I played TNUS well today, making $648 on a $4000 position. Sometimes it is better to trade small and hold longer, rather than getting scared out of positions because of an overly large position size.
Curious exactly how I decided to exit TNUS? Sign up for my email newsletter using the link to the right and you’ll be able to see a video of me trading TNUS while discussing it.
Daily profit: $659.00
Weekly profit: $2111.18
For your Halloween viewing pleasure, I present the pumpkin dance:
Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
Video is hilarious.
Have a great Halloween everybody.
Reaper,
whose level 2 are you using in the newsletter video?
the program is hydratrade.The brokerage is a small one I got when I went with one of Tim’s old brokers from his hedge fund days.
Loved the video… i like how i got to see how IB works in action. Kinda a pain typing in new limit orders rather then dropping and dragging like in TOS. Saw the level 2… i understood ur mentality watching it. I like how you played a small position and tried to play for moderate to large gains on that position, risking little but receiving alot. First video of trading i could relate to cause TNUS was actually on my watch list.
Glad to hear you liked it, John. There are other ways to trade with IB, such as Booktrader, that allow for easier cancel/replace. I’m okay with my methods.
I thought you said you bought the PNUS pump! I get those spam emails all the time and am curious if it made your “portfolio” bigger.
Try reading above. BTW, I deleted your URL … I can’t tell whether this is an attempt at spam or just a very lame joke.
I like hearing your tips on trading. “Sell into random traders instead of all at once.” I’ve added that to my list of trading rules. These trading recap videos are a great idea. It’s one thing to read a book or a website on trading strategies, it’s another thing to see them played out live or in a video with commentary into the “how” and “why” behind the trade.
BTW, full disclosure……..how much compensation did you receive to put that pumpkin mask on and dance for the Halloween video? That was funny, and a bit twisted, I have to say.
hah no I wish I were as fit as that guy (not that he is ripped). I can best be described as ‘pudgy’ and would not dare go near tights!