HD long

I played this long from 75 support, entered a bit early with 74.5 as stop (prior low). this played out well, but the 2 bars fell very quickly taking some of my profits, else was up big on this since my sizing was very good.
Such bounce plays are generally short lived so you have to trail it very tight and exit as soon as you see weakness...

Gappers Aug 20 2013

GAP UP - $URBN, $BBY, $LOW, $FB, $TSL, $JCP, $HD, $TJX; DOWN - $Z, $MDT, $DKS,$KONG, $LITB, $PWRD, $DKS, $UA

Gappers Aug 16, 2013

GAP UP - $P, $BYI, $TMUS, $GMCR; DOWN - $JWN, $AMAT, $IBN, $PRGO .. No great gaps today..

EL long

$EL - awesome trade, got in on the 1 min consolidation, started small and added to the position when I saw the consolidation. Added a lot more close to 67.5 mark and rode it well over 68... Wanted to protect 68 and then trailed it very tight with every 10 cents up. This is how one can get good R's with meaningful moves. This is risky and only for advanced traders who knows how to take a stop loss.

Gappers Aug 15, 2013

GAP UP - $NTES, $A, $EL, $KSS, $DISH; GAP DOWN - $PRGO, $CSCO, $NTAP, $WMT,$XLNX, $CIEN, $ONXX

DE short-long

Played $DE both ways. One thing to remember in day trading is - change your views as the market and stock reacts. Look at the way this was played. There was a consolidation on 1 min so I went short below that consolidation. Took profit on whole number and to protect prior lows.

Then there was a consolidation on 1 min again, could have gone both ways. It went up, I entered and entered more when 82 held. Took profits near 83.. Milked this both ways.. awesome trade with gains over 7R!!!

Gappers Aug 14 2013

GAP UP - $DE, $HCA, $JKS, $BRCD, $MNKD, $STI, $SINA; DOWN - $CREE, $MM,$MYGN, $M, $NTI, $Z, $MLNX