Wow... AAPL was a beast today! I picked up a tiny fraction of it as it fell off its HOD. My paper-trade was a two-position short and my exits were between 2:19 and 2:20 pm for quick scalps. ok... no guts, no glory. It was more fun to watch and learn on such a big mover than to actually try to trade it. The point of all this is to learn, after all. What a ride it would have been to have 1000 shares up then 1000 shares down... a possible gain of about $20,380 from four trade executions: bottom to top and top back down to bottom.
It was a big mover but from the chart you'll see my "What's Familiar" marks on the chart are still relevant; those little lines pointing to likely reversals which are so familiar to me are still relevant!
So, for experienced traders, today was a real nice payday because those clues to stock movement were there even though it was moving unusually for multiple dollars over the 6.5 hours of the trading day.
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Days like today in AAPL are why I continue to study and learn, to pursue trading for a living.
