Pro Bowl Player
2021 Weekly NFL Picks Winner
I am a short term trader though I wouldn't say I "day trade". I did do a lot of buying when the market hit ~20,000 a couple months ago, so I'm very happy with that decision. I'm probably going to hold onto it for another 8 months or so so I can sell at long-term capital gains tax rates.Disclaimer, please do not buy any stock because of what anyone says here. Do your independent research if a growth stock is posted here and make up your own mind. Additionally, this is not investment, if you are interested in looking for stocks to invest, again this is not the place for that. With that said, lets make money day trading and swing trading.
Due to police brutality being all the rage now, a couple companies are serving as my daily ATM. My goal is just to make $500 per trade and get out. Strategy is to study the price action of the stock, look at the VWAP and the bollingerBands to know when to enter at the right setup.
These companies are making me happy this week: $WRTC, $DGLY $AAXN.
$AAXN just filed an 8-K underwritten(JP Morgan)(Public offering) PO of 3,450,000 shares @$92 Offering Price(OP)a share. Naturally when you do something like this, the(Share Price) SP will gravitate towards the OP.
$NKLA is also another daily ATM.
$CRWD, anything below VWAP is a buy, this is the stock of the future. I have sold core and use about 300 shares to day trade. It has a Beta of about 0.9, 0.4 since recent ER.
What are some day or swing stocks you are looking at now?
Whoever manages my 401(k) at Fidelity is a pretty smart person because even though the market is still down about 15% from highs earlier this year, my 401(k) is up 1% over the same time period. 1% ROI over a 4 month time period is not a long term goal, but in this case it is way outperforming the market.