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Showing posts from April 29, 2018

End Of April +$414 for the day , minus $2800 for the mont

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Watchlist $MCD $ARNC $TMUS $MU $FDC After loosing quite some money, i learnt to be more conservative and really start small. Right now, doing 100 shares to 200 shares for a few months until I get realyl comfortable and learn more style. Something that I learned today. To observe the stock when it stay at VWAP for long period. 1) I could mean stock will squeeze up 2) major change of direction going to start soon. Either I have good entry and SL or get out of the trade. Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $TMUS I will say this is a 9 out of 10 quality trade for me. I have quite a good entry and have good control of S. Average Cost  $62.59 SL 63.3. A better entry should be at 3rd minute TP 58 RRR   8.14= 0.7:5.3 Note:  Note for improvement I should try not to trade on minute 2.