Crazy, volatile week, but insanely lucrative. Day trade profit...

  1. 11,329 Posts.
    Crazy, volatile week, but insanely lucrative.

    Day trade profit in RSG. Still holding ST position over weekend, since our goldies didn't really react much to the breakout in gold.

    FMG short didn't quite reach my target, so holding over the weekend. Greed will probably get the better of me on this one... iron and coal futures down 7 and 5%, respectively.

    Took a short in A2M on close, as it looks overbought, and hitting top of longterm trading channel.

    Yes, I've been bearish on the overall markets for about 1month now, waiting for a correction, but the strength in the US markets has been outstanding.

    Final point, as many of you can tell, I strongly dislike posters who are clearly not day traders and use this thread to pump there longtterm stocks, even more so than repetitive posts on the same stock. Especially when the posters have the ability to influence the average trader, as they appear knowledgeable. It's easy to gain knowledge in a specific stock when you hold it for a many months/years hoping for a recovery.
 
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