Stock Swing Traders

Discussion in 'Journals' started by coolweb, Jan 2, 2006.

  1. DIA to 111.20

    current 111.65
     
    #711     Aug 8, 2006
  2. all positions have been closed


    HYDL - -0.25
    CMI -0.40

    Can't really prevent a gap up.


    VLO closed as well
    67.30 (-0.05)
     
    #712     Aug 9, 2006
  3. cmon coolweb, how large are we talking in CMI? Cant be more than 500 shares. That stock is so volitile, I trade it at least 2-3 times a day and it scares the shit out of me. You cant use stops in him either cause he will crush you. Not to mention its $120+.

     
    #713     Aug 9, 2006
  4. short large STX 19.88

    being very careful here

    re-cover/stop @ 19.88

    DIA break 112.09 and we are good for some good gains.
     
    #714     Aug 9, 2006
  5. TSM medium
    enter 9.30
    stop 9.29
     
    #715     Aug 16, 2006
  6. Sell 1/4th @ 9.37 ( +0.07)
    almost 1% lol


    To cover all my expenses + some money

    Rest 3/4th will ride.

    9.30 stop

    --------------
    stock is strong
    market is weak.

    Mixed feeling = sell some
     
    #716     Aug 16, 2006
  7. Sold 1/2 @ 9.43 + 0.13


    Left: 1/3 share.


    MARKET DOWNTREND =
    I am a daytrader, I take profits and never look back.
     
    #717     Aug 16, 2006
  8. Is TSM something you've been studying for a while or did it pop up on a scan for today?
     
    #718     Aug 16, 2006


  9. All my trades are realtime scans

    I scan for high volume stocks that won't fake a price action move.

    With high volume stocks I can scale very large
    or get out very quickly without slippage.

    this allows me to control my risk, while maximizing my gains.
     
    #719     Aug 16, 2006
  10. Ah, OK. I use the IB screener every day but I generally use the "top % gainers" screen. TSM showed up on the "most active" screen.

    The thing I don't like about "most active" is that the same stocks show up every day like Intel and Oracle. Boring.
     
    #720     Aug 16, 2006