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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With the markets selling off for what will be three days in a row if we get a negative close today, the odds of a 2 - 3 day bounce from tomo...
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Although we are at a very tough juncture in the stock markets all evidence points to continued downside! Look at the daily chart of the SPY...
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New 52-week highs list remain very thin. But of the few stocks that managed to hit new 52-week highs on Friday, majority of them were either...
Nice trade. Don't worry about missing the upside. In the market you'll never be able to catch the top or bottom. It's just a matter of catching the wave and taking profits before the wave stops.
ReplyDeleteWhat is your opinion going forward? I see resistance at $4 and $8. Still stuff left?
ReplyDeleteI'm no longer interested in it...I think it's on the verge of filing for bankruptcy!
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