Took 4 trades today.  2 small winners and 2 small losers. Result is a tiny loss to a scratch.

Tickers traded were BABA & GRPN. GRPN I took a total 1200 shares short in the $3.90's,  covered 900  this morning at breakeven and small win on remaining 300. Done with that as I was reminded how I lose the most money on these low priced stocks. Not saying I wont trade them, but I'm finding more success and consistency with higher priced large caps....It just seems large caps respect s/r areas and trade more fluidly. I could be wrong, but it is such a difference that it makes small cap trading feel like gambling. Other ticker BABA took one loss and one gain

Gap up day - as I've mentioned in a previous blog, these type of days seem to be the hardest to trade for me. As evidenced once again it was hard to find anything worthwhile. Good trading overall for me taking stops effortlessly without thought for once! lol