Archive for October, 2012

TRADE REVIEW $CERN

Great day in the $SPY $QQQ $ES_F , some nice flush and we got some nice moves in our live online trading room. We got $CERN for nice gains with 3 adds to it, I pretty much maxed out my trading account on this one and went all in lol, wouldn’t recommend it for any trader, but the setup was so juicy and my prices were so good that I just had to do it. Even if my third add was wrong, I still would have gotten out for a small profit with my risk adjusted stop. Yes, the entries were that great.  Overall Easy easy trade in $CERN .

The trade was even called out live on my twitter and stocktwits stream. Follow me on twitter @dchsn6

I think I should have named the post , how to max out your buying power in hot plays :). Have a good weekend.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

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TRADE REVIEW $RAX

$SPY $QQQ $ES_F had some crazy movements due to $GOOG pre-announcing their earnings, catching a lot of traders offguard. But we navigated the markets really well in our online trading room with a short in $RAX witha 4R trade should have been more, but I got hungry and had to freaking leave for lunch lol and the way the markets were moving didn’t want to risk my gains. Trading is easy when you can find these setups, again and again.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

TRADE REVIEW $CHK

$QQQ $SPY $ES_F gapped down right at the open made things a little tricky, i.e. whether the bulls are gonna come in and bid it up or bears are gonna crush it and take it lower. However, the bulls took control and moved the prices higher above yesterdays high and on the pullback that is when we took out $CHK trade.

It was an easy 4R trade in our online trading room. Trading is easy when you can find these setups, again and again.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

 

 

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

TRADE REVIEW $KORS

Strong close in $SPY $QQQ $ES_F after a series of down days, with earning season in full effect, markets are looking more bullish. A pretty good day in our trading room as well.

$KORS long was one of the trades which we took in or online day trading room, these are the kind of trades we trade every single day. Its low risk and highreward. This trades was an easy 5R trade.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

 

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

AMERICAN DISCOUNT VARIETY STORES SHOWING CRACKS

I came about writing this post while I saw $COST getting a beating on wednesday after reporting earnings, on thursday and then again on fri. I really wanted to see what is happening under the hood and when I pulled up the charts for rest of Discount variety stores like Dollar General $DG, Dollar Tree ($DLTR), BigLots ($BIG), Target ($TGT), Walmart ($WMT), things don’t look right. A lot of the mentioned names have been seeing some distribution in past week or two and $DLTR have just been destroyed.  One question which comes to my mind is even if these discount variety stores are getting hit in this so called slow down in economy, if people are not even going to these discount stores anymore, do they still have cash left to buy at all. This is a cause of worry in the next few months.

 

 

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

 

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

TRADE REVIEW $EBAY

Another distribution day since Sept 21, 2012 in $SPY $QQQ $ES_F.  Today after close also officially kicks off earning season, with $AA reporting.

This is one the many trade we took in EBAY making an easy 5R trade in quick 15 mins in our online live  trading room.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

Risk: 4 cents

Reward: 21 cents.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

TRADE REVIEW $SINA

Distribution days in $SPY $QQQ $ES_F are increasing, if your a long term- swing trader on buy side, market has given enough reasons to be cautious.

$SINA one of the stocks we shorted today, was on our radar to be shorted in our online live trading room yesterday if there was any weakness in the region of 63.70-63.90, however, we saw a a lot of buying in the tape yesterday, therefore had it on our list today. Once $SINA 62 broke today and showing weakness on the tape with a weak market, I started to look for shorting opportunity.

1st trade short  below yest low 61.85, got a crap fill and got in at .70s with stops at 62. Mentioned in the trading room if it break below 61.70s (2nd add)  time to double or triple up cause now the trade short was high probability trade on all time frames.

If you would like to join us in our trading room, email: dcshn6@gmail.com.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info.

Entry and exit was posted on twitter live too 🙂 .  Follow me on twitter @dchsn6

 

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6