Friday, May 18, 2018

Friday 1st Hour Trading Map

Pre- Market Gaping Stocks to Watch

Gaping Stocks to Watch - Mid to larger Floats
  •  cpb
  •  mu
  •  amat
  • sq
    Gaping Stocks Under 10 to Watch - Lower Floats
    •  qtnt


    * Float: is the number of shares available to trade for the stock - Lower float are smaller cap company's with lesser shares and move much quicker with increased slippage - Larger float stocks are the large cap company's (aapl, dis, ibm, ect) with large amounts of shares to trade - easier to get in an out of with less slippage but will move a little slower.

    Stocks I watch everyday: Aapl, Msft, Mu

    Type of Trades I look for in the 1st 30 minutes of trading: Pre Market High/Low, 1 Minute H/L, Open price reversal, Whole Number or .50 number break trough's or Reversal's and 1 Minute Gap Fades - - - All with the trend of of the stock (gap/go or gap/fade)
    Roth IRA Tracking Account Current Holds and Trades:  Click here for more details on how I trade and track this account.
    • Current holds and watching:
    Indexes Morning Gap Fill Probability, Trend and Trade idea: Can trade the 3x leveraged SPXL ( Long the SPY) SPXS (shorting the SPY) and 2x leveraged QLD (long QQQ) QID(short QQQ) - which mirror the SPY and QQQ - They are lower priced and don't take up as much of your trading capitol while in multiple positions.
    1. SPY: 3
    2. QQQ: 3
    Gap Fill Probability Index:
    • 4 - Highly Probable
    • 3 - Probable
    • 2 - Neutral
    • 1 - Highly Doubtful

    TRADING PLANS 



    * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

    Thursday, May 17, 2018

    Morning trade reviews

    Quick review of this morning trades. 




    1. BZUN-  popped up on the scanner, fast mover - ran up and took less shares/wider stop of .20 on ISB pullback - winner 
    2. WPZ - popped up on the scanner a move up and pullback, nice small inside bar - no gas and took the loss - 2 bars later it took off - 
    3. Hint/tip - narrow your focus and pick one premis to focus on each morning - focus on Fading Gaps or Stay with the momentum of the trend. Both offer plenty of opportunity but more room for error's when trading both concepts. 


    TRADING PLANS 



    * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

    Thursday 1st Hour Trading Guide

    Pre- Market Gaping Stocks to Watch

    Gaping Stocks to Watch - Mid to larger Floats
    •  csco
    •  
    •  
      Gaping Stocks Under 10 to Watch - Lower Floats
      •  blnk


      * Float: is the number of shares available to trade for the stock - Lower float are smaller cap company's with lesser shares and move much quicker with increased slippage - Larger float stocks are the large cap company's (aapl, dis, ibm, ect) with large amounts of shares to trade - easier to get in an out of with less slippage but will move a little slower.

      Stocks I watch everyday: Aapl, Msft, Mu

      Type of Trades I look for in the 1st 30 minutes of trading: Pre Market High/Low, 1 Minute H/L, Open price reversal, Whole Number or .50 number break trough's or Reversal's and 1 Minute Gap Fades - - - All with the trend of of the stock (gap/go or gap/fade)
      Roth IRA Tracking Account Current Holds and Trades:  Click here for more details on how I trade and track this account.
      • Current holds and watching:
      Indexes Morning Gap Fill Probability, Trend and Trade idea: Can trade the 3x leveraged SPXL ( Long the SPY) SPXS (shorting the SPY) and 2x leveraged QLD (long QQQ) QID(short QQQ) - which mirror the SPY and QQQ - They are lower priced and don't take up as much of your trading capitol while in multiple positions.
      1. SPY:3
      2. QQQ:3
      Gap Fill Probability Index:
      • 4 - Highly Probable
      • 3 - Probable
      • 2 - Neutral
      • 1 - Highly Doubtful

      TRADING PLANS 



      * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

      Wednesday, May 16, 2018

      Morning Gap trade Reveiws

      Quick review of this morning trades. 

      1. MU- pre-market high winner .20
      2. TEVA - Pre-market loser .08 - jumped in early before Pre-high but no juice to move it higher
      3. AMAT - 123 break at the high/whole # - went .13 and stopped at break even
      4. ANF - pullback to VWAP - went .10 and stopped at even after hitting the whole number wall

      TRADING PLANS 



      * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

      Wednesday 1st Hour Trading Map

      Pre- Market Gaping Stocks to Watch

      Gaping Stocks to Watch - Mid to larger Floats
      •  teva
      •  mu
      •  
        Gaping Stocks Under 10 to Watch - Lower Floats
        •  blnk
        • clmt

        * Float: is the number of shares available to trade for the stock - Lower float are smaller cap company's with lesser shares and move much quicker with increased slippage - Larger float stocks are the large cap company's (aapl, dis, ibm, ect) with large amounts of shares to trade - easier to get in an out of with less slippage but will move a little slower.

        Stocks I watch everyday: Aapl, Msft, Mu

        Type of Trades I look for in the 1st 30 minutes of trading: Pre Market High/Low, 1 Minute H/L, Open price reversal, Whole Number or .50 number break trough's or Reversal's and 1 Minute Gap Fades - - - All with the trend of of the stock (gap/go or gap/fade)
        Roth IRA Tracking Account Current Holds and Trades:  Click here for more details on how I trade and track this account.
        • Current holds and watching:
        Indexes Morning Gap Fill Probability, Trend and Trade idea: Can trade the 3x leveraged SPXL ( Long the SPY) SPXS (shorting the SPY) and 2x leveraged QLD (long QQQ) QID(short QQQ) - which mirror the SPY and QQQ - They are lower priced and don't take up as much of your trading capitol while in multiple positions.
        1. SPY: 3
        2. QQQ: 3
        Gap Fill Probability Index:
        • 4 - Highly Probable
        • 3 - Probable
        • 2 - Neutral
        • 1 - Highly Doubtful

        TRADING PLANS 



        * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

        Morning Gap Trade Review

        Quick review of this morning trades. 

        1. MTDR- gapped down after popping up on the scanner - broke through the pre-market low - took the pullback on 1 minute charts for a small winner
        2. AAPL - shorted the pre-market low - by the looks of it should of been easy winner with .20 stop and .30 goal with the fast moving AAPL - screwed up my order and somehow took a small loss - made the mistake of still searching for candidates right up to the open and then rushed my order 
        3. BZUN - popped up on the scanner, pullback to the VWAP - missed my entry 
        Hints/Tips: 5 minutes before the open pick the 3 or 4 stocks to monitor at the open - set orders and be done with it

        TRADING PLANS 



        * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

        Tuesday, May 15, 2018

        Tuesday 1st Hour Trading Map

        Pre- Market Gaping Stocks to Watch

        Gaping Stocks to Watch - Mid to larger Floats
        •  Not much standing out - will monitor scanners and larger cap names for a scalp short at the open in csco or intc
        •  
        •  
          Gaping Stocks Under 10 to Watch - Lower Floats
          •  clwt
          • xene

          * Float: is the number of shares available to trade for the stock - Lower float are smaller cap company's with lesser shares and move much quicker with increased slippage - Larger float stocks are the large cap company's (aapl, dis, ibm, ect) with large amounts of shares to trade - easier to get in an out of with less slippage but will move a little slower.

          Stocks I watch everyday: Aapl, Msft, Mu

          Type of Trades I look for in the 1st 30 minutes of trading: Pre Market High/Low, 1 Minute H/L, Open price reversal, Whole Number or .50 number break trough's or Reversal's and 1 Minute Gap Fades - - - All with the trend of of the stock (gap/go or gap/fade)
          Roth IRA Tracking Account Current Holds and Trades:  Click here for more details on how I trade and track this account.
          • Current holds and watching:
          Indexes Morning Gap Fill Probability, Trend and Trade idea: Can trade the 3x leveraged SPXL ( Long the SPY) SPXS (shorting the SPY) and 2x leveraged QLD (long QQQ) QID(short QQQ) - which mirror the SPY and QQQ - They are lower priced and don't take up as much of your trading capitol while in multiple positions.
          1. SPY: 2
          2. QQQ: 2
          Gap Fill Probability Index:
          • 4 - Highly Probable
          • 3 - Probable
          • 2 - Neutral
          • 1 - Highly Doubtful

          TRADING PLANS 



          * You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

          Disclaimer

          I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE