Hey guys, today is the first day of developing a new trading strategy based on higher-priced stocks. The reason for this is that I’d like to move away from low float momentum stocks and try something new that is more consistent.
Overall, it was a good day with $902 in profits after commissions and I went both long and short. Overall, there is still a lot of work to do to refine the strategy but the initial signs are positive.
I found both WB and SINA using Trade Ideas and if you’re looking to get started with it use the 15% discount code on my homepage (DAYTRADEARCADE15).
I may not be recording a lot of videos over the next few days/weeks as I keep on working on the small bits and pieces. Shoot me an email if you have any questions! 🙂