Showing posts with label Video. Show all posts
Showing posts with label Video. Show all posts
Saturday, September 15, 2012
Saturday, August 4, 2012
How I made a quick $135 gain shorting $VHC on Friday!
While I didn't make a really big gain on this trade; I thought this was definitely one of my best trades in recent times because I followed my rules and was very disciplined and patient in both waiting for the entry, first partial exit and letting the last 1/2 of the trade ride. Hope this video gives you incite into how I trade and I hope you find something that you can use to improve your own trading!
Thursday, August 2, 2012
How I made a total of $950 in profits in $AUTH and $ARNA in July!
In the two videos below, I go over my two big winners from July's trading. In part 1, I go over how I traded $AUTH on the long side for a $400 gain and then in part 2, I review my short trade in $ARNA in which I made a solid $550 gain and also why I should have made a lot more than $550 bucks. Hope you enjoy!
Monday, June 25, 2012
Review of last night's watch list and a few thoughts on the markets
As I stated before, I was unable to trade today due to the cursed PDT rule and had to just watch from the sidelines. In the video below I go over the watches from last night. There were some nice movers in there today...Enjoy!
If you want to see what I'll be looking at tomorrow and how I plan to play them in detail; click on the "Current Watch List" tab above. Apart from the watches, I wanted to shares a few notes that I made for myself from observing the past few days price action:
1. The US markets are trend less at the moment. They are stuck in ranges similar to the summer of 2011. So if you're a swing trader like me who looks for 2 - 5 day moves, I recommend keeping high cash and being very selective with trades. In addition, cut your usual per trade risk in half (I have cut mine from 1% to 0.5%). Look to hit singles in stead of home runs, that is, set conservative profit targets and as soon as your profit target is hit book all profits, don't hold partials. Be prepared to hold through steep intra-day pull backs.
2. The health sector is currently leading the market (check out a chart of $XLV). If you look to take any long exposure, make sure most of it is here granted you've done the necessary due diligence before hand of course. DO NOT attempt to short these bio-techs that look over extended! That's a recipe for disaster!
Hope you found this post useful. Be sure to subscribe for updates via email above at the top right.
Good luck and good trading!
If you want to see what I'll be looking at tomorrow and how I plan to play them in detail; click on the "Current Watch List" tab above. Apart from the watches, I wanted to shares a few notes that I made for myself from observing the past few days price action:
1. The US markets are trend less at the moment. They are stuck in ranges similar to the summer of 2011. So if you're a swing trader like me who looks for 2 - 5 day moves, I recommend keeping high cash and being very selective with trades. In addition, cut your usual per trade risk in half (I have cut mine from 1% to 0.5%). Look to hit singles in stead of home runs, that is, set conservative profit targets and as soon as your profit target is hit book all profits, don't hold partials. Be prepared to hold through steep intra-day pull backs.
2. The health sector is currently leading the market (check out a chart of $XLV). If you look to take any long exposure, make sure most of it is here granted you've done the necessary due diligence before hand of course. DO NOT attempt to short these bio-techs that look over extended! That's a recipe for disaster!
Hope you found this post useful. Be sure to subscribe for updates via email above at the top right.
Good luck and good trading!
Sunday, June 24, 2012
Thoughts on the market and watches for tomorrow
In this first video, I just go over my thoughts on the market and some adjustments I will be making next week in order to manage risk and reduce the odds of my account getting crippled by a nasty loss.
In this second video, I go over the logic behind my trading approach as well as the stocks/set ups I will be looking at tomorrow.
Hope you found these videos useful. If you did, be sure to subscribe via email on the top right side of the blog for future updates! Good luck and good trading!
In this second video, I go over the logic behind my trading approach as well as the stocks/set ups I will be looking at tomorrow.
Hope you found these videos useful. If you did, be sure to subscribe via email on the top right side of the blog for future updates! Good luck and good trading!
Wednesday, June 20, 2012
Review of today's trades and my strategy for the rest of the week
In the following video I go over my closed swing trades and why I closed them out and other trades from today. I briefly touch on my thoughts on the market and my strategy going forward. Enjoy!
CLOSED TRADES FROM TODAY:
WHY I HAVE NO SWING WATCHES FOR TOMORROW:
Didn't feel the need to go in depth on why I will not add any new long swings at this point since ChartSwingTrader already did a very good job on this. The long and short is that adding new swing longs is too risky at this juncture. Here's the link to the post I mentioned in the video that provides more details: http://www.chartswingtrader.com/2012/06/very-positive-action-but-extreme-levels.html
Should I make any trades tomorrow, I will alert on twitter. So be sure to follow me. My twitter handle is: @elingford
Good luck and good trading!
CLOSED TRADES FROM TODAY:
WHY I HAVE NO SWING WATCHES FOR TOMORROW:
Didn't feel the need to go in depth on why I will not add any new long swings at this point since ChartSwingTrader already did a very good job on this. The long and short is that adding new swing longs is too risky at this juncture. Here's the link to the post I mentioned in the video that provides more details: http://www.chartswingtrader.com/2012/06/very-positive-action-but-extreme-levels.html
Should I make any trades tomorrow, I will alert on twitter. So be sure to follow me. My twitter handle is: @elingford
Good luck and good trading!
Sunday, June 17, 2012
Watch list and detailed trading plan for 6/18/2012
It is my view that the markets have now transitioned into an up trend and my focus will now be on adding longs to my portfolio. Here are my watches for tomorrow as well as few thoughts I wanted to share on my trading. Enjoy!
Here's my detailed trading plan: the exit entries, stop loss and take profit targets that I plan to use:
Here's my detailed trading plan: the exit entries, stop loss and take profit targets that I plan to use:
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