nassarsyed 82 Posted July 4, 2019 Bought 100 TNA $63.12, stop at 20 MA of 62.12 risking a dollar, initial target $65.12 for a 2:1 risk on this trade Small Caps bounced of their 20 MA and closed strong towards day's high although on a shortened session. Sentiment is good, China is a friend and markets seem poised for a breakout barring negative news. Bullish hourly candles into close. Share this post Link to post Share on other sites
nassarsyed 82 Posted July 5, 2019 Stopped out with loss of - $105 - although the move I was expecting did happen, but later in the day. The market dropped on the job numbers - Even with a wider stop I would have stopped out based on cutting YLow. Oh well, this is trading at it will happen. Green on swings for the week, will post results tomorrow.Good thing, had my loss stop for $100 and stuck to plan. @Brian Pez @Marek @Carlos M. Share this post Link to post Share on other sites
nassarsyed 82 Posted July 7, 2019 (edited) Results so far: + 3.39 R or 3.39% return on capital - based on 1% R Risk per trade. Swing Trading Strategy Here is the trading strategy I am using, I won't go into numbers but use a max stop loss per trade of 1% of working capital while I am learning. This is my 1R and you will see this as being referred to as such. so technically, I should be able to take 100 losing trades in a row.... The way this works is, that e.g. your capital is $10,000, your 1R becomes $100. That number than determines the #of shares I would take in a trade. E.g. if I enter a trade with an initial stop loss of $2.00, I would take 50 shares. If the initial stop loss is $0.35, that would mean I would take 285 max share size. I use Hard stops. I try to get a minimum of 2:1 winners to losers over time. I do scale out in 1/3 increments. Make sense? @Brian Pez @Carlos M. @Marek Edited July 7, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 10, 2019 (edited) Entered EA along with Brian, I was watching this as well. I agree with his technical read, EA bouncing of lower part of long channel and bouncing long serving pivot (end 2017) Targets tomorrow above 94 + @Brian Pez@Carlos M. Edited July 10, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 10, 2019 (edited) Watching HRB -decent pull back to 20 MA, stock trending well up... Entry on cross above 20.... price closed up strong on 60 min chart. brice near low of large green breakout candle @Brian Pez @Carlos M. Edited July 10, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 12, 2019 (edited) Took half off for 1.16R at 94.59. Confluence of Moving averages - and rest B/E Resulting profit 0.58R Edited July 12, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 14, 2019 Here is what I am watching for next week. HRB. looking on slight pull back near 28 or a gap up on strong market entry. Stop would be slightly less than 28. Looking for 1R SL - 29ish target. Share this post Link to post Share on other sites
nassarsyed 82 Posted July 16, 2019 (edited) Went long HRB again betting on this "Pull back" in strong uptrend. Entered Long $28.34 with a $0.35 SL adjusted to 1R position size. Concerned that today it could not pop over 20 MA home-base, will watch carefully tomorrow, if it convincingly conquer 20MA, than I am out... It sort of jumped off the 50 MA on the 15th of July... First target should be $29.10 @Brian Pez Edited July 17, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 17, 2019 Also entered BMY with Brian's Alert today, although I entered at 44.45 not 44.32 like him, stop remains the same 44.05 - adjusted position size accordingly: Share this post Link to post Share on other sites
nassarsyed 82 Posted July 19, 2019 Stopped out on BMY with Brian. - 1.1 still in HRB. came close to stop. Tomorrow ahluld love higher due to BA and markets. No charts as I am travelling. 1 Share this post Link to post Share on other sites
JenniferL 27 Posted July 29, 2019 Hi Nas -- Thanks so much for sharing your trades -- I am starting out with swing trading, and just did my first journal entries. Can you share what parameters/tools you use for your stock screen. I am playing with Stock Charts and Finviz. Personally I like stock charts because there is so much educational material, Finviz is much simpler. Thanks! 1 Share this post Link to post Share on other sites
nassarsyed 82 Posted July 30, 2019 On 7/29/2019 at 1:20 AM, JenniferL said: Hi Nas -- Thanks so much for sharing your trades -- I am starting out with swing trading, and just did my first journal entries. Can you share what parameters/tools you use for your stock screen. I am playing with Stock Charts and Finviz. Personally I like stock charts because there is so much educational material, Finviz is much simpler. Thanks! Hi @JenniferL you are welcome - I use Finviz for filters primarily and Tradingview for analysis. My 2 Go to filters are price moving over 20 MA and other one is the a hook, like the one I am posting on NFG next. I also use volume, Trendlines and gaps... Share this post Link to post Share on other sites
nassarsyed 82 Posted July 30, 2019 (edited) I stopped on HRB for a 1R loss. Today I initiated a Long position on NFG. This is a relief move, I think we should see 47.5... Entry at $46.14 with a stop of $0.34 adjusted to 1R position size I exited 1/2 on 2 R, and 1/4 on 3R profit - the balance of 1/4 is at B/E SL. Booked 1.75 R with 1/4 at BE Hard Stop Edited July 30, 2019 by nassarsyed Share this post Link to post Share on other sites
nassarsyed 82 Posted July 31, 2019 Holding 1/4 position with B/E stop overnight. Don’t like the volume. Should have taken all out at EOD. will see tomorrow and take early profits due to Fed meeting. Share this post Link to post Share on other sites
nassarsyed 82 Posted July 31, 2019 Saw this last night but missed the beautiful morning star candle patter. TSLA gave a good move. Freaked out by the fed meeting tomorrow and already in NFG.... Share this post Link to post Share on other sites
