From Harvey’s trading desk
Harvey’s Day Trading Blog
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A Disney Slide
I have mixed feelings about Disney. I imagine I am not alone. As a consumer and particularly as a parent, I have to admit their content is amazing. Who doesn’t love Toy Story? My youngest grew up on Frozen. You…
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A Messy, Lossy Day
It’s funny how easy it is to go from a super-profitable session one day, to kicking off with a silly loser the next. Today’s trades serve as a reminder that we must never become complacent after a big win. I’m…
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One Trade, Five Thousand Dollars
There’s not a lot to say about the trade I’m posting today. Anyone who read my previous post about ROKU and who was watching this stock will undoubtedly have seen what happened. Here’s the chart: There were two yellow flags…
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ROKU Around The Christmas Tree
Oh, too soon. The trouble is I’m running out of titles for posts about ROKU, which tells us something about what a great stock it is to trade. Just take a look at this zoomed out chart for the day:…
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It’s All About The Oil
The news from the weekend is having far-reaching effects on the markets. It’s not just the energy companies that are affected, the impact continues down the line to transport, freight, manufacturing, the list goes on… We all use energy, so…
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Friday 13th Strikes
I’m not a superstitious person, such beliefs are incompatible with profitable trading. That said, Friday 13th got me this time around, slapping me down and putting a big black mark in my trading log. To be clear, the error was…
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An Old Friend
All change! After three days of making money from the same stock, that particular gravy train finally came to an end. Not a problem though, because the market is a bountiful place filled with new opportunity every day. Sometimes that…
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…And Yet More
I haven’t got time for much of a post today, bit hectic with non-trading related stuff. But I wanted to post this chart for reasons that will be obvious if you’ve read the previous two blog entries! This was, unsurprisingly,…
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…And More
If you read yesterday’s post about coming back for more, it will be no surprise to see the first trade I am posting today! Here’s what happened with DOCU: Another lovely setup, although that MA was a bit of a…
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Coming Back For More
Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can…