Today’s Trades: QLD and TWM

The only thing I am willing to do right now is make quick day trades. As I stated last night, I am only watching index and sector ETFs for trades at the moment. I placed two profitable daytrades in QLD and TWM. I will detail the trades and my strategy tonight.

Longer term swing trades (2 days to 2 months) are not in the cards at the moment. I was tempted to make a few buys on the panic that would have been profitable (AAPL, MON and a few others) but decided against it. Also, financials like MER and LEH are tempting as shorts, but it’s tough to short with the size of the bars and the “financial stimulus” plan on the horizon.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: