October 24 2014 Live Day Trading

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October 24 2014 Live Day Trading

Maximizing profit and minizing risk

Watch me day trade live. First up are a couple of short trades that I cover for basically breakeven. I patiently wait for the stock SYNA to becomemore bearish before I jump onboard with a short trade. I found these stocks using think or swim scanning for gap downs. SYNA had an earning report this day and was actually quite favorable increasing net revenue by over 25%. Watch and learn how to day trade stocks for profit. Knowing when to admit your wrong in a trade is one of the most important steps to taking small loses so you can really let your profitable trades run. The largest lose I took today was $80 with a total profit of $975 before commissions. Watch the level 2 and T&S to get a feel for price action and the momentum a stock is generating. While scanning through stock charts its important to be patient and wait for a good setup. “If the charts not right, dont bite”

Thanks for watching. If you have any questions or comments dont hesitate to ask. And if your enjoying these videos help me promote the by clicking thumbs up thanks to all my subscribers and tell me something you would like to make a video of and Ill do my best to accomadate