31/03/2015

Market down on open and stocks not holding levels. Utility sector up and this is where money flows when stocks are not providing good returns for big funds

Trades

Lost track of time and ended up holding CHK short overnight.

TEVA
Trying to settle at morning low but did not hold
Limit order entry
Hard stop out
Would have been better to wait for stock to test 62.00 and there was more volume at this level

Loss 10.45

HCP
Quiet stock and holding on the open.
Strong up move yesterday
Limit order entry
Hard stop for exit (away from screens)
Trade was in profit but was away from the screens so missed exit, need to sort that with some exit orders
Loss 10.45

SPY

Copy SSpencer's short at end of day
Too much noise and stopped out by a cent

Loss 10.25