL
Building at 51.90 few shares long
Some more confidence moments
C Trading higher
Taking profits along the way towards and above 52.00
And this is how the marked looked in a down week Dec 7 till Dec 11, 2015
I write this as my journal that I often read for my own benefit. If this is helpful for someone else, that is great , drop a comment regardless if it is good or bad .
Have a great weekend
Trade smart, trade well, trade small, trade disciplined !
Salute
AngelDan@DaChopa
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