Love trading Bank of America

 

 

 

 

 

Remember trading has Biblical principles

 

ESV PR 13:18

Poverty and shame will come to him who disdains correction,

But he who regards reproof is honored.

 

 

That's why I trade with the Stock Whisperer

 

 

 

Short Bank of America

 

Bank of America Corp

(NYSE:BAC)

 

I was targeting $22.53 as that was a prior big block trade.  Short at .79 out of trade @ .54.

 

See side bar for other trades.

 

 

 

 

 

 

My short in MRK would have worked, but stop hit and I did not open a second trade. It did go on to hit my target lower.

 

Trading with bigger size means sticking to small losses.

 

I trade with the StockWhisperer

 

 

 

Short Trading Today

See side bar for results

BAC Short trading

Bank of America Corp

(NYSE:BAC)

 

 

 

 

See side bar for trades

 

 

Bank of America Corp short trade

Bank of America Corp

(NYSE:BAC)

Yesterdays trade also on there.

STILL MOVING HIGHER.

NEW TRADING SIZE

Today I plan to trade a minimum size of 500 shares. I will be working on getting out with small losses from this point on.


0/3 Bank of America  (see side bar)  I need to use a smaller stop loss.

Today's Trading and results

Please see side bar for results.

They may be small gains for now on low shares, but the day is coming soon.

Today's Trades

Did great today! Only lost an AV of $14 per trade, That's a winner in my book.

ArcelorMittal SA short - Marathon Oil Corp short - Starbucks Swing short

                                          *** See sidebar for trade results***

 

 

ArcelorMittal SA (MT)

 

Short trade open on break of .50

 

 

 

Stop hit

 

 

Marathon Oil Corporation (MRO)

 

First trade stopped out  small loss.

 

Second entry on the break of .50. All three targets Hit.

 

 

 

I trade with the Stock Whisperer

 

Here's what following a great teacher can do. Learning to take small losses and educated entries/exits.

 

 

 

I might not be Warren Buffet trading, but I'm trading correctly with small share size and rules

 

 

Starbucks (SBUX) Swing trade

 

Trade Closed, Both targets hit

 

 

 

 

Starbucks (SBUX) short trade

This trade was opened when I saw the news about lower market share.

Starbucks (SBUX)

I was alerted to this news while trading in the StockWhisperer live trading room.