02 Sep Trades for Fri, Sept 2, 2016: + $641 Profits
Autumn 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!
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9:40 – SHORT 2600 MYL 41.09avg, COVERED 2100 at 40.86, out + .23, COVERED 300 at 40.94, out + .15, COVERED 200 at 41.06, out + .03      =         + $534
9:38 – SHORT 300 UA 39.40, COVERED 200 at 39.10, out + .30, COVERED 100 at 38.93, out + .47           =           + $107
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $641 Profits
 
Summary
SPY rallied hard off the opening grind before pealing off the 218.75 last pivot. We scaled into MYL SHORT at 41.09avg on the perfect storm breakdown to scalp the leans at 40.86, 40.94 and 41.06, out + .23, + .15 and + .03 on heavier shares. We tagged UA SHORT off 39.40 to scalp leans as it tagged the 38.73 fib. Closed out the morning with + $641 Profits in the first 30 minutes.