Guys, today was pretty insane. There are so many small cap stocks in play!! I love this sh*t! I day traded 3 stocks today and made money on all of them. I also closed a small size swing trade I had started last week for a decent gain about 10%. Today was definitely not my most profitable day ever but I love seeing consistency and green numbers more than the $ amount itself, because it tells me I am doing something right and eventually I will scale up my size to make the big money. This is just the start of my second year trading.
What I have been seeing lately is stocks that have a lot of range to make money on both sides of the trade. For example, just look at INO, EYEG, TROV and MGI today. They all had amazing short opportunites followed by amazing long opportunities or the other way around. This tells me that in this market right now, it is very important to lock in profits when you are on the right side. Sure, you should always think this way, but even more so right now with these wild ranges. If you play it perfectly, you will bank on both sides of the trade because the range is really there right now. Hopefully this kind of stuff continues.
Here are the tickers I will be watching tomorrow. I play long and short although I have been a little bit more short biased lately, but don't count me out to go long the squeeze as that is one of my favorite plays and I have a good eye for it.
EYEG TROV INO AQXP MGI GOOG TSLA
Let's make it happen tomorrow! 2016 is the year!!!!!!!!!!!!!!
Tim Sykes for President!
What HH said ^ and also any thoughts on a second e book? i really enjoyed the first one :)
@HebrewHammer I got a couple week long gags from chat so that sort of put me off for a while. Still trading regularly though
@Mars_2_3 thanks buddy, no plans for anything else right now, just focused on my own trading
Thank you Ike
Join now or log in to leave a comment