Today’s weakness brought forth a plethora of Power Dips for Thursday’s open. Look for the post tomorrow morning with the picks.
The spreadsheet shows the latest purchases. The system has eight positions, with room for two more. Normally I would not take more than eight or nine positions, but I have a gut feeling that says, “Max out yer cash.” Therefore I will go long two more Power Dips from tomorrow’s list.
Due to egregiously poor timing from the Powers That Be, I was unable to close my [[ORLY]] trade before this evening’s earnings report. (Here is the report). Maybe my luck is turning because the ER was good and the stock is up in the after-hours market.
I am now taking positions in Tradestation and Interactive Brokers accounts. This is a pain, but also helpful due to the redundancy it allows. It also lets me see who is giving me the best fills. So far, it is Tradestation with the best fills, for what it is worth.
Maybe I’m just wishing, but the equity curve looks like it wants to break out!
Can’t tell if that’s an inverse head and shoulders, or the random scrawls of a genius 3-year old.
Milk, lets keep the genius part but make him 36 instead of 3? 😉
Let me know which broker you choose. I have been planning to start trading with trade station, so I am super curious.