Hey everyone, here is a quick video of my watch list for tomorrow! I will also put the graphs down below this video!
To get a better understanding of how I find stocks and how I trade during the day, check out this link below! Go buy the DVD! You'll thank me!
Buy "InvestorsLive Textbook Trading DVD!"
$JCP (Long) - Will be looking for a weak open R/G move $9 push.
$NRF (Long) - Looking for a continuation, weak open R/G move toward $18
$AGEN (Long) - Looking for R/G move $3 push. Target $3.50 to $4.00
$LOCK (Short) - Looking to break support at $15 and washout.
Hey Everyone, I'm a Part Time Trader based in West Texas. Started out trading stocks and now only Swing Trading Stocks and Day Trading Futures. This blog is just to bounce ideas and keep track of my trades on a day to day basis. Might help some people, don't be afraid to ask me questions if you need any help. Usually post my watchlists, trades, other useful trading material. Follow me on twitter (@WestTX_Trader) My Blog posts are not recommendations to buy or sell any security.
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Watchlist for 08/07/14
$ANR - Like the volume rising on this one. There will be some resistance around the $3.80 level will watch for a push from that level intrad...
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do u trade otc stocks?
ReplyDeleteNo, I don't trade OTC... The OTC market seems down, no more good promoters like APS. If I got into the market 3rd and 4th quarter of 2013, I would be all over OTCs! But now I just think they are not worth the risk.
DeleteCan't you still short them and get good returns. For example, recent ones: FRTD, SPLI, and MINE was one too but now seems to have rebounded over 300% increase and seems like either a very good shorting opportunity if it double tops or a supernova if it breaks 52 week high.
Deletei meant *if it triple tops
DeleteYou could get an excellent return on those stocks if you short them, problem is finding the shorts for them. Unless you know Tim Sykes Broker, good luck finding those lol... Plus with SureTrader, trading with more than 10,000 shares will kill you in ECN and Commission fees if you are not spot on the trade.
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