Fri Jan 8, 2010

Using my ADX Mastery tactics - http://www.ADXMastery.com , I captured a $110 winner in CYCC by selling into premarket gap up strength this morning before the open, at 8:38am (just 88 shares, too!):






So I sold what looks to be a high, but I've seen stocks like this continue to move up, so I'm using my 'momentum doubler' scaling up tactics to enter buy stop orders for new breakouts, in case it continues to climb after I sold it. A brilliant technique, if I do say so myself :P

__________________
Good trading,

Ken Calhoun, Pres.
http://www.TradeMastery.com (NEW for 2012)
http://www.BreakoutMastery.com
http://www.MomentumDoubler.com
http://www.TradeWebinars.com
http://www.ETFMastery.com
http://www.ADXMastery.com
http://www.ChartScans.com (daily alerts)
http://www.DaytradingUniversity.com
http://www.TradingTelevision.com
http://www.StockTradingSuccess.com (w/Steve Nison)

p.s. per sec/cftc/ftc regs, none of this is to be construed as trading recommendations, it's just for educational use only, so you can "peek over my shoulder" to see what I'm doing with some of my trades. See www.daytradingu.com/disclaim.htm for full disclaimer.
These pages contain excerpts of actual trades I've made; it's not a complete record of every single trade I make. Some days I'll take trading wins or losses that I do not take the time to screencap and post online; it's a partial record of some of my trades. Note that I am not making income nor profitability claims of any kind. Most traders lose regardless of what they do. The majority of my personal income comes from my training business. I try to capture the best highlights of successful days so you can see practical examples of what I'm trading. There are also days in which I incur losses (and wins) which are not shown. This is simply a partial record showing highlights of some of my successful trading days. No representation is being made that other traders, including customers, will be able to trade like I do. Generally expected (average/typical) trader results are that all traders incur trading losses and most do not become profitable, regardless of the training they get. Trading is a speculative, high-risk activity.