Technical Day Trading Journal

Well today I didn't trade at all , I spent all the time in developing my stock scanner. I don't have 8 eyes and therefore I cannot watch that many stocks. Sometimes I don't pay attention to the screen and sometimes I leave the room. So why lose beautiful trades?

The stock scanner that I built is very simple right now and I will develop it further in the future.
I programmed the scanner to beep when the a stock reaches a certain price from the top or the bottom it doesn't matter actually.

This way when I detect a stock that moves in a range I can set the scanner, or market alerter as I call it, to alert when this particular stocks hits a price.

I'll need to run some tests and then on Monday it's good to go.

If this works I can develop some more sophisticated things like alerts when volume per minute or per x seconds start to rise or when a stock starts to move very fast, this is very easy to do when you have the real time data feed.

So I admit it, I failed as a human trader alone, here I said it.
But why shouldn't I use the help of a computer when I have the proper skills to do that?

See you on Monday guys,

stick around I might let you borrow the scanner.

Yesterday I didn't trade I was just too tired from work.

But the day before I did.

I was following a stock that behaved the opposite from the market. The market went down hard and this stock was still hanging in there without a change.

After a few minutes the market started to rise and my mind and I stepped out of the room.

The whole time this stock, I think it was DV, was on my watch list.


When I came back I noticed this stock rose 50 cents in one minute.

 I was so close.

So I could have made 50 cents in a minute multiply it by 100 shares and you get $50 gross.

By the way, the same thing happened to me the day before, that time it was 30 cents.

What I learned from this story is that I need someone to watch my stocks and alert me while I'm gone.

Luckily, I know how to program a little bit.

So this trading program I use is called GT Laser and the broker is Genesis.

This software can connect to Excel and export market data.


I wrote a macro in VBA that will record every change in the worksheet to a file.


I'm going to build in C# .NET an application which will read from the file and monitor my stocks.

The program will alert whevever a certain rule that I will set is matched.

Let's see how this goes. This should be interesting. This could go far beyond that.

This program can let me know whenever the SPY goes down or up hard or anything else I tell it to.

Hope I make it till this day's trading otherwise I will test it on Monday.

Best of luck to me.

Today I entered one position when I saw a resistance on the 5 minutes chart.
Once I entered the position, long, the market went down and the stock went down with it.

Maybe resistance on small cap stocks is not so great? I would like to hear your opinions about it.

Finally I've made some money.

The first position I entered was HUM. On the 1 min chart I saw a support and decided to wait for the right moment to enter the position, when I saw there weren't too many buyers I entered. Hum went almost 10 cents down so I decided to buy half. Then it went down further and I made almost 10 cents more.





















The second position was Zion, this time I saw a resistance and at the right moment I entered and made almost 10 cents. Not a huge profit but a nice one.

The third and last position was trying to go for Zion again which didnt work so well but I was smart enough to close the position at a very small loss.

Overall this was a good day for me.
I hope your day was good as well.