daytrades


Every now and then I get the urge to daytrade. As it is emotionally exhausting, it normally shows up in spurts, and then the urge burns out. At the moment, largely due to being the best time zone period for me, I have the urge to do a little again.

Normally I prefer to trade near the ‘open’ as this will usually have the best set-up for the day. Trading the ‘close’ normally means carrying the position overnight, and in this market, that can be dangerous.

Close out MOS

Close PCLN @ $453.90

Learned a couple of lessons on this stock: the spread is real nasty. I should have stayed with my original plan to trade GOOG. It had a nice little pop today.

Bought PCLN @ $453.30

PCLN still has the right set-up for a daytrade at the Open

Good intra-day volatility, PCLN has set-up nicely for a daytrade. Looking to get long circa $453/$452 level, should run back to $460