We had a bumpy week following the 2 big losses last week. Wednesday saw gains of over 430% our daily profit target, only to be taken down a bit Thursday. The $SPX is looking a bit tired at it’s upper trend-line resistance. If it breaks, we will clearly be over extended with nice short opportunities. We are closing Friday with 144% our daily profit target. That brings us up to +1.35% on the week. I’ll take anything over 1% per week all day long. Do the math on that for your account over the next 3 years. One percent is that special number and a perfect goal for any trader. The problem a lot of traders have, is there strategy isn’t scalable. We all have to grow with our accounts. It is a nice problem to have, no doubt!
Today we traded $EYEG $VIVE $SSI $ASLN $CGIX and $VHC. $VHC was crashing and I had to grab that bottom, a couple of times. $EYEG was looking very precarious, as were most of the tickers we traded today. There was too many halts on $ASLN to count, making it very difficult to catch a clean opportunity. All of that and we are closing with profit. November is looking pretty good so far.
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