Two longs for tomorrow.
TNH 77.90 20% haircut last two days on profit taking after huge run
WHT 2.56 down 20% last six sessions no news
Entered trigger to buy TNH at 78.05 stop 76.95
Today's recap:
MAMA got stopped out for a lost of 2.4%
VGZ +5.8% second guessing the filter doesn't pay, The Filter Knows.
I really should have more confidence and play all that the filter kicks out.
Chasing momo:
PRST out 7.80 leftover from yesterday
ONT in 3.15 out 3.05 ouch, tighter stop would've been smart
AVNR in 2.70 out 2.93 nice trade, in a little late, exit not bad, can't remember if it was loki's call or not have to review log, may of been my call
MODG in 2.13 out 2.27 merger that started trading today at 1.50 saw it earlier but didn't know what is was that's why got in little late but exit was big blunder, high at 2.50 prior to exit, a 3% stop would've got me out at 2.43, left at least 0.16 on the table, it eventually came back to finish at 2.63. Not happy with how I messed up on this trade.
MNST in 47.19 out 47.21 spiked on same old takeover rumor, started to tank so decided to get out breakeven.
CHAP stopped out 73.02 finished at 71.20 down 4% so the stop was a smart move. Bought it 70.99 on 4/30 for a gain of 2.03
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