My trades from yesterday and all of this week so far has put my YTD gains at over 10%. Yesterday was the best day of the year so far, despite my absence. I am trading, but I am sitting in a small advanced sociology winter class at the same time between 9am-12pm. To make up for the lack of real-time trades, I decided to continually post screenshots of all of my trades. I’d like to see more people do that since there’s so much bullshit flying around on the internets.
Before I continue, don’t forget to vote for me in the ShortAwards (Finance category) here: http://shortyawards.com/WeeklyTA. Help me beat out #9’s Suze Orman and others and take a top 5 spot for iBankCoin. I greatly appreciate it.
GENZ was a cool momentum pattern. It is an example of being patient for a stock that has spiked intra-day AND sustained/based itself. We wait for the secondary breakout, which I did. I first caught GENZ at $50.88-90 and my final exit trades were at $52.30-31.
Who would have known that CYCC was going to be up +152% for the day? I didn’t, but I kept playing it multiple times and as far as I could. Since there’s really no way to predict a 100% gainer, you just have to roll with it and focus on each setup as they come. Never ditch a stock on your watchlist because it’s “up too much”. I first caught CYCC at $1.5199 with my last trades ending at $1.91-92 before leaving to run some errands.
VVUS was a pre-market volume mover and opening breakout play. The execution was near perfect and I made two solid profitable trades in it ending around 11AM with both adding around 1-1.5% each.
Lesson: Don’t ignore the secondary breakouts.
CYCC
ALTH
Great review on these stocks!!!! A great lesson ….. your a great teacher!!! Thanks a million! I learn so much from posts like this.
How many times can I vote for you at the shortyawards web site?? : ) (Just joking) I guess shortyawards would not have an accurate contest if they allowed more than one vote per person. .
Have a great weekend, CA!!!
And once again, I have learned something new. I’ll keep an eye on the secondary breakouts. PS: I voted for you!! (under Canuck Trader).
Bought some BIOF @ 3.40 earlier, and added just now @ 3.45… think this thing runs like PEIX next week. Look back at December, PEIX went up first then BIOF followed 2 days later
Then you would love FNSR here. It’s BTFO!
I have 38 votes, which is not enough.
You just had to tell everyone that it was an “advanced” sociology class. And you talk about “bullshit” flying around the internet? Try not jacking yourself in the mirror in your next post.
IP flagged as “Coach Coffee”…seriously?
That’s why you don’t blog here anymore.
coach coffee who or what the hell is that? Whatever.
My comment must have really hit home for you to search an IP address. What, are you coming to my location to beat me up??!!! bwahahahahahhahahahahaha. God forbid anyone call you out on your amazement of yourself. A little insecure are we?
66.72.155.37
HAHAHAHAHAHAHA…..You remind me of a “popular” junior high school girl. One who works hard to make sure everyone knows it.
HAHAHAHAHAHAHA.