Happy Trading Friday

Today I just took it back to basics.  I was able to put up 2 winners and 1 loser, for a total of $259.66.  Overall, I am ok with my trading performance today, but the one sour note is that the market reversed hard at lunch right when I was getting long.  My goal this month is to hit a minimum of $3,000 profit trading with a maximum of $10,000 per position and only trading one position at a time.  The key will be how well I am able to follow my rules. 

Trading results for the day $259.66:

DLB $140 + 1.48%

PLCE $146.96  + 1.46%

SFI -$27.40  -.48%

 

Below is one of my trades from the day, (PLCE) Children's Place Retail Stores.    This was a classic morning gap continuation play, which there were a lot of today, since the market gapped up over a 100 points on the open. 

PLCE Day Trading BreakoutPLCE Day Trading Breakout