Morning Panic,

Entry: looking for a major panic near the open, then a bottom to form. I rather be a little late then too early with a loss, comfortable with 25 shares because higher priced

Exit: Had a small postion size, but wanted to trade as if I was trading bigger size. I was planning to sell at 9.00 but saw some weakness and wasnt sure if it would use the 8.80 level as resistance. Now looking at it I could have been more patient, but these stocks cant be trusted!!

Improvements:

• notcing the potential in price action

 

Great patience on entry level, proud of this trade

Breakout,

Entry: Now looking at this, I think this was FOMO, I wanted to enter near the 2.08 level, but justified it wasnt my pattern. I saw that it kep going up and wanted action, I did wait for a pullback. 

Exit: Tried to get out in the 2.50 but my order didnt get excuted, it never retestedd that level and I should have gotten out got for a break even. Let this not great play run for too long.

Improvement:

• Dont chase
• Its okay if you dont get all the plays
• cut losses quicker with smaller position size

Morning Panic,

Entry: This was a % gainer in PM, up 26%, didnt think it was overextended. Good Covid-19 catalyst. Planning to buy at the support level at 1.75. Tried to be patient but itchy fingers, it is getting better. Traded with smaller position size, incase if I was too impatient (add more later).

Exit: noticed that spike didnt hold, should have gotten out once the spike failed. Smaller position size tricks me into thinking i can hold longer. Cut losses quicker

Improvements:

• Cut losses quicker with small position size

Morning Panic,

Entry: I tried to be patient around the 4.20 level, but i did move up my limit order, filled at 4.24. Continue to drop and I added more at the next resistance level around 4ish. I was looking for a nice 3-5% pop

Exit: I got shaken out too earlier, but I am not upset about this my exit. I was impatient and gotten shaken out, I will learn to be more patient on entries. Also, I sized up to an uncomfortable position size. The spike did happen, I didnt play it well, but I will grow from this trade. Stay peaceful and humble, focus on the process.

Improvements:

• sizing - stick to smaller size until consistent 
• being more paitent on enrty
  • try 1/4 size for intial positions 

FOMO, Random,

Entry: saw that it had 2 green canldes, wanting it to conintue. This was not a setup I was wanting or planning to trade, I got furstrated with my earlier losses and wanted a quick fix

Exit: I was uncomfortable the whole time, this is not something I want or should be trading, made my red day into a bigger one. Should have gotten out for a small profit into that quick pop because I was uncomfortable

 

 

Dip Buy, Morning Panic, Revenge,

Entry: Was looking for a pull back at the open for 3-5%, previous spiker... but spikes dont hold

Exit: Tried to cut losses quickly, should have realized this was up 100% within 6 min, super overextended. Not a good play

2nd Enrty and Exit: this was a revenge trade, I wanted to make my money back

Improvements:

• Focus on Morning Panics or multiday runners
• Dont have to trade every day
• Mindset Mindset Mindset

Morning Panic,

Entry: I had a plan to enter near the PM previous low, I noticed that worked well with other stocks. $UONEK was a copycat play of $UONE, traders were probably excited from yesterday percent gains from $UONE. Little to no over head resistance, but not the best play from morning panic because it hasnt been running for 3+ days, was looking for a 3-5% gain. Started with a small position size and added to it, probably would have been better to be more patient on entry point

Exit: From previous trades, I let the gains turn into losses, dont want to be greedy and got out for a little percent gain. By the looks of the charts probably a good idea, extreme faded off for the rest of the day.

Improvments;

• Patients on enrty
  • start small and add might be a good solution

Red To Green,

Entry: Entered at at my plan, if it DGLY can gor r/g and there was the conference to hype it up. wanting 5-10%

Exit: Got greedy, was looking to "make" back was I lost. Should have taken the nice 5-6% that was shown on the charts

Improvement:

• Mindset
  • play the price action and try not to wring out "all" the prfits

Dip Buy, Morning Panic,

Entry: Some talk about it today because to the conference that might addresss police equipment. I think i got ahead of myself, I had a plan to enter if there was action around 9am PST, but entered at 6:30am. This is a stock that previously spiked and has a "hot" catalyst. Was looking for it to pop 5%

Exit: noticed that the "suppourt level" I bought at was not holding at 5.25, my stop was closing price at 5.15. already made a mistake with entering in not the best stet up. I can look to enter again later

Improvments:

• patience on entry
• watch g/r moved

Morning Panic,

Entry: This was on my watchlist before, the plan was to look for a morning panic if the stock is up pre-market. Today they are launching their kartoon shows on different platforms. I noticed that there wasnt "normal action", lots of large biid orders at random price levels. I pointed out the 4.66 (PM support lvl) level as a support level and had an order of 100 shares. There was a quick drop and it sprung back up, FOMO kicked in and I chased it, 100 shares at 4.87, then i added another share around my intial entry level at around 4.69

Exit: I was planning to hold 50 shares and sell, but from previous stocks, the first spike usually doesnt hold. Sold into the first spike once the ask stacked up.

 

Improvements:

• Patience on entry level, trust the process
• Sizing
  • lucky that this trade wen in my favour