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Everbullish
Everbullish
Everbullish

Feb. 9th- Trades this week- “Scalping” the Mega Caps and Sectors

Feb. 9th- Trades this week- “Scalping” the Mega Caps and Sectors

HAPPY TURNAROUND TUESDAY!

The exuberance is here! There is a lot of profits to be made in the stock market by day trade “scalping.” Scalping is when you take larger positions, in high volatility stocks, and hold for a day or two max. My goal with scalping is 5% per position. This is because the general direction and priced in expectations of the market are as high as I’ve ever seen. Lets take inventory, shall we?


Last weeks Day Trades – From Feb. 3rd-9th

  • $XOM – Exonnmobil +9.75%

  • $PFE – Pfizer, -.46%


Last weeks Swing Trades –

  • $ETHE +15.8%

  • $GBTC +26.15%

  • $RIOT +73.8$

  • $FAS – +12.05%

Now, These are the ACTUAL PUBLISHED trades and RESULTS from last weeks Day Trades, and an example of the Edge you can exploit if you know how. This is by far the best week ever I’ve had trading and will likely not continue, but we take what the market gives us and take the necessary risks when it presents its self. I am very proud of the results and hope many of you followed, and continue to follow or gain ideas outside of the standard asset allocation thinking


In last week’s Day Trade article, I talked about the importance of a Watch List, and “Ready List.” I think this is imperative when it comes to timing. I suggest entering and exiting all positions with limit orders, and buying on Tuesdays where possible, usually between the bell and 9:40. These are just my own personal preference and takes the excitement of overnight “Up Gaps” out of the picture and makes me think deeply about what I’m trading. Follow me on all social media through out the week as I will be posting a few of the stocks on my “Ready List” from the Watchlist below.


My current Watch List

Feb.9DayTrades

Feb. 9th- Watchlist

 

Those are all the ideas and trades I have for the week. Please follow, like, share, and subscribe to the free newsletter. The best compliment I can get is a referral to your friends to help spread the love. Consider buying one of my portfolios in the Portfolio Store section or click here!


PORTOLIO STORE


Happy Trading, LGR!

Chase @ EVERBULLISH

IMG 4666

A picture taken of historic Gruene Hall from a few months back. Guene, Texas.

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