Day Trading Video 1-3-08

The above video is from my STT long trade. STT setup a nice morning breakout, and I was able to eat most of the gains. Today I traded State Street Corp (STT), Monster Worldwide (MNST), WellCare Health Plans (WCG), and Yamana Gold Inc (AUY), for a total gain of $244.50. I shorted MNST at $28.92, but I covered it early, because I put on the WCG long trade and I felt I couldn't manage both positions properly. Unfortunately for me, MNST dropped about 5% by the end of the day, which would have been a huge profit. Overall, it was a good trading day, but I could have easily cleared $500 if I would have held my MNST short, and my WCG long.

Occasionally you will see trades appear in the position graph bar that I have not been actively monitoring. These trades are from my business partner's account. But I will specifically call out the positions that I am managing so you can follow along. There is a full screen option, so if you find yourself squinting, feel free to go to the big screen. I hope you find this trading video useful.