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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Samir who wrote (274)1/16/1998 5:42:00 PM
From: taLuis  Read Replies (2) | Respond to of 2120
 
If you guys stop talking about individual stocks and trades, Mr. Wolff can go on with the business of instructing us on his daytrading techniques.

EVERYONE: Please take your individual stock picks elsewhere. Thank you.

I don't care to hear about any of your stock picks here. There are plenty of other threads on SI for that. I need an education. I need high percentage daytrading strategies and techniques.

Please read the header on this thread and conduct yourselves accordingly:

Please note that this thread is not intended to promote individual stocks, but rather to discuss proven techniques for daytrading volatile stocks.

Luis



To: Samir who wrote (274)1/17/1998 9:38:00 AM
From: Jodi Segal-Lankry  Respond to of 2120
 
Want to see some penny momentum daytrading. Results for the week from the Make 1000.00 a week thread:

+Cents Friday, Jan 16 1998 7:28PM EST
Reply # of 356
WEEK 2 CLOSE

Jodi:
Held 31250 shares MDMI value $5000
Sold 17500 MDMI +$4375
Holding 13750 MDMI $3162.50
Bought 19886 BAAT -$4374.92
Sold 13750 MDMI +$2887.50
Bought 10500 BAAT -$2887.50
Sold 30386 BAAT +$9723.52
Bought 5556 FLEM -$9723
Sold 5556 FLEM +$12501
Bought 20000 VTEH -$7400.00
Bought 12913 BAAT -$5100.00
Sold 12913 BAAT +$5358.89
Bought 13397 VTEH -$5358.80
Sold 33397 VTEH +$17740.4864
Bought 25000 BAAT -$7500
*Bought 20000 DCGR -$9800
Sold 25000 BAAT +$6500
Fri Close DCGR -$800
Total Cash=$6942.1764
Total Stock=$9000
Total Equity $15942.1764
Week 2 Income average=$5741.0882 per week

Cents:
held 500 shares DJT value $3531.25
Sold 500 DJT +$3906.25
*Bought 1182 ILNK -$6279.375
Fri Close ILNK +$73.875
Total Cash=$1.875
Total Stock=$6353.25
Total Equity=$6355.125
Week 2 Income average=$677.5625 per week

Kevin:
Margin Bought 2000 BDE -$4500
Margin Sold 2000 BDE +$5250
Total Cash $6071.875
Total Stock=$0
Total Equity $6071.875
Week 2 Income average=$535.9375 per week

Evan:
Held 375 shares DIGL value $4921.88
Sold 375 DIGL +$5156.25
*Bought 500 PHL -$5093.75
Fri Close PHL +$375
Total Cash=$140.62
Total Stock=$5468.75
Total Equity $5609.37
Week 2 Income average=$304.685 per week

Sue:
*Held 200 shares UTI value $3137.75
Held 175 shares AAPL on margin value $1596.875
Margin Sold 175 AAPL +$ 1684.375
Bought 2000 BCMD -$1937.50
Sold 2000 BCMD +$1812.5
Margin Bought 300 TLK -$1303.125
Margin Sold 300 TLK +$1528.125
Week 1 kickin payback -$259
Fri Close UTI +$237.25
Total Cash=$1790.75
Total Stock=+$3375
Total Equity $5165.75
Week 2 Income average=$82.875 per week

Scba:
Bought 1000 BAAT -$280
Sold 1000 BAAT +$440
Bought 1000 AWLT -$230
Fri Close AWLT -$26.875
Total Cash=$4930
Total Stock=$203.125
Total Equity=$5133.125
Week 2 Income average=$66.5625 per week

Dan:
held 400 shares EVSNF value $3400
Sold 400 EVSNF +$2875
*Short 200 AVNT $3525
*Short 100 AVNT $1781.25
Fri Close AVNT 18 1/2...-$243.75
Total Cash=$10056.04
Total Stock=-$5550
Total Equity $4506.04
Week 2 LOSS average $246.98 per week

Most of my gains were from penny stocks. As my capital gets larger I will have to trade in larger issues due to the liquidation problem. Then you guys better help me out. Anyway, I will be posting picks for the day/week on a new website starting next week due to the tremendous requests I have gotten in e-mail.

Jodi