May 20th my GDX short position
I'm currently short on GDX based on technical analysis. This chart shows Head & Shoulders pattern (bearish) on the 4 HR time frame. I used the pop in the stock price to buy puts cheaply. Note the decline in the Money Flow Index, the MACD also gave a bearish sell signal
Riddle solve to spy reaching All Time HIghs
Best Trading Week of my Career
This has been an unbelievable week as I've made epic gains for my personal trading account. My Twitter & StockTwits followers have also enjoyed in my success. To recap some of my trades this week included $vrx, $jnug, $jdst $gdx . I really appreciate all the feedback that was given.
This week was also a stressful week as I stayed up and worked 18-20 hour days reviewing charts, trading, socializing with other traders. The biggest headache this week was following oil from 11pm-2pm at night, then waking up around 630am and opening the laptop to catch the pre-market vibe. You know its bad when you go to bed thinking about stock charts, patterns, are we going to raise rates blah blah. Gold has been on decline, but many retail investors are so easily lead down the wrong path. However, Gold still provides you w/ a great trade to make money. I'm currently just scalping Gold miners, not going long.
$vrx, was a good trade not my investment. It was my "Breakout Stock of the week" Sunday May 16th that I posted it. $jdst still remains my breakout stock of the week as I never took the post down, it's still up. Today May 20, $JDST broke out of a descending triangle and provided a nice scalp opportunity. I was able to get in below $17.80 sold it at $18.74, it dip again Intraday however, I waited to buy it again once it broke $18.87 then sold it above $18.50
This week was also a stressful week as I stayed up and worked 18-20 hour days reviewing charts, trading, socializing with other traders. The biggest headache this week was following oil from 11pm-2pm at night, then waking up around 630am and opening the laptop to catch the pre-market vibe. You know its bad when you go to bed thinking about stock charts, patterns, are we going to raise rates blah blah. Gold has been on decline, but many retail investors are so easily lead down the wrong path. However, Gold still provides you w/ a great trade to make money. I'm currently just scalping Gold miners, not going long.
$vrx, was a good trade not my investment. It was my "Breakout Stock of the week" Sunday May 16th that I posted it. $jdst still remains my breakout stock of the week as I never took the post down, it's still up. Today May 20, $JDST broke out of a descending triangle and provided a nice scalp opportunity. I was able to get in below $17.80 sold it at $18.74, it dip again Intraday however, I waited to buy it again once it broke $18.87 then sold it above $18.50
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