Day Trading Post #27

Today was pretty crappy until the close for day trades... I was getting chopped up in the morning and up only $0.03 cents off of the three trades I took. The close was nice though. I checked out the REITS and saw that around 3:15, they all started ripping up. I missed that move, (caught one scalp for $0.15 cents) but then took SRS long when I saw the REITS turning over. I ended the day up $0.88 cents off of 5 trades total for the day!

For my swing trades, HW and PCX are showing good strength and holding above the $4 mark. Things look good and I believe they will pop up big soon! Also, I shadowed Johnny aka Daytrading Rockstar, host of the Daytrading Radio Show on a trade with RACK. Embedded stochastics look nice, and its also a gap play. The stock barely moved all day, and then after the close, it gapped up 40 cents! I only took 100 shares because I wasn't sure what to expect, but things are going well. I will be paying attention to this stock more closely!



To date, I am maintaining a gain of 15-17% on my personal account! Pretty good in my estimation!

More to come later this week! See you in the markets!