Goal is now to find the best stocks to either go long or go short by set up.
No longer do I sit in front of the computer itching for a trade it is there or it isn't and I call it a day.
I #TarzanTrade go long then look to short. I find sometimes on low floats i don't get shorts.
I tweaked my scanners to pull the HOD and LOD on every stock also 52 Week Highs and 52 Week Lows
Much better improved trading in the last 2 weeks May20th I tried to test out dip buying huge failure so on the 23rd new focus with less chance of over trading. Not Trading 1 9-5 for another is the motto
May 23rd 2 trades $81 1xPreMarket(11mins) 1xMarket(58mins)
May 24th 4 trades $527 2xPreMarket(1hr22) 2xMarket(41mins)
May 25th 8 trades $139 2xPreMarket(46mins) 6xMarket(41mins)*Too many trades
May 26th 2 trades $135 0xPreMarket(0mins) 2xMarket(6mins)
May27th 3 trades $32 0xPreMarket(0mins) 3xMarket(19mins)
May31st 1 trade -$25 0xPreMarket(0mins) 1xMarket(1.5mins)*Best trade of the 2week no revenge trade
June1st 2 trades $397 1xPreMarket(1hr11) 1xMarket(23seconds)
June2nd 3 trades $241 0xPreMarket(1hr11) 3xMarket(50seconds for Break outs 2mins28s for short)
In studying my trading and the price action I need to hold my last piece for at least 45 seconds to 1.5mins to maximize my buy while still taking safe profit along the way.
i am most successful when my entire time exposed to the market trading is less than 1hour. 41 mins or under 7 mins and 2-4 trades after that my accuracy diminishes with trading fatigue and I make poor choices
6/7 days green starting the month off well today tomorrow will be the real test.
my trading platform looks like this across 3 screens 1x22 portrait 2x23 landscape
Posted Jun 01, 16 12:29 PMbyosirustwits
- 297.00 -- OPTTby osirustwits
- -92.00 -- TTNPby osirustwits
- 8.10 -- CLRBby osirustwits
- 12.25 -- COSTby osirustwits
- -10.00 -- OXGNby osirustwits
- 80.00 -- TTNPby osirustwits
- -24.00 -- CLRBby osirustwits
- -240.00 -- CLRBby osirustwits
- 14.00 -- CLRBby osirustwits
- 72.00 -- CLRBby osirustwits
- 450.00 -- SPEXby osirustwits
- 200.00 -- GBSNby osirustwits
- 43.80 -- VSLRby osirustwits
- 100.00 -- GALEby osirustwits
- 87.00 -- OXGNby osirustwits
- 230.00 -- AKAOby osirustwits
- -10.00 -- OPGNby osirustwits
- 135.00 -- LEIby osirustwits
Yes if the @Palmer if the stock is making new highs I look at the the chart for a daily then I look for a catalyst and how many shares are short to see if it will squeeze. I used to be short everything so i would use this to find over extended stocks but lately everything has been running so if I see it first I have lower risk to ride it up before I look for a short entry.
Got it thanks. I think going with the prevailing trend (daily) is always the smartest thing to do. Why fight against the flow or money and instead try to ride along with it. I've leanred that penny stocks ( < 10$) can and do trend so there will be opportunities to get in and make some bank. Good stuff.
Done for the day total time trading today was 3mins18s
@osirustwits That's my kind of trading! Take profits and walk away. Excellent job.
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