To be honest, I don't normally trade LU all the time. I like to trade NT more often than not. I must admit though, lately I've been getting my ass handed to me in LU. It's probably since I haven't really traded it in a while....so I've "forgotten" how it trades. At this point, I trade these stocks until I'm told I can trade more stocks. But I'm perfectly happy trading NT, LU, and CPN. GLW, EMC, MOT, and NOK will probably be the next few stocks that I will be exposed to.
Hey guys! Well, after a weekend full of snow and shoveling, I feel energized and ready to make money!! I hope everybody had a good weekend! Yesterday was a bit dissapointing when I watched the Steelers lose to the Patriots. I really hate the Pats so I was hoping they would get womped. Unfortunately it was the other way around. I really don't care much for the Eagles or the Falcons, but I think the Eagles win was appropriate. Philly hasn't been to the super bowl since the month I was born. Go Philly!?!?
I would suggest trading options on these stocks until you learn. I think it is cheaper. If nothing else, learn PnF charting to help you identify support and resistance. Shorting MOT at 17.5 was a no-brainer (or at least a very low risk trade in my eyes). Resistance at the price had been there before and it's still there! Entering and exiting positions at known support and resistance zones is what it is all about.
Hey guys, Well, NT was totally dead today. And as far as I heard, so was everything else! Anyway, I got a little upset today, I just couldn't get filled after 1pm. Whatever..... I made $313 and spent about $70 making it. Not my best but it could have been better. I had 14 buy executions, 15 sell executions, and 104,800 shares traded. Tomorrow will be a much better day!
Sorry about this morning....I got here kinda of late and had to rush to open up my platform. My morning bus ride, which is normally 10 minutes, took 45 minutes. All the left over, cruddy snow slowed everyone down this morning so Jersey City was in deadlock. Whatever..... Well it was nice to see an up day this month. It's the first time since 1977 that the market has been down for the first 3 weeks of the year. I made $200 and spent about $50 making it. I had 13 buy executions, 11 sell executions, and 116,200 shares traded. Tomorrow will be a better day!
Don't waste your time on stock - go with options. I just scored 100% on Google puts bought on 1/21!! Zoinks!