After reviewing my watchlist, adding new stocks that I found over the weekend and deleting ones that appear to be running out of steam or just plainly broke down, my long watchlist is now down to 6 stocks! Meanwhile my short watch list now has more stocks than the long watch list with a 8 and this could be even more but I just hand picked the really great looking ones.
My watchlist can be found to the left of screen. I deleted CPE which I highlighted in my last post as I decided I really was not confident enough in its set ups to trade it.
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
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I was stopped out of CNAM this morning for a profit of roughly $480.00 after commissions. My stop was a little tight but I do not mind being...
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BIG PICTURE: Still in an up trend. Still long biased! MY BEST IDEAS: $RKT: Recent IPO. After an initial 2 day pop, it pulled back for four...
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