Hallo. I’ve been away for a good bit, but planning to hopefully motivate myself into trading properly this time around. If people have suggestions on how I should trade, what indicators I should use, or even charts that may be of use, that’d help me a lot. I’ll try to keep this up-to-date on what I currently have for positions and my profit/losses.
Aside from that, I’ll give a summary of what I was trading so far…
Yesterday: I played Lockheed (LMT) after they managed to win a $175M contract for F-35s. Historically, this usually entails LMT sells off (as far as someone told me??). I still thought it was worth entering due to how fast it sold in the morning that a potential bounce would be possible.
By the afternoon, it started to rise, though likely due to SPY pulling it up. There was also news that Congress passed a $886M Defense Bill which pushed LMT up $7. I exited a bit too early into the uptrend, but I wanted to secure profit for my first day back.
I’ll be looking further into LMT as we hear more about conflicts in the near future.
Total: $556.12 (+9.86%)
I’ll make another post for EOD today.