Greetings ET, and welcome to my journal. A bit of personal history. After years of studying the market and public trading forums searching for experienced traders willing to share clues and some of their knowledge, I proceeded to backtesting their suggestions in order to formulate a system of my own, something I would feel comfortable with. Well happy to say I am now ready to take this fruition live and put everything to work. First and foremost I am a swing trader, I trade off the daily and weekly charts, therefore, I could be in positions for days, weeks, months, sometimes even years. I will be posting swing based calls with timely entries and clear stop placement, as far as exits I like to let winners run by scaling out so there will be a lot of discretion on exits, but I will try to be as clear as possible to keep it honest for the readers. There are many members in this forum (and others) that helped me complete my education, I have thanked them many times via private messages, they know who they are. My trading tools are lines, price and sometimes volume, once in a while I will study RSI but sporadically. Hope you enjoy my journal, dim the lights here we go
Trading plan is swing trading, cut losses short, let winners run. That's all there is to it, very simple, very straight forward.
Limits for tomorrow regular session GLD BUY STOP LIMIT 159.34 1 POINT STOP AAPL SHORT LIMIT 561.23 12 POINT STOP GRPN SHORT LIMIT 10.04 .80 CENT STOP LNKD BUY LIMIT 115.67, 5 POINT STOP MSFT BUY LIMIT 30.86 1.3 POINT STOP Trades initiated at today's close. GOOG LONG AT MONDAY CLOSE 607.77 STOP 595