Intraday Trading – Holding the Lows

The Entry Points

Today I had a quality trade in ACST, just waiting to see if it would “hold the morning lows”. It had a 123 push down, and did eventually hold the lows. With crappy daytrading stocks, I’m just looking to take a chunk out. I’d rather do a spring back into the range. More quality stocks, I like to take a shot into more of the bottom area. Stocks covered – OHPC, XLNX, XNET, DRYS, DCIX, OSTK, EKSO.

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About traderscott 1146 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

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