I bought 10,000 shares of U.S. Steel 20 minutes ago at $19.75. The stock is down today so, as I said in my post 15 minutes ago, I wanted to take advantage of the lower price. I was up in the air about keeping it to keep my 100 contracts covered or if I get the opportunity, grab some profit and stick it in my mattress. Well the stock just hit $20 and I put a sell order in at the $20. The stock went up to $20.05 and I wasn’t getting executed so I went to cancel my order because of the higher price but as I hit the cancel button I was executed at $20.03. Thats a $.28 gain on 10,000 shares for a total profit of $2800. This might be the quickest $2800 I ever made. I’m happy! Here’s the buy and sell order:<\/p>\n
20 minute profit +$2800<\/p>\n
\n
As I write U.S. Steel is still going up but I won’t get greedy and regret selling. The stock’s up to $20.12.<\/p>\n
I’m not a day trader and don’t condone or recommend it, but when I see an opportunity I must go with what I feel. I’ve been watching U.S. Steel and other steel companies a long time. When you do this you get a feeling of how a stock reacts to market moves.<\/p>\n
\n
Steve<\/p>\n
The Options Coach\u00a0<\/em><\/p>\n \n <\/p>\n","protected":false},"excerpt":{"rendered":" I bought 10,000 shares of U.S. Steel 20 minutes ago at $19.75. The stock is down today so, as I said in my post 15 minutes ago, I wanted to take advantage of the lower price. I was up in the air about keeping it to keep my 100 contracts covered or if I get […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-1838","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-tE","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1838"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1838\/revisions"}],"predecessor-version":[{"id":1839,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1838\/revisions\/1839"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}