hi Longtermbull many ppl confuse scalp with day trade... scalp it is a 2 max 3 minutes trade (many time could take just a candle) after that it is day trade .. referring to myself as a scalper my target is 10 ticks if it turn against me I get out and try to safeguard my capital otherwise I let it go to my target ... remember that some time we could be loaded so it only need few ticks to get a good return (example yesterday I had 5k shares on AVEO I got 14 ticks ... count that *5 = excellent scalp (isn't always like that tho) with this market and so many stocks going up + with more experiences when it get my target but stock still going strong then I will keep the trade open until I see the first weakness (L2 ) but that is regarded as a short day trade one can even look at teh 5 + 15 min chart and hold it for hours and so on ....but the real scalp it is an in out in few minutes . I don't work on % but ticks ......
SXC back over $10. BOOT is another one that you may want to keep on watch - back over $7. DMRC still making new highs even with an offering with one specific unnamed person and price target raised to $50.
Nice to see Fireopal here ... shame I missed her ... you were right on IMGN it double since you call it... well done
BOOT has a been a great bottom play & good ER yesterday pushed it higher. RDFN (IPO) is another one that folks might wanna keep on radar - nice $$ there too For those that like to play short which is new to me >> ICPT has been a great one lately. MTBC ER due b/f bell and may also be another good short candidate at some point today.
CARA up nice this morning Back to add a couple other that some might wanna keep on radar. Looks like QBAK & ABEO on the move again.
yesterday done (again) 2 nice scalps (pre market)on DRYS ( one was excellent $$$$) and one on TOPS DRYS is my biggest $$$ winner of 2017 .... with just a very quick in-out ... luck