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Actual Trade Entries I've Made Recently
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Old 10-26-2008, 08:33 AM
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Default Actual Trade Entries I've Made Recently

Here's one set of 3 entries I got into, this is for a position entry, would've been great for a day trade as well.

That's a key trading tip/strategy -- if you're looking for a swing or position trade entry, it's STILL critical to know how to enter from a day trading standpoint, so that you can nail strong entries, that'll work out great for longer-term trades, too ... as you can see in this DDR long example:

As of today, Oct 26 I'm still long this (look at a 1-year chart to see why!). Also in the same sector, I'm long GGP (General Growth, mall operators).

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Another winner in GGP bottom fishing bounce - sold 2K shares for $2K+ profit
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Old 11-30-2008, 12:19 PM
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Default Another winner in GGP bottom fishing bounce - sold 2K shares for $2K+ profit

Here's another winner:

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Old 11-30-2008, 08:25 PM
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Followup; a trader emailed me asking:
"hi ken,

i just wanted to ask you...how did you do this?
how did you know that the line would go up again?
what kind of strategy did you use?"

For this one, a combination of decision points:

a) the first 300-share trade, I bought on the hammer pivot near the day's lows.
Unfortunately there was a bad news release after the bell, and the stock gapped sharply lower.

b) after watching the price action for a bit on Nov 11th, I saw that it wasn't being sold down any further below it's initial support, near .35-.40, so I started buying it.

c) I bought it several times that day, to build a position, since it didn't drop further on the day. At the time I bought, I was anticipating an upside reversal sooner than actually happened (two weeks later!), and thankfully it worked out.

d) the Exit: I saw that it wasn't able to break over 2.0 whole number resistance, and since it had gone up a multiple of my entry, I figured it was a great exit (it was!) so I took the money and closed out most of the position (2,000 shares) for a healthy profit.

this one will likely be volatile in the weeks ahead, so I'll continue to repeatedly look for good trade entries in it, as it gets overbought/oversold for entering and exiting.

Good question! Hope that helps, re my trade rationale for it.

Regards,

Ken
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Old 12-04-2008, 11:55 AM
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Here's a double I made in C (Citigroup) on small shares:

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