Trades for Monday, April 11th, 2016: +$190 Profits

11 Apr Trades for Monday, April 11th, 2016: +$190 Profits

*Take a free 4-day trial to our live alerts real-time chatroom to get live trade alerts and audio analysis to get you in and out safely here

*Spring one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

======================

9:37 – SHORT 500 M at 39.64avg, STOPPED 500 at 39.74, out - .10 =          - $50

9:41 – SHORT 400 M at 39.66avg, STOPPED 400 at 39.75, out - .09 =          - $36

9:43 – SHORT 1800 M at 39.61avg, STOPPED 1500 at 39.80, out - .19, STOPPED 300 at 31.90, out - .29   =            - $372

9:50 – SHORT 2000 UA at 41.50, COVERED 1800 at 41.36, out + .14, COVERED 200 at 41.63, out - .13     =            + $226

9:39 – BUY 500 BP 30.57, STOPPED 30.53, out - .04  =          - $20

10:12 – SHORT 500 AAPL 110.47, STOPPED 110.53, out - .06           =          - $30

10:25 – SHORT 2100 AAPL 110.45avg, COVERED 2100 at 110.33, out + .12 =          + $252

10:38 – SHORT 1400 AAPL 110.46avg, COVERED 1100 at 110.32, out + .14, COVERED 200 at 110.28, out + .18, COVERED 100 at 110.16, out + .30          =          + $220

Total Daily P/L:          + $190 Profits

AAPL04112016

Summary

SPY opened with a 60-minute mini pup versus the daily mini inverse pup. We scaled in and out of M SHORTS to limit the draw downs when stinky 5s lower range couldn’t crack and GPS was grinding with the SPY. We hit UA for a nice bottoming SHORT to scalp the panics.  We hit AAPL SHORTS off that 110.52 superfib gatekeeper resistance level for nice erosions back down through 110. Played light to avoid any large draw downs as we ready for earnings season. Closed out the morning with + $190 profits.