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.38 from my short position Friday. Predicted a .40 movement down today. Hope my followers on the position made some nice gains. Deciding to cover here, 20.51, profit: .37 PPS.
LOL, at least some people listened :)
Replying to a couple PM's from this morning on this post as well:
Ed: You're welcome, glad I could help. Thank you for the follow mark.
George: Trade Quant: 12K. My avg trade volume range really depends on flux and probability but avg trade quant for this ticker lately has been around 10-14K shares to ensure liquidity during PM-AH if need be.
To the couple members who messaged me and emailed; I appreciate your questions and position follow. As I stated on Friday, my position still stands short BAC. Obvious pullback coming watching the performance here on the half session Friday. As mentioned before; market should be red Monday giving an easy opportunity to make money if following my trade Friday. If you didn't jump on the short train Friday, you'll be able to catch it tomorrow or just play the channel. Estimating around a .40 move tomorrow and the usual .07 channel it finds intraday.
Shorted here, 20.88
Thanks - Hope you have some solid trades tomorrow. I'll be playing golf but may try to squeeze in a few trades! Happy Thanksgiving by the way - time to feast in 30 min.
I have done that in the past here and also with different tickers but not all the time. I just did it with TSLA a few days ago. Next time I trade this one I'll put the PPS and direction along with closing the position. I used to give full analysis on stocks I traded but don't do that anymore as my mailbox was flooded with questions etc. I'll be happy to help you when I can.
Yes that would work. You can pretty much day trade with any quantity but the key is finding the daily channel but watch to see if it breaks the bottom or top to close your position depending on which side your on to limit the loss. Easy money if you do it right.
I normally channel trade. I trade the same stocks over and over again while occasionally adding new ones. I buy in and then short and so on as it moves up and down the channel. My average trade volume for this particular stock is 10,000 shares per trade/transaction. It's hard getting that quantity filled at bid or ask with this ticker so I normally resort to market orders here. Anything over 2,000 shares here generally will not get filled sitting at bid or ask unless the PPS moves up or down a tick so market orders are best with this one unfortunately (as a heads up) even though I hate doing them.
Went great. Please realize I'm a day trader and don't hold any position for longer than a day.
Shorting here :)
Boom :)
Looking good here, should swing back to the $190 range shortly.
I agree, I believe it's definitely a great LT play but you know I'm not that kind of trader. Looking for a quick flip. Should see some higher numbers Monday; this held nicely at $185 and showed strong support at that PPS even in AH. If buying pressure pushes this past $187, we should easily head back into the $190's quickly.
What are your thoughts on this one?
Scooped 500 shares in the low 185's :)
Stuck under 187 resistance. Needs to break through before EOD or this may keep dropping.
How did you come out with a bullish stance? This thing is trading below every MA it has and doesn't have a cross in sight. This thing is headed down unless there's some sort of positive PR that headlines that moves it up to reverse the trend here.
Shorting here. Should be pulling back again soon.
I'm not 100% all of the time but I've learned the best way to make money is to act quickly and take profits while you have them without being greedy and thinking you can make more. Greed makes a loss most of the time.
I covered way earlier in premarket. Made a good chunk of change. I don't hold anything I trade.
Also made a decent amount off of my F short position I held overnight from yesterday.
BAM! There it is guys :) thanks
Shorted this one close to the EOD bell. Lots of money to be made on the way down. Don't get stuck holding the bag here...
Shorted here :)
Shorting here :)
That's good to hear. Not currently holding here, will probably swing trade this again tomorrow.
Thanks. How long have you been trading this one? Hopefully you didn't get stuck in that drop off of the bad FDA headline.
Covering 4.40, nice .25+ PPS on the way down. Not sure how much further it'll fall so taking my profit for now. So far easy trade both directions here. I'll sit on the sidelines till closer to the bell to have a better direction of movement.
Shorted market slightly over 4.65, nice retrace from 4.70 HOD to bid of 4.50 already. May cover here, we'll see.
I did but sold the position already. Shorting here now, it will most likely retrace back a bit before EOD.
For all that don't know, after watching this for the last hour, this is being manipulated by MM's. Watch your position if your holding large quants.
Down she goes :)
Wanted to post in here earlier but have been playing other stocks intraday. I did manage to make a quick play here premarket this morning after I read an article about this ticker. Scooped 10K shares at $3.25 and sold them at $3.35 for a quick $1K profit within a few minutes pre bell. If I only held till after the bell when it ran close to $5 I would've made a nice chunk of change... How I wish I could've held it a bit longer. Looking to play this again tomorrow. Anyone on this board play this more than one time today or see how it's been trading? MM's active being that it's cheap or is it still trading as if it was over $10?
Covered at 11.91-11.92, decided to short RACE overnight. Looks like a downtrend regardless of index activity. I'm expecting it be trading in premarket around .50 under today's close PPS if the trend continues into tomorrow.
Shorting more at 11.98
Don't believe so. This will close in the 80's.
Shorting here at 11.92. Should see a nice pullback intraday.
Sold 116.20 :)
Took a position at $115
This one is getting murdered today. Down 4.25% already
Easy money up and down it goes. Moving like a penny stock today lol