• Portfolio Management for June 3, 2014

    Yesterday, I entered a long SSYS and half a short position on BRCD.



    These were the patterns when I took these positions







    We can see below that BRCD bounced just after I shorted it. Very frustrating, but I decided to keep this half position and give it a chance. However, the risk table shows that there is a 96% chance of hitting BRCD's stop in the next five days. This means that if we do not pull back today, then the trade is probably "dead" and needs to be closed.





    The trade ideas for today are below. With 2 long positions and two 1/2 short positions, I have every reason to be patient and wait for prices to come to my targets.