Today may have been Thursday, but it was surely trading more like a Friday. We are amazed to be closing the day with 183% of our daily profit target. It seemed like every stock was wearing 2 faces, the one before you get into it and the real face. With that being said, there were a lot more lower lows, than higher highs today. I grabbed $GNMX and just had to leave it nearly flat. $RTTR moved nicely..every time I got out of it. I had just got out right before the first big rip. I had an uncomfortably large position in $RTTR, which is really the only reason we are up over 180% of our daily target. The stock of the day for us would be $PTI. I admit, they wore me out. If I only would’ve hung in there a little longer. All joking aside, we never really care to much about what we’ve missed. There’s just no room for wishing we would’ve traded better. What we do is meditate on our trades and what we can do to improve next time.
Days like today remind me how important it is to have great tools to find the best stocks to trade, and learn from the ones we already traded. The Squawk and audible alerts from Benzinga Pro are priceless!
Trade Ideas is the most powerful stock scanner on the market, with limitless filter combinations. This means you can create your own scans with trade ideas that perhaps even Trade Ideas themselves haven’t thought of. We like to use Trade Ideas for our evening market research. Yes you read that right. A traders job is never done, morning, noon, evening, and even night if you are doing it wrong.
Important notice to veterans active duty and first responders:
TradeStation is the first broker we know of that has offered no trade fees for active duty military, veterans, and first responders! This may not seem like much in light of the race to $ZERO. Let me be clear, TradeStation is a professional level broker with amazing short locates, precision fills like you’ve never seen, Hot Lists that rival the best in the scanner business, and they honored our troops and first responders when others were falling short!
TradeStation is willing to give anyone that supports Mighty Soldiers Trades LLC the following:
