When reviewing the trades below please bear in mind the following. At the moment, my initial risk on the swings I take is around $100 and in most instances usually less. At my current account size this is equivalent to roughly 1% of my account at risk per trade.
In this first trade, I made about $500 in $XRM from a long swing with a 6 day hold:
In this second trade, I made about $300 in $QIHU from a long swing with a 3 day hold:
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 sold my two overnight positions early in the session and went to 100% cash. $VSAT I took a flat on after being up nicely at Tuesday's ...
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Although I made a decent gain on this trade; I missed out on a lot of upside!
Good trades. Glad I found you on StockTwits.
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