June 2009 Archives

Getting Back Into the Game

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I have not been trading on a regular basis for several months now. My main concentration has been working on various consulting jobs with my TickerHost.com business and also trying to find a new full time job (send me an email if you have any job leads.)

For the the last month I have been trying to get my feet wet again on my QQQQ swing trading methodology and I'm going to start posting my trades again. The last 4 trades have been profitable but I'm not including them as part of my track record since I didn't document them here.

Yesterday I mentioned via twitter that I purchased 50 contracts of the July 36 Puts (QQQSJ) at $0.80. I'm looking for a move of the Q's down to the $35.50 range in the next couple of days.

Here is the chart I'm looking at today. The Q's are at the top of the trendchannel and the Stochastic is close to rolling over.

2009-06-26-TOS_CHARTS.png