Here's a cut and paste of my watch list for this Monday, its a mix of percent gainers from Friday, earnings winners, and a couple that were percent losers last Friday.
I'm paying special attention on $GLUU, $IMMR, and $SALT.
I'm only planning on entering 2 to 3 paper trades in the morning and maybe 1 or 2 in the afternoon push just to further test using the indicators on timing entries and exits.
Of course, when I go back to trading actual money I will limit my trades to 1 or 2 a week to maximize my position sizing and allowing the time to lapse between trades to avoid free-riding. But as I've mentioned before, I might as well take advantage of multiple paper trades to learn from.
02-29, $GLUU $ACW $IMMR $SUNE $CANV $HPTG $BCEI $MNGA $FCSC $NOG $LIOX $JONE $SYN $LIVE $NBV $VRML $SALT $ATRM $SGMS $ERA $PTCT $WATT
Welcome to my blog. A lot has changed since I started this thing. I'm now trading live after about a year of paper trading and studying. Originally I had planned on starting part time and slowly growing my account but life has a funny way of changing your plans. I found myself at a crossroads of sorts and quickly realized that I was being given a once in a lifetime opportunity to pursue my goals. I took the leap and I'm not looking back. Follow me here and see the triumphs and the losses.
I tend to look for momentum trades that I can hold for anywhere from a few hours to a few days. I usually take positions of $5k to $10k in size to allow larger gains on smaller percentages (it's easier to hit a 1% to 5% gain vs a 10% to 20%+ gainer) and I like to use a trailing stop.
This blog is a way for me to log my progress and to aid me in learning, I hope that you find it useful. Financial freedom isn't given, it is earned. So plant the seeds of education and grow your pennies!