5% - 10% profit per day trading

[elitejets]

well i guess not then ...

yeay finally ...

 

[usman88]

Bought @ 4040
Stop @ 3990
TP@ 4190

 

[InvestVision]

shorted 40.90

 

[elitejets]

did your target get hit usman? looks like it was on the nose on ODL

 

[usman88]

nopes. Target is 4190 while market is currently at 4090. I believe we will see a sstrong rally at the end.

 

[elitejets]

sorry i misread your post ...

 

[InvestVision]

Quote from InvestVision:

shorted 40.90

today ( these days in general ) crude does NOT have it's own direction , it just follows ES (s&p)

- to have 41.90 ( I doubt ) for crude today again you need s&P 880

 

[InvestVision]

closed short ,now LONG 40.00

 

[elitejets]

I agree about the S&P
I am still short, think we can get to 39.30 maybe

 

[lemeeeplay]

I didn't day trade today, but I did pick up 1300 shares of USO @ 28.06 in my long-term account at etrade today. I also wanted to buy some GLD as well, but it looks like it wants to pull back a little, so I'll wait on that one.

I really think commodities have put a bottom here and will drag energies up with them.

The CRB index is closing above its 50 day moving average today:
http://stockcharts.com/h-sc/ui?s=$CRB&p=D&yr=1&mn=0&dy=0&id=p80770226033

The activity in CL is still not good for day trading though.