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Showing posts from November, 2022

Specificity in my Swing Trades

Its clear after coming back, I need to do several things. My goal here is to eliminate noise and guesswork in my trading and selection. And have a plan for every scenario that can come my way.      -Daily Watchlist Star Ranking          -Finding myself taking 7's                  -Need to do star rating before open.      -Specifics in my Trading Process          -No gaps. See below     -Daily Sector Analysis          -Whose hot, whose not, where do I need to let stocks build longer, where do I need in ASAP          -I trade low rel vol names and swing them. They are going to be affected by overall market and sector performance. I need all on my side when I take trades like that.                -Vol cues days before are cues if rel vol is low or high and ne...

November 3rd Week

 The nice thing about swing trading is there is a bit less pressure to get it exactly right. I am still looking down to the 1 min, making sure the stock interacts with my levels correctly and then entering. The difference now is I dont have as much emphasis on the Tape. The chart and vol tells me enough. I also dont have too much worry over getting out asap if it doesnt go right away. I have more time to let my idea play out. I can add if 30 min later it pulls back in and holds again. I can let the trade work around my stop area and its fine. There isnt a rush for the exit right away.  I think its a good thing for me to be trading this way because 1 I have to, but also because it forces me to slow down and let the stock do its things.  -------------------------------------------------------------------------------------------- Market exploded, shorts screwed. Looking for more long setups mainly. Clear as day there are some great short failures that turned into great longs...

Im Back

Im back. Here we are once more in the mix of the market. I am ready for some action.  I got a good chunk of change to work with again built back up, put it in to a new Tradestation account and made a couple trades yesterday. Swings. Which failed same day. I blame Fed and crazy whip action.  But thats my fault for starting my trading back up on a day where we knew there were going to be some major vol spikes happening.  Either way, yes swing trading.  I am not able to day trade like I want to. I dont have the tools, the monitors, the information edge I need to day trade. I do have enough to swing trade though. ------------------------------------------------------------------------ There is a lot to unpack here. With job, with trading, with trading on the job. Not sure where to start. I have been still keeping track of sentiment, and added several new sentiment sheets on top of that to take a closer look at what the market is doing behind the scenes. FANGMANT, BIG Tec...