I’m still working on getting this blog thing set up… Please be patient with me.
Introductions are in order. My name is Gabe. I am completely new to trading, so do not take anything I write in the blog or eventually say in videos as investment advice or seriously in any way, shape or form. I know not what I’m doing. This is only a journal to keep my trades transparent and hopefully make myself a better trader. So, in other words, this is for entertainment purposes only, so as Tim Sykes says, “That’s my disclaimer, now I can say anything I want.”
Today was fun… Watching ZANE run from 0.60 up to its high of 2.50. My hands were tied as I was transferring funds from my original account at Ameritrade to ThinkorSwim. They got my ACATS transfer finished right as ZANE hit it’s high. I knew better than to buy in at this point, but I did get a small position. Only to watch it go back down to 2.12 at close.
I bought a small lot of VSTNQ around the same time. It closed strong, so I’m hoping for a morning gap.
I bought BBI right at the top… There was a big video released of the CEO pumping it mid day on CNBC that caused it to spike and I snagged some up right when my account funds were available to trade…. right at the top.
I bought a few hundred shares of MCLN early in the morning and am pretty much a wash with it at the end of the day. Nothing exciting. Might hold on to it until it goes big or dies out.
I’m holding on a bit of WAMUQ as well, from my old TD Ameritrade account. It hasn’t been transferred over to ToS yet so I’m forced to hold it. It had a pretty good day today so I’m not complaining. Hopefully they will get all that worked out tomorrow.
I started my account with about $2000. I got that up to about $2500 in the last couple weeks with a couple lucky trades. Until I’m over the PDT limit, I make small trades that I intend to hold over night unless the bottom craps out on me. I’ll make a couple larger trades every week when I see something running really big, like ZANE was today… I don’t know if this strategy will work, but until it doesn’t, that’s what I’m doing.
Thanks for checking out PennyShack.com!
Recent Comments