Trades for Thursday, Apr 9th, 2015

09 Apr Trades for Thursday, Apr 9th, 2015

9:45 - SHORT 2600 MYL 70.30avg, COVERED 2500 at 70.02, out + .28, COVERED 100 at 70.98, out + .32       =            + $732

9:58 – SHORT 1500 ALTR 39.93avg, COVERED 1200 at 39.83, out + .10, COVERED 300 at 39.99, out - .06       =            + $102

10:18 – SHORT 400 MYL 72.44, COVERED 72, out + .44            =            + $176

Total Daily Profits:   + $1,010

Total Weekly Profit:   + $2,917

Total Monthly Profit: + $5,085

Total Yearly Profit:    + $23,201

MYL04092015ffinalee

Summary:

SPY popped this morning towards that 208.59 daily MSH trigger area but got rejected back down to the 207.86 fib and chopped around. We hit MYL SHORT at 70.16avg after scaling in multiple times for a reversion exhaustion to scalp out 70.02 and 70.98, out + .14 and + .18. We scaled into ALTR SHORT at 39.93avg to scalp out 39.83 and 39.99 on reversion, out + .10 and - .06. We hit MYL SHORT at 72.44 off the stinky 5s for reversion to scalp a nice quick rug pull to 72, out + .44.  Closed out the day with + $1,010 profits.