Day Trader by morning, Artist and living the dream the rest of the day. Email me drewtopia2@gmail.com to learn & finance your dreams (San Francisco Bay Area ).
Thursday February 4, 2016. 2 longs and 1 short. 3 trades. None of my stops got hit. I plotted 50% of the move (pink line), you can see it has importance for my short and my last long. Also look at where I entered and the potential per contract. $1250 potential with a…
Tuesday February 2, 2016. Three shorts. I use a one point stop. Most people use a two point stops. I use a one point stop to make sure I (we) are very conservative in our entries. 2 of 3 trades did great. The 2nd one got stopped out to the tick. 6 minutes later (this…
Tuesday January 19, 2016. Went short 997.9. Red Arrow. We haven’t been this low since October 2013. So I have had to use day charts to get a sense of targets, still only using 50% of DAILY moves and Support and Resistance lines. I believe at the time of writing this…
Tuesday January 12, 2016. Went short 1043.4. Red Arrow. Got out above blue line (target). If you look at a 60 minute chart, you’ll see why it was the target (hint 50% of a larger move). FOCUS is important, I would have preferred a higher entry, but I got a text and…
No post today. Did great this week. Do you have any idea exactly why the market moved to the high and low of each day this week? My method shows you that. Can it tell you which direction it will start or exactly how it gets to the high or low. NO! But once it moves…