First Red Day.

At first I always thought that first red day meant that the stock is going red because it was recently green. I mistakenly comprehended that wrongly. Reason being is consecutive green days 2-3 + day in having gains or ending Green, and if in the open or even pre-market the stock doesn't even go green its just negative throughout entraday open and into afternoon its officially a red day.

1. Watch the chart for consistency 2. there needs to be specific risk or resistance 3. there has to be stick out overextended gap down, or gap and big crap (I call it) 4. Volume depending on the size from level 2 5. Try to keep it simple and wait from confirmation

- My lessons from $SRNE $CLVS

First Green Day.

At first I thought it was any stock at a higher than 5% (technically it can be green day) but 7/10 times that small 5 percenter wont make any big moves or probably go red and there's no read on the chart or move. What I've learn and re-corrected is that the green day is is manipulated by catalyst , news, float, pump, etc. Something that is effect with big volume giving it a whole day of being green despite some pull backs but holding strong through out the whole day, not a pump and dump or some bull shit stock but a stock that has potential to go supernova or has legs to go second day or high percent scan stock that can go higher than hod, year highs etc. 

1. chart in 3 different type 1min 3min 5min, 1D 3D or 1m etc 2. Volume incomparison to its 10 day average or natural average 3. good catalyst new or reason it wouldnt die out 4. Timing on whether it halts, runs, or green candles back to back to back 5. No hidden sellers, no aftermarket death drop, no unreason data that cant be found given exception to those crazy penny small caps. 

- My Lessons from $PTGX $PTI $ORMP

 

P.S. 

Thank you for taking the time for reading my post. This maybe helpful or not, but i was down to 33 % winner and gain back 7 % and my short term goal is to get to 50 % and that is what i been using to help me get there. Its not a perfect science but its an idea to go into market with a frame. 

I haven't posted or got into chatroom for a year or so because I never found my "personalty" I plan to do so come 2020. Finances were obviously low but if i was able to come 21000 to 20k in less than a month I have big potential I am doing small gains at a time building the wins and building the knowledge account, as well as the size account. 

 

I came into the market before for sheer purpose of money, freedom, richness and won a little in the beginning and loss most of the time! trying to beat the market with time I thought I had but only to cause me harm and miss many good setups !  In retrospect and hindsight.

But now I've had consecutive months green I have to go harder and learn more from my mistakes and take a trade at a time. 

 

"It's a marathon not a sprint"