Friday June 5th: selling some overnight winning gap up holds, since the premarket charts for these looked to be bear-cup patterns at the time... plus I like to sell winning overnight hold gap ups, starts the day off on a cheerful note, with profits in my pocket...



Favorites today that I'll personally likely be trading include: FITB CENX BBI GGWPQ DRYS LVS HEB OSCI DDR STP CSIQ


Overtraded today, all day long, turned a winning morning into a losing day,net down -$56 in my trades today.

Lessons learned:

"Don't trade 11-2pm EST unless the COMPQ is making a new 2-day high breakout"



"Stick to my rules regarding don't put on 100-share+ size trades from the start, instead use the momentum doubler strategy
with LOOSE initial stops (2 points) on small 5-20 share size trades, then ONLY add to them once they're in the green."

"Do NOT do the older style eg starting a position with 100 shares and a 20-cent stop, as that causes a lot of $20 stops on
a down/choppy day especially".

"Avoid trading down/choppy days -- only trade them into the open and the close, avoid all midday trading".

Have to remind myself of what mistakes I made, that cost me money. I did do a few very well-executed momentum doubler
trades in stocks like AHD though, so that trading was solid experience. And selling HEB at 4.4 turned out to be a great idea
for premarket selling, though I overtraded it, did ok on the bounce off the 2.6, took too many stops though trading after 11am in it,
and took a lot of stops trying to catch bounces in STP today.

Did good on TIN and PRU bounces off the lows.


=======================
TRADE PERCENTAGES JUNE 6th;
"Overtrading a Choppy Afternoon Friday Lessons Learned"


8am-11am
34 winning trades; 14 losing trades WIN PERCENT: 71%


11am-4pm
13 winning trades; 61 losing trades WIN PERCENT: 18%


If I'd walked out of the market at 11am I'd be up; I stuck
around and (over)traded all day and walked out down -$56.

I should remember to not trade after 11am (unless the COMPQ is
taking out a 2-day high), especially on low volume days like
Fridays and stick to the "momentum doubler" strategy for all trades,
don't go back to old daytrading habits re larger size to start positions.

Given all the trading I did (122 trades today) I suppose it's great I'm
just down fifty bucks, but still, I could've stopped at premarket even,
or 11am and been up $142, so I need to remember that, and not trade
choppy COMPQ days like today after 11.

I trade with the goal of making money not just trading and taking stops.
I'll remember this lesson and learn from it, so I don't trade post 11am.
I added a new post-it note on a monitor to remind myself, "No Trading 11-3".

===================


-k

JUNE 10, 2009
Glad I stopped overtrading, ended up net green realized P&L yesterday, trading SQNM, and today so far... glad I sold the gap+ in SQNM today:

June 16, 2009

This is the 2nd day in a row I've ended up the day red, down just $155, mostly on overnight holds that stopped out on taking out new lows...



Nas comp is at 1802 as I write this at 1:12pm EST; 1800 is a key support level for the nasdaq recently.

-k

June 17th, 2009
I'm looking at MMR SVNT (overnight in both) MTXX SQNM FAZ ERY SAY and others for today, since it's a negative premarket/bear open (I check the premarket chart in SDS, QQQQ etc), I'll be selective today and trade lightly.

Real Trading, Revealed:
This morning I bought ERY at 22.67 and sold it 30 minutes later
at 23.83 for a quick "easy money ETF" morning profit....

...how did I know to put on this trade? Easy... the NASDAQ
futures were down (as were energy stocks in premarket charts),
and it was breaking to new highs:



I also bought SDS at 56.99, I just sold it at 57.64 as I write
this. Another winner:



Trading Strategy Tip:

When the market opens down and starts selling off, it's a *superb*
time to buy up the short/bear ETFs (like SDS and ERY, two of
my favorites). There's many more of course... and it's an
easy way to go LONG during a selloff and profit, like I did in
those two ETFs this morning..

Monday June 29th, 2009

Here's a few of my trades and what I'm trading today:

Here's another winner in AIG today.... I hope you'll be able to join us at TradeMastery.com to learn this, and other plays:






============================
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 authentic trades (not hypothetical), however note that results not typical; as I'm a very experienced trader; your trading results will vary.

Wednesday July 15, 2009
Scaling in/out of small share trades, casino stocks strong today on the open

Doing great selling swings, and doing the "momentum doubler" play today, here's my trades executed today so far:



Making $855 in profit in a single day's trading is always fun. All the smart folks who attended http://www.TradeMastery.com 2009 July in Vegas learned exactly how I apply my momentum doubler strategy for swings like this.

Who else in the entire trading industry shows actual screencaps of any of their actual trades and P&L like this? Nobody else. Buy all my stuff and learn.


To insane profits,

Ken

July 27th, 2009

For instructional use, here's every single trade I executed up til 10:14am EST July 27 2009 in my account. Note my only stop was buying a bullish cup SDS (in case the market did an early selloff, which it didn't) ...

LEARN from my entry timing with these trades, it's very instructional to pull up the charts:

UPDATE 11:13 am Now I'm Up Over a FULL THOUSAND Dollars+ today so far:



strongest patterns today so far are NVAX DRYS; LVS/WYNN also on radar


============================
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.

Monday August 3, 2009

Trading GGC SRZ FITB LVS OIL DXO CENX many others today so far, strong open, pulling back here at right before 10am.

Wish I'd let the GGC run, sold too early, still, up a few hundred so far today, active open:




Discipline tip, as it's right after 11am I'm going to cut down on most trading, til the afternoon, and/or if the COMPQ takes out the 2002 to the upside. I may buy SDS/ERY if market continues to drop.

============================
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.