The Tao of Minimalistic Trading: $300 Daily Profit

short squeeze here

 

Out 86.50

 

Either way, come rain or shine, this price action is plain weird. We had that roller-coaster 10-minute pump and dump, followed by an anemic selloff. Blech!

 

think outside the box...

the shorts are cashing in..

L 1996

i might see 2010 here

 

Long 89

 

Out 93.50

 

I think I made more than 6 by now. Let me go count my chump change.

 

Calling it quits early. Made 9 points or $450 today minus commish. Despite all the crazy price action, I think I did pretty well with 6 winners and 2 losers.

Code:

Today's Trade Stat

No. of Trades: 8
No. of Winners: 6
No. of Losers: 2
W/L Ratio: 3
Avg Gain: 2.29
Avg Loss: 2.38
Cumulative P/L: 9

$300 Daily Challenge
Winning Days (>= $300): 5
Losing Days (< $300): 2

 

That was a great call. I wish I hadn't bailed out so soon (if so, I would be up another 10 points, yikes!). Yeah, I know, small balls.