cool some more swing traders here. just exploring the forum a little. thanks for your insights, I have been swing trading for a couple of years too and Im new to day trading. what are your current holdings and whats your invest ratio? would be great to share some ideas once in a while. Now that I focus on day trading especially at the open, I feel like I'm getting destracted seeing at the market from a swing trader perspective and also missed some trades I actually prepared to enter, such as FSLR and WDC.
my newest positons are:
CCL (to me the cruiser with best chart, sector could benefit from rotation and the ABT news about quick corona test)
ALK (same reasoning as above)
ISRG (took the 70x breakout, it has beeen consolitdating sideways on high level for quite long and is due for a move higher if you compare to other strong stocks)
WORK (could be a delayed mover, many digital plays are on incredible heights and WORK is still down, was strong before bad earnings)
TSLA short. (very risky, my entry is around 2220, entered on thursay and thought I'm gonna get stopped out but friday candle looks weaker and showed relative weakness. I may double my positon if it makes a new low on daily on monday. if sellers step in it can also drop quickly as they lock in big gains)
I also shorted MES and MNQ futures as hedge but already closed for a loss. market is too strong and looks higher. I always feel like buying the top up here for quite some time already but it still just moves higher
will be following you journal here.