10 rules of day trading that I am living by (for now)…

2011-10-26T16:26:12-04:00October 26, 2011|

Here are some current rules that I am working on for a successful living day trading.  I am feeling very confident about my initial stop order, which is really just based many times on the classic 1-2-3 breakout, but sometimes not.  I'm interested in a breakout of the high or [...]

MRVL breakout of the daily low after 10 AM

2011-10-26T11:18:49-04:00October 26, 2011|

This is a textbook trade using my strategy of the breakouts that happen between 10 am and 10:30 almost everyday.  By the way, many times you will see similar breakouts around the 1-2 pm range.  Don't fall asleep!  A boring market will wake up in a heartbeat.  Have your stop [...]

QID breakout after 10 AM! That’s a nice-ah

2011-10-26T11:06:43-04:00October 26, 2011|

This is a great example of my day-trading style.  I see a high of day formed, then usually a little downturn, then a breakout above the high of the day after the 10 AM mark.  Works quite often.  Keep a stop loss at about 1-2% or whatever you are comfy [...]

FSLR goes…well, goes to the downside

2011-10-25T22:58:18-04:00October 25, 2011|

This is a crazy downturn in FSLR today.  The CEO announced his leaving and this is what happened.  I actually wanted to short it earlier in the day as I saw it set-up for a possible break of the daily low (it's on my watchlist of about 20 stocks or [...]

Day trade breakout of GMCR

2011-10-25T22:51:07-04:00October 25, 2011|

This was a great low of day breakout on the short side of GMCR.  I don't trade anything until after 10 am, and this trade was good until end of day.  No real move back up to stop you out.  Great move!!!

Fibs & Fibs

2011-05-15T13:09:52-04:00May 15, 2011|

Potential upside and downside targets for the TF are shown in this link to the latest post on my blog:

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