Archive for April, 2006

WilyTrader Update

Sorry for not posting much this week folks. I’ve been undergoing a personal trading-style change since getting TradeStation and have had much to learn.

Most significantly, I have been focusing more and more on the futures markets (the e-minis specifically for right now). Given the increased functionality and depth of market internals that I now have access to, I will probably be spending more and more of my time trading and scalping the futures markets and less and less time day trading in the equities markets.

As I progress, I see myself using the stock market more for swing trades and the futures markets more for intra-day cashflow needs. I think I am really onto something here in terms of a futures trading methodology and hope to be posting more about that in the upcoming week.

The daytrading system on this website as it now stands will thus be undergoing some significant improvements. I still plan on continuing with my free daily stock picks but they will be more swing trades in nature unless I see something really jump out at me. I’ll also be reseting my statistics which I hate to do really as they have been very consistent ever since I started the new system revision at the beginning of the year.

Overall, I am continuing to develop myself as a trader and thus find it necessary to make changes here on my blog as well. Hopefully, these changes will help us all to become a little more profitable in our trading activities.

I look forward to filling you in on the many things I’ve been up to here recently, but just got back in town and am beat right now.

Jason

4-27-2006 Daily Stock Picks

Ticker Stop Target
Setup
L/S Open On Open
FDS DT-L
ARM DT-L
CKFR DT-S
JBLU 10.19 12.24 PBO L 10.93
BMY 24.71 25.74 PBO L 25.11
CCI 31.88 33.49 PBO L 32.52
CMCSK 28.49 29.94 PBO L 29.16
VCP 15.89 16.99 PBO L 16.43
TPX 15.29 16.44 PBO, PBS L 15.86
IDCC 22.91 20.74 PSS S 22.29
ISIL 29.81 28.06 Fake & Break(2.5) S 29.19
BRCM 6.21 5.56 PBD S 5.97
OCR 54.36 52.26 PSS S 53.44
HYSL 31.86 30.51 PSS S 31.19

For instructions on precisely how to trade using these picks, please CLICK HERE and read the section entitled “White Regions”

 

4-26-2005 Daily Stock Pick Results

Another solid round today scoring nearly 2 R-Units. Second day in a row I’ve had 70% Batting Average so hopefully I can keep it going into tomorrow.

4-26-2006 Daily Stock Picks

Ticker Stop Target
Setup
L/S Open On Open
CCI DT-L
JBLU DT-L
NBIX DT-S
FCL Exp. Blowoff DT-S
NABI 6.19 7.74 PBO L 6.49
FDS 43.94 45.94 PBS L 44.61
NIHD 58.98 62.74 PBO L 60.31
ISE 41.73 47.24 PBS L 43.81
AMKR 10.39 11.49 PBO L 10.81
ASD 43.39 45.24 PBO L 44.11
CKFR 53.39 56.94 PBS L 54.91
AZPN 12.48 14.19 PBO L 13.23
STJ 37.94 40.74 PBO L 39.18
CMCSK 28.34 29.74 PBO, PBS L 28.96
EMKR 10.54 11.19 PBS, Squeeze-T (dly) L 10.83
NEU 50.49 58.44 PBO L 54.41
XRTX 31.52 28.52 FADE S 30.69
CAH 68.62 66.06 PSS S 67.79
CHAP 66.02 57.77 Squeeze-R (dly), Gap Fill S 63.34
VCP 16.26 15.33 Fake & Break(1), Wkly Dvgnce S 15.89
IDCC 22.91 21.33 PSS S 22.28
HWAY 49.11 47.06 Fake & Break(3), Price Void, Squeeze-T (dly) S 48.19
RGLD 34.81 30.77 PBD S 32.97
HYSL 32.06 30.26 PSS S 31.18

For instructions on precisely how to trade using these picks, please CLICK HERE and read the section entitled “White Regions”

 

4-25-2006 Daily Stock Pick Results

Now today’s more like it. The big winner being NBIX which came as close as a penny from reaching its 3.02 R-return target before closing for a 2.36 R-return gain. The longs that I was in, did ok, and the shorts really made the day for me.

Good thing too, because my second day scalping the futures markets was so-so.

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