Yesterday, I wasn't around to trade the markets because I was out doing some other work to make some cash on the side, but regardless of this, I was paying attention to the market all day watching my positions go up!!! PCX broke through $10 today but pulled back hard when it hit that resistance. I am continuing to hold this position and looking for a further move up to the 200EMA on this trade. On top of that, KFT gapped up big today. I had a limit order set up to scale out just under half my position (75 of 175 shares) and was filled at $25.52. I still have 100 shares in the open and I am looking to take profit around $26.50-$27 if possible! HW looks good, and I am holding 300 shares. I am expecting a move up soon in this trade. Finally, RACK!!! I really wish I had been around yesterday to add to my position in RACK but I wasn't. I am up close to 2 points in it now and really don't want to average in since I am that deep in the money right now. Regardless, things are going better than well... they are amazing!!!!
Tuesday, May 5, 2009
Day Trading Post #40
Let's just say things are going my way!!!! I couldn't be happier with my swing trading, and as of today, I have a return (80 days) 47.48%!!!
Yesterday, I wasn't around to trade the markets because I was out doing some other work to make some cash on the side, but regardless of this, I was paying attention to the market all day watching my positions go up!!! PCX broke through $10 today but pulled back hard when it hit that resistance. I am continuing to hold this position and looking for a further move up to the 200EMA on this trade. On top of that, KFT gapped up big today. I had a limit order set up to scale out just under half my position (75 of 175 shares) and was filled at $25.52. I still have 100 shares in the open and I am looking to take profit around $26.50-$27 if possible! HW looks good, and I am holding 300 shares. I am expecting a move up soon in this trade. Finally, RACK!!! I really wish I had been around yesterday to add to my position in RACK but I wasn't. I am up close to 2 points in it now and really don't want to average in since I am that deep in the money right now. Regardless, things are going better than well... they are amazing!!!!
Yesterday, I wasn't around to trade the markets because I was out doing some other work to make some cash on the side, but regardless of this, I was paying attention to the market all day watching my positions go up!!! PCX broke through $10 today but pulled back hard when it hit that resistance. I am continuing to hold this position and looking for a further move up to the 200EMA on this trade. On top of that, KFT gapped up big today. I had a limit order set up to scale out just under half my position (75 of 175 shares) and was filled at $25.52. I still have 100 shares in the open and I am looking to take profit around $26.50-$27 if possible! HW looks good, and I am holding 300 shares. I am expecting a move up soon in this trade. Finally, RACK!!! I really wish I had been around yesterday to add to my position in RACK but I wasn't. I am up close to 2 points in it now and really don't want to average in since I am that deep in the money right now. Regardless, things are going better than well... they are amazing!!!!
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