{"id":2316,"date":"2016-10-20T13:16:31","date_gmt":"2016-10-20T17:16:31","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2316"},"modified":"2016-10-20T13:16:31","modified_gmt":"2016-10-20T17:16:31","slug":"a-day-trade-with-u-s-steel","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2316","title":{"rendered":"A Day Trade With U.S. Steel"},"content":{"rendered":"

The steel stocks are on a roll today. As I write, U.S.Steel (X) is up about a dollar to $19.47. I already own 10,000 shares so I’m having a great day with the stock. I also have a $20 Call sold on these shares. I really don’t want to get more involved in X but it’s moving so well I hate to just watch it go up without doing anything. When the stock was at $19.40 I decided to buy another 5000 shares with the idea of getting out with a $500 profit. I was hoping for a very short trade, like 5 minutes. I put in the order to buy the 5000 shares at $19.40 and at the same time I put in the order to sell the shares at $19.50. I was executed on both trades! It took about 10 minutes and I have $500 to put in my mattress. I understand you really need the time to watch to put in a trade like this but the way I look at it, how many people are going to make $500 working at a job today? I’d rather do this! The trade happened so fast I didn’t get a chance to send the “buy” email to notify you of the purchase. This email will cover the buy and sell of the stock. Here’s the orders:<\/p>\n

Buy 5000 shares X @ $19.40<\/strong><\/h4>\n

Sell 5000 shares X @ $19.50<\/strong><\/h4>\n

Profit +$500<\/strong><\/p>\n

\n

If you go to my new page “All Trade Confirmations<\/a><\/span>” you will see the 2 confirmations I received by email from my broker.<\/p>\n

\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The steel stocks are on a roll today. As I write, U.S.Steel (X) is up about a dollar to $19.47. I already own 10,000 shares so I’m having a great day with the stock. I also have a $20 Call sold on these shares. I really don’t want to get more involved in X but […]<\/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-2316","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-Bm","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2316","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=2316"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2316\/revisions"}],"predecessor-version":[{"id":2317,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2316\/revisions\/2317"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}