I traded two stocks today because we had a snow day. Normally I would not day trade.
I enter NVDA at $133 in AM and decided it wasn't for me because the direction was not going right...so I sold at $134. I made $100. Had I held, I would have made $400 because NVDA went up to $137 today. I was wrong, but it's OK...I made a profit.
I entered FIT at $6 and still holding. I'm up like $200.
I only trade 10-20% of my day trade portfolio at a time. Today was a snow day so I did some AM trades.
A stock I'm thinking about getting into is ILMN. I considered entering at $270 but the stock is approaching the 50/200 sma (death cross) so I wasn't sure if people would panic sell down into $250.. Historical charts show the death cross has no bearing on the stock price. BUT, psychology may and so I didn't want to gamble. Right now the stock is up to $274...Maybe I missed the entry point but PATIENCE is key.