Another flat day overall in the markets. We had a killer day in the bulls room going 6 for 8 with $2210 in gains.
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Check out this recent blog post by kunal on knowing when you are ready to trade live
ACAD- breakout watch
RSOL- breakout watch.. flagging
OMER- flagging
WLT- 16 looks to be breakout spot
PDLI- breakout watch
BIOS- bottoming out. watching for pop out of this name. sector has been hot
NPSP- breakout watch
Lol I literally had every single one of your picks on my list.
Looking over your blog posts, it seems that most trades look like scalps using 1000+ shares. Is this the norm? I think we spoke once on the profit.ly??? site? I just sold a few items and have about $10K to put in play. Judging from the short term trades and 5 to 50 cent profits, is this the norm? if so, 10K may not do very well. Just pondering your methods vs. leveraging with options…. thanks.
Jim
in certain market conditions we will do quicker daytrades as the market will chop up and down so you need to move quicker and take your gains as they will reverse.