Trades for Monday, Apr. 3, 2017: – $1,426 Losses

03 Apr Trades for Monday, Apr. 3, 2017: – $1,426 Losses

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9:53 - LONG 3000 LVS 58.08avg, STOPPED 2000 at 57.98, out - .10, STOPPED 500 at 57.96, out - .12, STOPPED 500 at 57.92, out - .16        =          - $360

9:55 – BUY 600 JUNO 22.26avg, SOLD 22.35, out + .09         =          + $54

10:11 – BUY 6000 NVCR 12.26avg, STOPPED 4300 out 12.15, out - .11, STOPPED 1200 at 11.95, out - .31, STOPPED 500 at 11.85, out - .41 =     - $1,050

11:22 – BUY 1500 LVS 57.16avg, STOPPED 1000 at 57.13, out - .03, STOPPED 500 at 57.08, out - .08       =            - $70

Total Daily P/L:          - $1,426 Losses

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Summary

Tough morning as the SPY faded the daily 5/15-period mas to grind back down in slow motion. We scaled into LVS LONG avg 58.08 and used the reversions back to 57.98-57.92 to stop out before it managed to grind lower through the 56.90 trend line. We scaled into NVCR LONG at 12.26avg and used reversions back to 12.15 to stop out most. SPY continued to bleed non-stop into noon. Today was one of those days where minimizing losses is the best we could do.  Closed out the morning with – $1,426 Losses.