Sunday, December 17, 2017

Swing Trade Ideas - weekly charts

SWING TRADE IDEAS WEEKLY CHARTS
                                                          
                                                     Current Holds
Stock
Shares
Entry
Stop/Exit 1
Stop/Exit 2
Total Closed
cprx
200
3.93
2.95
2.95

gswtf
100
3.55
1.51
1.51

mara
70
4.24
3.49
1.32

pxs
60
5.48
1.99
1.99

ncs
66
19
15.95
15.95


























                                                             Watching
Stock
Entry Target
Stop
Notes
amwd


watching
Cann


watching
titn
19.55
16.50

meli


watching
rvnc


watching
sage


watching
btcy


watching
fcx


watching
ghdx


watching
lnce


watching
sieb


watching





Account Rules: Model account started November 27,2017  - will track for a year  and compare account % vs S&P 500 (SPY)
  • 1% maximum account risk for each trade - 1% risk  = 200R
  • Maximum of 15% account equity risked on a trade
  • 2 Stops: self half with 1st Stop below 10sma, and self remaining half below 20smaon the weekly chart
  • Will use the tracking model of a 20K account to be compared VS the SPY
  • Spy – shares at 20K price was 260.40 on 11/7/2017 – 77 shares total
  • Will be updated at the end of each trading week.

* Daily 1st Hour Trading Map Posted Daily before 9:30am Eastern Time
 Gapping Stocks to watch, Index Gap Fill Odds and Weekly Swing Trade Ideas


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.

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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