Recent content by mfdoom

Paper traded the last 2/3 days. I did alright but paper trading isn't anything like trading with real money. Conclusion to journal: Out of three weeks trading part time I did well throughout the first week. I feel like if I was able to trade what the market gave me that week, every single...

SLW Bought it twice between 10:00 - 10:30 and got stopped out both times. P&L: (0.7%) ABX BUY: 20.50 SELL: 20.41 P&L: (0.35%) After having a great first week this is the most frustrating thing especially since I have no idea what I am doing wrong/different. I am assuming a good part of the...

BTU BUY: 18.4699 SELL: 18.63 TIME: 10:17 - 10:28 P&L: 0.86% This ticker wasn't even in my watch list, but I had nothing setup that related to my method except AVNR, but I pussied out on that one. There's been a few days I could not trade because a lack of set ups and did not want to go...

Per trade or total for the day is basically the same for me in my case. I have no method for placing more than one trade in the morning at the moment. Anyways, thanks for the insight doesn't sound bad at all I never thought of it like that.

SGOC BUY: 3.53 SELL: 3.45 P&L: (2.27%) Soooo my method doesn't doesn't work on 30% gap ups I guess. Could have taken a 1.8% profit but I was risking about 2%, so that did not make sense. I'm assuming I'll learn exactly when to take a profit and stuff in the long run, and that's why some say...

JCP BUY: 13.73 SELL: 13.66 P&L: (0.51%) JCP doing the strangest stuff. Seems like one half is using one method and one half another method. Stayed true to 1 week support/resistance, but also danced around 1 day fib levels and yesterday's close. Made a profit paper trading. Basically adding a...

MNKD BUY: 5.98 SELL: 6.09 TIME: 9:55 - 10:09 P&L: 1.81% Originally - or two weeks ago - I would not have traded this because it did not fit the exact criteria to put on my watch list. After seeing this similar pattern almost a hundred times I learned to trade it just like the old pattern with...

Agreed. Average profit is not even a tenth for the high outlier. Include a two way commission trip at $10 total and that's $100,000. Not hating on your system, but it's food for thought.

SRPT BUY: 33.25 SELL: 33.37 P&L: 0.35% WOOOO! jks. Still have to cough up a finn to my broker. I use free charting software, so when I was in the trade the pull back candlesticks did not look at all like that. During the trade volume at the retrace (10:29 - 10:32) had estimated 0-1K for each...

Nothing today. The scan I run doesn't come up with a lot of options when the DJIA/NYSE is falling like a brick.

MNKD BUY: 7.66 SELL: 7.90 TIME: 10:03 - 10:12 P&L: 3.14% 3% I know not bad but it kills me that MNKD will probably make a run to 8.20 in the next few minutes.

Correct. Technically I do trade a trend because there is a pattern every time, but it can't be applied to trends like channels or ascending triangles.

SINA BUY: 82.61 SELL: 82.22 TIME: 10:01 - 10:03 P&L: (0.48)% SINA BUY: 80.68 SELL: 82.35 TIME: 10:27 - 10:39 P&L: 2.03% Had a good feeling this would go higher but this slow moving stock made me want to rip my hair out, and it already hit my sell signal. In relativity, this isn't actually...

No possible trades today. BBRY almost made the cut. If any one wants to donate thousands of dollars, holla at cha boi so I can swing trade on days like today I know how to I promise.

NIHD BUY: 6.74 SELL: 6.87 TIME: 9:52 - 9:55 AM P&L: 1.9% Three minutes geeez thankfully I can start my laborious job whenever I want or else I would be bored out of my mind. How do you guys pass the time when your done possible trades? Or what methods do you use to place multiple trades in a day?