Trades for Wednesday, May 10, 2017: + $555 Profits

10 May Trades for Wednesday, May 10, 2017: + $555 Profits

Limited Spots For Spring one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available and online coaching sessions.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

Free 4-day trial to our LIVE Trade Alerts chatroom here

======

9:32 – SHORT 500 YELP 28.10avg, COVERED 400 at 27.65, out + .55, COVERED 100 at 27.45, out + .65   =            + $285

9:51 – SHORT 800 VSI 15.20avg, COVERED 600 at 14.90, out + .30, COVERED 200 at 14.75, out + .45      =            + $270

Total Intra-day P/L:   + $555 Profits

YELP05102017

Summary

SPY grinded flat this morning. YELP squeezed premarket as a dumper. We scaled into YELP SHORT at 28.10avg near the 28.11 fib for a beautiful rug pull to scalp out 27.60s-27.40s stinky 2.50s range. We scaled into VSI SHORT at 15.20avg to scale out 14.90-14.75 as it leaned to the 14.48 fib eventually. The nickel spreads require limit orders but are awesome. Used very light shares this morning for nice profits insider of 20-minutes. Closed out the morning with + $555 Total Profits.