Mike's Swing Trading Journal

On a slow smooth moving stock like JOE.. intraday trading around your short bias is not a bad idea.. but i never made any real money doing it. I recommend always trying to nail the overnight moves.. which usually progresses in a 1-3 day time frame in most of my plays.

Right now my position size is very small overall.. because we are in a bear market and I not trading no where near my full potential. Its time like these when its best to either stay out or trade lightly.
 
I think your 100% right on the overnight moves. I have been sitting on my hands not trading for a few weeks now. I did well February and March but April was not that easy. I am changing my style again because I was just playing longs before. I use to short stocks with bullets so this is a different game.
 
I still think JOE is moving down but never bad to take a profit. Its trending down in this crappy market so i will try and give it time. I been just playing on the internet all day because I have no trust in the markets lately.
 
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