Friday 1st Hour Trading map

Pre-Market Gaping Stocks to Watch

Gaping Stocks to GO WITH - Mid to larger Floats 

•  NVDA pullback to 257 area short
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Gaping Stocks to FADE - Mid to larger Floats 

•  JWN - gap fill - 56 entry area
•  Amat - 41.20 area
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 Gaping Stocks Under 10 to Watch - Lower Floats

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* 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

TRADING PLANS 

Stock Trading Plan: http://www.howidaytrade.com/stock-day-trading-plan.html

E-Mini Trading Plan: http://www.howidaytrade.com/e-mini-trading-plan.html

* 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.