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JDSU – A solid winner…again

2011-10-29T09:14:51-04:00October 29, 2011|

JDSU continues to be a solid gainer for me...a stock that usually moves quick in either direction, which is what I tend to like for fast day-trade gains.  Get in after the 10 am mark, get out at the 30 day moving average.  Note how you play it again for [...]

ILMN – Failure move, then a 2.5% gain

2011-10-27T20:09:40-04:00October 27, 2011|

This is a good example of a selling short that fails, although I say that with a grain of salt.  I'm not going to short something JUST because it's showing it on the chart.  This stock is already falling off about 4% in 30 minutes, so to keep shorting it [...]

NTAP day trade breakout

2011-10-27T08:30:31-04:00October 27, 2011|

Nice example...gap up, moves down, back up a bit and then slams through the low of the day after 10 am.  See more at www.talesofthedaytrade.blogspot.com  

FFIV (oct 26)..just because it’s up 10%….

2011-10-27T08:20:35-04:00October 27, 2011|

Here is a great example of when a stock gaps up and keeps going up for a good 10% move.  Move all over?  Look at other things for the day?  I think not!  If you traded the high of day breakout you'd make another 3-4%.  Not bad!!!!

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 [...]

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