Having a day job surely eliminates the time for you to day trade. But I should be more diligent in sharing with you news about my day trading system. I’m not yet to share it with the world so please approach it with care. I don’t have any qualms to you sitting on the sidelines and watching. Viewing is free.
I spent the last 3 days day trading shipping stocks such as DRYS and GNK. On Tuesday, I picked up 400 shares of DRYS at $10.09. By Wednesday, I sold them at $11.10 for a not so easy $390 gain. It was not so easy because I watched the stock fluctuate constantly for 2 hours, adding stress to my day.
Today, I went in on PLD. I got in late so I didn’t buy it until it surged to $7.10. After four hours, I sold half my position at $7.49. You can say I’m nervous because I have no clue what PLD does or sell. The good thing about PLD and the shipping stocks is that they pay a hefty dividend. To a day trader, it is good news because if the stock drops and you end up holding it, you will get paid a dividend for your inconvenience.
