Wednesday, June 11, 2014

Trades and Recap for 06/10/14

Hey everyone! Sorry for the late post. We had a family dinner with more than 100 people at the house so couldn't really get to a computer to do my post! Last day I traded was on the 10th of this month and here are my results! I just also want everyone to know that I trade in the openings only as of right now. Usually around 10 oclock CST time, I get off my computer. So hitting $150 to $200 in 2 hours is pretty good! I will be trading a lot more these coming months, so I will start trading more hours in the day. 

Day 2 Trading Stats








Here are my two most successful trades of that day! 

$WB - WB was my best trade of the day. Looking at the daily chart, you can see the pattern forming and the line that I drew of resistance. Then in the intraday chart I missed the morning push but entered in the trade at previous HOD. This trade was a good trade. One thing that I am needing to work on is selling half my position and letting the rest ride. If I would have done that, I would have made a lot more money on this trade.

$FEYE - FEYE was a red/green move for me. We saw that weak open and the stock pushing up, I entered right when it hit green for a quick scalp trade. Remember the range on this stock is huge. You don't need to put so much size in these kinds of stocks if you have a small account. 













































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