931 - trading stocks now

I just realized that my IG account is able to get information for Nasdaq shares, just that there is 15 mins delay. It is good for me, cause my trading will not be limited to currencies only.

I decide to keep my theories even more simple. I only look at the overall trend, then enter during a retracement.

Currently, I am short on Facebook shares. The overall market seems to be going downwards. I picked Facebook because from my platform summary, they have the biggest upward spike. They are currently on 2% gain.

I also did not set a Stop Loss, as there are many sudden spikes upward or downwards. Or rather, long shadows, or pins. I think I might set a limit stop to take advantage of it. I set my Limit Stop at 48, to grab the chance in case there is a sudden pin downwards again.

I only bought 30 shares. But I must remember that there is entry fee of 15 USD.

You can also see there is a resistance at around 64. So there is a good chance it will head downwards again. If it continue going beyond that, I might consider closing the trade.