Reaper had a good point in a post on his new blog this weekend:…stock trading is like baseball with no called strikes. If you choose to not make a trade you cannot lose. So the best traders only trade when they have a...
Read MoreUPDATE: USB did bounce today from the bottom low. I probably should of had my stop under $15 which would of exposed to me only a $20 loss. I got stopped out by a nickel.Watchlist: SVNT BCS ACH RJF PAAS HBC GMCR FRO SLT UBSMarket...
Read MoreUPDATE: USB did bounce today from the bottom low. I probably should of had my stop under $15 which would of exposed to me only a $20 loss. I got stopped out by a nickel.Watchlist: SVNT BCS ACH RJF PAAS HBC GMCR FRO SLT UBSMarket...
Read MoreWatchlist: SGY BEC VSEA VCI LVS SYNA VPRT UBS AGP DNBMarket Structure: CHOPPY-OPEN ~ It was somewhat range-bound with a mixed bag of gapping stocks up and down. However, fades didn’t appear to work much and stocks on my...
Read MoreGonna try to a new system for titling my posts…Watchlist: HBC SNE SPR SNE FLS HIG WYNN IP XRAY PLCE AKAM EXPEMarket Structure: BULLISH-OPEN. At one point, I had 7 breakouts and only 1 breakdown. Watchlist was twice as...
Read MoreWatchlist: LIFE MEE BBL WLP RCL YHOO RSMarket Structure: Choppy-Open/Short Bias (what Dr. Brett calls a “Range Day” ~ Light volume (1.0 ATR and 2% gap at 9:45am with slightly more gap downs). Essentially, shorting...
Read MoreWatchlist: PCAR WAT CVH JEC COH JAZZ CHKP PCX OLNMarket Structure: Choppy-Open ~ My watchlist had an equal number of stocks gapping up and down. Most of the morning, at most one or two stocks were trading outside of their range,...
Read MoreWatchlist: LO STP LVS WBS BCRX KNX AETI pulled the trigger on just one trade and I didn’t get a fill on shorting WBS at $11.63. Sometimes, it’s a thin line between “hesi-trading” (staying on the sidelines...
Read MoreWatchlist: RVBD MSFT BRCM SEPR STAR WFR CNW BDK SPWRA CSIQI’m glad the week is over…..in my account, I went from like -$78 net after slowly building it back up since mid-June to over -$500 in the red overall as a...
Read MoreWatchlist: SNDK FLIR EBAY FST ANN FFIV CELG WLT RS TMO VMW MCOStock # / Side Gross Fee Net Set-Up Actual WLT 200 / L 64 -2.92 61.08 ORH-BO ORH-BO VMW 200 / S -24 -2.83 -26.83 ORL-BD Bot Bou CELG 200 / L -45 -2.94 -47.94 ORH-BO...
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