Jan 7th: Down day, went shopping and bought a lot of stock, nearly "all in" stocks now. Finished up here today, just +$256 in wins today.



Note that I'd sold much of my stock yesterday into strength, so I was mostly cash this morning; as things sold down I bought and added to positions, especially oil and casino stocks. Here's the complete trade history for today, these are primarily for swing trading entries:






Unlike yesterday, I don't feel that I overtraded today, my trades were fairly straightforward and I had good reasons for each entry.

Trader homework: pull up each chart in a 2-day and 25-day chart and see if, at the time I bought/sold each position, you can see WHY the entries and exits were made.

We may well still see more selling ahead, but I went ahead an initiated these new positions to potentially capitalize on an "up" day coming after the selling is finished. If these markets are like past ones, we may well see another 3-4 red days ahead, with Nas composite support at the 1400. My GGP ending ++ today, (watch also DDR). Just bought another 200 GGP here at 3:46 after screencap above taken, total position now 1200 at 1.87 avg.

We'll see!

To success,

Ken

(these are not to be construed as trade recommendations, they're just for educational use only, so you can see what I'm trading myself)