August 5, 2009

Trading AIG UAUA GGC GGWPQ today and more; also in small 200sh FRE/FNM on today's spikes up, and RDN. AIG the best today; GGC was yesterday, for volatile movers.

Another $600 WINNING Day today.... here's some of my real trades, all the P&Ls for today's IB account trades:



GNW was a great momentum doubler play, sold right under the 8, added to on the way up.
Note from my trade confirmations, P&L screencaps below, that I sold within a NICKEL of the exact top of GNW.
Aced it, baby.





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TRADING TIP OF THE DAY:
Despite the Nas/S&P being relatively rangebound and down today,
our NYSE TRIN was well under .5 for much of today's session, so
I traded aggressively, and profited nicely (+$715.95 to be exact).

PRO TRADING TIP: If you look at the divergence in the NASDAQ vs
NYSE trins on an intraday chart for today's action, you'll see
that the NASDAQ trin spiked into the close, so I didn't buy
much into the close for those stocks, for intraday/swing trades.
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Note these are not to be construed as trading recommendations; consult with a registered investment advisor prior to making any trading decisions; by reading this you hereby agree with all terms at www.daytradingu.com/disclaim.htm and agree to not make trading decisions based on the information contained herein. These are some, but not all, of my actual authentic trades, note that results are not typical for what other traders may do; as I'm a very experienced trader, individual trading results will vary. They are presented as examples of what me, a highly experienced trader can potentially accomplish.