Day Trading Stocks
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Lesson 3 – Trade Examples

Lesson 11 Module 3

AMD - Daily chart

Price was gapping up and out of a daily range which was also in the context of an uptrend.

‚ÄčThere is also an increase in pre-market volume.

[As a side bar this day trade entry could be used to leg into a swing trade.]

Day Trade Stocks

During the pre-market (10mins prior to the open) you can see that price was ranging sideways and angled slightly downwards.

Technically this might be called a bear flag - with the gap up being the flag pole.

A push through the pre-market high in the same direct of the gap is what Im waiting for.

This happens, on the 2 min chart, for a fast entry. Using an inside bar for entry and risk management levels. (entry & stops)

Day Trade Stocks

The target was set as a minimum of 2x the initial risk.

My OCD shot for a nice round $0.50 because I've got a thing for round numbers.

Day Trade Stocks

GOOS - Daily chart

Price was gapping down and out of a daily range which was also in the context of an uptrend.

There is also an increase in pre-market volume.

[As a side bar this day trade entry could be used to leg into a swing trade.]

Day Trade Stocks

During the pre-market trading you can see that price developed a small push and pullback - you could also describe this as a range depending on your perspective.

Waiting for price to pus past the pre-makret lows then looking for a pullback entry which can be seen on the 10-min chart.

Day Trade Stocks

The target was set as a minimum of 2x the initial risk.

This was not reached an timing my exit as just prior to the US lunch time period - I opted to "time out" my trade.

If there is going to be a retracement or reversal this is when it is likely to happen.

Price had paused for around 30-40 mins which is not what I want to see.

[As an aside, the pre-market lows could have been used for an aggressive entry]

Day Trade Stocks

VEEV - Daily chart

Price was gapping up and out of a daily range which was also in the context of an uptrend.

There is also an increase in pre-market volume.

[As a side bar this day trade entry could be used to leg into a swing trade.]

Day Trade Stocks

The pre-market trading - you can see price also trending on the 2-min charts.

As a pullback was developed during the pre-market - this could have been used for entry and stop placement.

I chose a standard entry waiting for a push above the range high followed by an inside bar entry.

Day Trade Stocks

A target was set at minimum of 2x the risk size which it exceeded.

My OCD for round numbers took hold here again and aiming for a $4.00 target by rounding up made sense to me.

Day Trade Stocks

ROKU - Daily chart

Price was gapping up and over resistance which was also in the context of an uptrend.

There is also an increase in pre-market volume.

[As a side bar this day trade entry could be used to leg into a swing trade.]

Day Trade Stocks

The pre-market trading - you can see price also in a clear range and has made a slightly higher high on its recent peak.

During the opening few minutes price pulled back and turned around above the pre-market range lows.

The high of the pre-market range was used for the entry as the pullback entry normally used was developed when including the pre-market price activity.

Day Trade Stocks

A target was set at minimum of 2x the risk size which it exceeded.

Having seen a $2.00 (my OCD for round numbers helping again) an a 2-min exhaustion bar at a BIG round number of $100.00 help make the decision to close for a fast profit in the first 30-mins of trading.

Day Trade Stocks

Pen