Today I wasn't in the right mindset since me computer was giving my problems all the time
so instead of going away with my $30 for the day and keeping me out of trading things that aren't my favourite setups ( gun charts)
I started afternoon to look for potential plays and I was not able to remind myself of sticking to taking profits in the day if you can, special after that nice morning spike trade ,
so
GNUS: was nice morning spike that failed to panic first , broke HoD & had the volume to go r/g
IZEA : was a not ideal setup altho not terrible , multiday b/o but more or less did its thing breaking and running (((((14% already)))))) since the (((volume was nice but imo wasn't soo crazy))) and also ((((didn't have gun chart)))) type of all day consolidation
VBIV : also didn't have that ideal consolidation gun chart and already spike of it mltiday b/o 7% ,I mean it could go more after that but the mkt cap was ((((135 M)))) a bit high for this setup and ((((((((((((((((volume nice but also not crazy)))))))) , also choppy up-there and had some resistance technically at 2.20
LESSONS :
1 remind myself of just trading my favourite and clear setups and not trading non clear things for me
2. go away with profits every day if you can ( meaningful % profits like at least 10%)
but dont trade if they are not met
or dont stop trading if after getting those profits only if there is a very good setup ,
I mean , just trade ideal setups .
3 : try to trade crazy volume stocks (proportional to their past days )and well also high liquid hot stocks for the breakouts to have strength
4 (((((((((((((((GUN CHARTS WORK)))))))))))))))) a lot better because consolidation so look for that & avoid non consolidation afternoon breakouts ( ideally)
5 : consider mkt cap - volume relation
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