Scalping for some small profits
As first day, I tried to familiarize with the broker interface finding immediately some difficult. But at the end on my demo I close 2 trades on $CNET getting a little profit. Let's run ^_^ ---------- I have a lot of things to study :D
Entry comments: Shorted small amount into this 2nd day of spiking, it'll likely fail and I hope it goes a little further so I can average up and get a better price, 30-50 cents/share of downside, if you have the wrong broker then http://tim.ly/tsborrow sorry only my high-net-worth broker seems to have shares to short
Exit comments: Not crashing, volume not fading, it's a Friday, no point in being stressed and risking big squeeze, cutting losses quickly here
Thanks for the lessons boss
Thankyou Tim for great lesson!
Thank you Tim.
Thanks Tim.
Entry comments: No bounce, taking out day lows/support, goal is to make 50 cents/share on probable overnight short
Exit comments: Covered all for small gains, no big overnight panic, stock restricted from shorting today at my high net worth broker, this might have one last spike left in it, playing it safe
Suretrader is not offering any shorts on this !!!
@mandeepathwal welcome to the game, you're lucky they have NXTD you need to change your attitude and education level if you want to sruvive
@timothysykes ok point taken thank you Tim
Speculative short @ $3, only 200 shares. if she spikes I'll shore-up my position a little by adding shares.
Entry comments: Shorted on crack of day low, go red!
Exit comments: Now 3.12 so I played it safe but this stock freaks me out, nice gain here
Entry comments: Shorting failed morning spike, late in this pattern, still risky though, goal is to make 50 cents/share
Exit comments: Got a little crack but still holding up unfortunately so I'm playing this one xtra safe, could still have delayed morning spike
$CNET was headed for a morning panic until they cleverly released news pre-market which not only kept it alive, but made a solid morning spike adhering to my setup rules. My short biasedness wouldn't let me see the clear setup and I missed out...this time. SureTrader had no shares, probably saving me a small loss.
What kind of trading network do you guys use?
The screenshots you see here are from ThinkorSwim. You can download this software and use it for free.
you can download this software without opening an account with thinkorswim?
You'll need to start an account to log in to the software. Again, it's free. Just go to ThinkorSwim.com
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