Ok I have been trading but not journaling properly so I am going to get disciplined doing this.  I am trading with 4 blown discs in my neck, working full time managing a fine jewelry store that I am the manager of and this is our Super Bowl season.  Merry Christmas!!!  SO here we go.  I am not going to upload these paper trades but I will keep track and hold myself accountable and please hold me accountable as well. I have been using a system and because I haven't been tracking it I don't know when it works and when it doesn't.  Here is my system.  I study and set alerts to alert me when a stock is breaking out over multi month or yearly highs.  I confirm news,,,, normally earnings winners that I hunt.  Or huge price action  and volatile stocks,  If good news, I buy long and set a trailing stop at 4.4%.   I will start tracking my wins and losses.  If this doesn't work I am going to set my stop at the actual level.  I can't pay complete attention to the trade so I have to be able to walk away and be able to cut my loss quickly.  Rule number one right?  SO I HAVE TO SUBMIT TO THE IDEA OF TAKING MANY SMALL LOSSES.  

 

$ACST

I was able to get to look at the market around 3:30 today, I was busy today, I saw this running and was at a $4.60, which looked like a break out level, lucky me.  I looked at the news briefly, and the price action, and bought with the plan to hold over night and sell into 

a morning spike hopefully.  

 

$DPW 

Very similar set up today with $DPW, but I saw it at $2.98 and new that was a great dip opportunity.  Sucker moved so fast I didn't get in until $3.09.  Plan is to hold this a little longer considering it is a BTC play and BTC will open on the CME on the 18th of this month..... As long as volume and price action holds up and I will take profits along the way.  

Tomorrow I will watch what happens and see if there are any good overnight play patterns to watch.  Then I will make my moves.  Staying with the BTC sector.