Well, looks like we got our oversold bounce today. And the reason why today is the "barely missed" edition of the RO is because I was all over this bounce in the morning. Problem was that I lost focus and got stopped out of some very good positions just after noon, and missed multiple point runs in a few stocks.
It was frustrating, but regardless, I had another solid day.
I wasn't thrilled with the close, so my best guess for Monday is to look for continuation of the move in the "destructed" commodities, fertilizer, and oil stocks. That said, I still think we're headed lower over the next couple of months. In my estimation, this is just a little reprieve.
It was a good day for the office. Out of 23 traders, 14 were positive, or 61%. 11 traders finished over $1000 gross. I was #7 of 23. Moving up the ranks.
Here are the top 5:
1. Trader B, $25,227 on 879k shares traded.
2. Trader Z, $4,588 on 236k shares traded.
3. Trader E, $2,516 on 91,600 shares traded.
4. Trader F, $2,385 on 71,400 shares traded.
5. Trader 1, $2,109 on 9,400 shares traded.
And the bottom:
1. Trader U, -$2,100 on 1,200 shares traded.
2. Trader C, -$1,378 on 223k shares traded.
3. Trader H, -$1,142 on 14,200 shares traded.
4. Trader T, -$1,110 on 6,400 shares traded.
5. Trader A, -$949 on 17,400 shares traded.
Have a good weekend. If you live on the East Coast, enjoy Hannah.
Hey DT!
ReplyDeleteGlad to see that you're moving up in the world of the RO ranks, #7 that's great, I'd love to see you taking +25K$ one day being #1 in the RO :)