Stock Swing Traders

[coolweb]

DIA to 111.20

current 111.65

 

[coolweb]

all positions have been closed


HYDL - -0.25
CMI -0.40

Can't really prevent a gap up.


VLO closed as well
67.30 (-0.05)

 

[Steve Tvardek]

cmon coolweb, how large are we talking in CMI? Cant be more than 500 shares. That stock is so volitile, I trade it at least 2-3 times a day and it scares the shit out of me. You cant use stops in him either cause he will crush you. Not to mention its $120+.

Quote from coolweb:

large short position in

CMI 120.50
HYDL 68.22
VLO 67.21

fingers crossed.

 

[coolweb]

short large STX 19.88

being very careful here

re-cover/stop @ 19.88

DIA break 112.09 and we are good for some good gains.

 

[coolweb]

TSM medium
enter 9.30
stop 9.29

 

[coolweb]

Sell 1/4th @ 9.37 ( +0.07)
almost 1% lol


To cover all my expenses + some money

Rest 3/4th will ride.

9.30 stop

--------------
stock is strong
market is weak.

Mixed feeling = sell some

 

[coolweb]

Sold 1/2 @ 9.43 + 0.13


Left: 1/3 share.


MARKET DOWNTREND =
I am a daytrader, I take profits and never look back.

 

[stevegee58]

Is TSM something you've been studying for a while or did it pop up on a scan for today?

 

[coolweb]

Quote from stevegee58:

Is TSM something you've been studying for a while or did it pop up on a scan for today?

All my trades are realtime scans

I scan for high volume stocks that won't fake a price action move.

With high volume stocks I can scale very large
or get out very quickly without slippage.

this allows me to control my risk, while maximizing my gains.

 

[stevegee58]

Ah, OK. I use the IB screener every day but I generally use the "top % gainers" screen. TSM showed up on the "most active" screen.

The thing I don't like about "most active" is that the same stocks show up every day like Intel and Oracle. Boring.