Saturday, June 30, 2012

LPX 60 min

Check out this chart from StockCharts.com for LPX

Visit StockCharts.com to see more great charts.

GALE 60 min

Check out this chart from StockCharts.com for GALE

Visit StockCharts.com to see more great charts.

FB 60 min

Check out this chart from StockCharts.com for FB

Visit StockCharts.com to see more great charts.

ARNA 60 min

Check out this chart from StockCharts.com for ARNA

Visit StockCharts.com to see more great charts.

AMRS 60 min

Check out this chart from StockCharts.com for AMRS

Visit StockCharts.com to see more great charts.

AKS 60 min

Check out this chart from StockCharts.com for AKS

Visit StockCharts.com to see more great charts.

Thursday, June 28, 2012

Thursday, June 28, 2012

Evening everyone......

Crazy day!  Market opened down....moved down some more...was -170ish when I went grocery shopping. When I returned it was only down -24.  This market is a crazy mofo......

Always wear your seatbelt when trading and keep your arms in the car.....

Wow...wish I could of capitalized on it in some way....

GDP number was even......Euro summit is rocking and rocking the market this evening....

My friend Musky saw the futures at -28...went outside...came back in and they are now +100....

Because of this:  http://www.marketwatch.com/story/europe-plans-single-financial-supervisor-2012-06-28

Looks like a gapper for the morning.....I am not holding anything :(

One small trade today:

COST 4 95 calls .40/.60 = +.20 or +$80

And I sold when the market was down -150ish or something.....came back and the market moved +125 and it only closed at .64.....

Anyway....that's all I got....follow me on twitter and ihub....

Trade safe!

sdh

ZNGA 60 min ~ still on watch...

Check out this chart from StockCharts.com for ZNGA

Visit StockCharts.com to see more great charts.

PSUN 60 min ~ still going....

Check out this chart from StockCharts.com for PSUN

Visit StockCharts.com to see more great charts.

AMRS 60 min ~ entry would of been today

Check out this chart from StockCharts.com for AMRS

Visit StockCharts.com to see more great charts.

AKS 60 min ~ wow

Check out this chart from StockCharts.com for AKS

Visit StockCharts.com to see more great charts.

Wednesday, June 27, 2012

GTAT 60 min ~ nice channel......

Check out this chart from StockCharts.com for GTAT

Visit StockCharts.com to see more great charts.

AMRS 60 min ~ interesting one to keep on watch....

Check out this chart from StockCharts.com for AMRS

Visit StockCharts.com to see more great charts.

LPX 60 min ~ sold yesterday...after a strong start...fell below the channell

Check out this chart from StockCharts.com for LPX

Visit StockCharts.com to see more great charts.

AKS 60 min ~ on strong watch...love how this trades...

Check out this chart from StockCharts.com for AKS

Visit StockCharts.com to see more great charts.

Wednesday, June 27, 2012

Hi folks.....market was up basically all day.....eco data was good and no euro news to dampen the happiness.  DJIA closed at +92.  GDP numbers tomorrow....so watchout!

To the trades:

Been trading more stocks lately....and you know what?....I've missed it....I'm more relaxed and actually happier.  I still like options, but right now with kids home for summer.....stocks are working for me...

Fat pills were being served today....ARNA received FDA approved for the markets first fat pill in 13 yrs.  VVUS and OREX followed suite in hopes their fat pill will be approved.

Was disappointed in ARNA's overall reaction.  Hit a high of $13.50 and closed at $11.21.....I was expecting 100% or at the very least 50%.......

Has Wall Street not seen America's waistline?  Geezzzzz!

LNCR 300 30.21/31.20 +.99 or +$300...it hit $33ish....so money was left on the table
ARNA 500 11.59/11.79 +.20 or +$100
AAPL 575 w c 3.10/3.20....nothing

Overall...a nice day!

Good night everyone.....

sdh

ZNGA 60 min ~ time to reload?

Check out this chart from StockCharts.com for ZNGA

Visit StockCharts.com to see more great charts.

Tuesday, June 26, 2012

LNKD ~ another great example of a perfect setup....

Check out this chart from StockCharts.com for LNKD

Visit StockCharts.com to see more great charts.

AMZN 60 min ~ great example of a perfect setup.....

Check out this chart from StockCharts.com for AMZN

Visit StockCharts.com to see more great charts.

AAPL 60 min ~ seem it like to go hard off the $667 area....will be in if it does

Check out this chart from StockCharts.com for AAPL

Visit StockCharts.com to see more great charts.

AMRS 60 min ~ nice channel action ~ on strong watch for entry....

Check out this chart from StockCharts.com for AMRS

Visit StockCharts.com to see more great charts.

PSUN 60 min ~ broke out of the channel ~ on high watch!

Check out this chart from StockCharts.com for PSUN

Visit StockCharts.com to see more great charts.

Tuesday, June 26, 2012

Well....after the market decided which direction it wanted to go.....it went....was up +70 points this afternoon.  End of day selling came in and we closed at +32.  Consumer confidence is still down....duh....we don't need someone big wig to tell us that!  Nevertheless....the market stayed green.  Low volume and Europe concerns are just a whisper away.

On to the trades:

Got stopped out of my positions in LPX +.42 and AKS even.  Sold LF because it wasn't doing anything and thank goodness I had a stop in and it saved my gains in ZNGA +.40.......

No option trades today.....just didn't see anything that got me excited.  I am missing the action at the bell and sometimes there is not much going on during the day......

Ok...check me out on ihub and twitter.....

Made a lot of updates to the blog.....hope you are enjoying the progress!

Trade smart folks!

Night.....

sdh

LPX 60 min ~ in 10.16/out 10.58 ~ watch for re-entry

Check out this chart from StockCharts.com for LPX

Visit StockCharts.com to see more great charts.

ZNGA 60 min ~ in 5.73 out 6.13 ~ on watch for reload

Check out this chart from StockCharts.com for ZNGA

Visit StockCharts.com to see more great charts.

AAPL 60 min ~ watch for breakout...gonna happen sooner then later?

Check out this chart from StockCharts.com for AAPL

Visit StockCharts.com to see more great charts.

Monday, June 25, 2012

Monday, June 25, 2012

Evening folks..... Wow...what a day....DJIA -138 and here I thought all the charts looked good over the weekend.... Housing numbers were good, in fact, new home sales scored their highest level since spring 2010....but Europe trumped any good data.....concerns over the meeting that will occur later in the week dampened Wall Street.

Ok...let's get to the trades:

AAPL 575 w c at 4.80 / out at 5.10 but it hit 6.00 so left $100 on the table
IBM 195 w c at .87 / out at .74 x 3
DNDN 8 w c at .15 / still in closed at .11/.12

Stocks I'm holding and buy price:

AKS 5.29
LF 10.22
LPX 10.16
ZNGA 5.75

Ok....today's lesson.... Don't trade with the market is either up or down 100 pts when you wake up.... Don't buy calls on a down day.... That's all I got folks... Follow me on twitter and ihub.... Have a good evening....

sdh

LPX ~ 60 min

Check out this chart from StockCharts.com for LPX

Visit StockCharts.com to see more great charts.

AKS ~ 60 min

Check out this chart from StockCharts.com for AKS

Visit StockCharts.com to see more great charts.

LF ~ 60 min ~ still holding

Check out this chart from StockCharts.com for LF

Visit StockCharts.com to see more great charts.

Check out this chart from StockCharts.com for ZNGA

Check out this chart from StockCharts.com for ZNGA

Visit StockCharts.com to see more great charts.

AAPL 5 min

AAPL calls now hitting 5.95/6.00

Visit StockCharts.com to see more great charts.

AAPL 15 min

In AAPL 575 w calls at 4.80

Visit StockCharts.com to see more great charts.

Sunday, June 24, 2012

ZNGA 60 min

Check out this chart from StockCharts.com for ZNGA

Visit StockCharts.com to see more great charts.

SPRD 60 min

Check out this chart from StockCharts.com for SPRD

Visit StockCharts.com to see more great charts.

PCLN ~ 60 min...no ma's in the way.....

Check out this chart from StockCharts.com for PCLN

Visit StockCharts.com to see more great charts.

NKE 60 min - earnings premkt 6/27

Check out this chart from StockCharts.com for NKE

Visit StockCharts.com to see more great charts.

LULU 60 min

Check out this chart from StockCharts.com for LULU

Visit StockCharts.com to see more great charts.

LPX

Check out this chart from StockCharts.com for LPX

Visit StockCharts.com to see more great charts.

ARNA big week FDA decision on the fat pill 6/27

Check out this chart from StockCharts.com for ARNA

Visit StockCharts.com to see more great charts.

AMZN 60 min

Check out this chart from StockCharts.com for AMZN

Visit StockCharts.com to see more great charts.

AKS - 60 min

Check out this chart from StockCharts.com for AKS

Visit StockCharts.com to see more great charts.

AAPL 60 min

Check out this chart from StockCharts.com for AAPL

Visit StockCharts.com to see more great charts.

6/24/12: Hello

Hello folks....

Been a while....I've been hanging out on ihub and became the mod of this board a few months ago: http://investorshub.advfn.com/Options-and-ETF-Trading-With-TA-22640/

I will be posting my nightly updates here as before...

Please follow me on ihub and twitter for live trades, charts, info, tips and tricks...

Take care and good trading!

sdh

6/24/12: Simple Trading Rules

Simple Trading Rules:



A trader that wants to continue trading needs to follow some rules/guidelines:


- Keep trades small 


- Use stops <----- this is a must folks 


- Know your tolerance for a loss: $25, $100, what amt are you willing to risk? Don't let them expire at -0-!!!!! 


- Move your gains!!! Another must...trading acct has $300 in it and you make $200 this week....MOVE THE $200!!!! 


- Trade what you SEE not what you THINK! 


- Learn to read charts...but remember News trumps charts...


Like it or not.....a trader's own worst enemy is yourself. It's not a bad play, or the market, or the chart or whatever....sure, they factor in, but it is how a trader executes a play....

Does the trader take the gains and sell the losers quickly? Or do they let the gains slip away and hold the losing trade until expiration?

You are in charge of your own experience. Are you going to have a good day or a bad one? Read the posts, learn the trends and indicators, ask questions. There are some great traders on this board....many, many of them...

Making money in the market is difficult, but it can be done with strict discipline and personal rules. 



sdh