
The 3 things I learned on these trades. May have only profited $5 this morning but it was a great Ah Ha Learning morning! It finally clicked and looking back and studying the history there is consistently 3 types of morning spikes. 1. Spikes pre-market to the open then dips at open, fades and down trends all day and can spike or stair step the follow day. 2. Spikes pre-market and consolidates. Has confirmation of breakout at open, spiking at open into the open and then panics 5-10 min after open and down trends going red on the day sometimes going red/green in the afternoon into the close. 3. Spikes pre-market and consolidates, spiking into the open to retest high but then dips at the open. Holds newly established pre-market support, spiking 10-15 min after open and giving confirmation by breaking out above opening price, red/green morning spike. A note on adapting to changes in the FGD pattern when stock spikes into close/ after hours trading and buying holding overnight, look to sell into strength of initial morning spike as most FGD go red after the morning spike. keep in mind to watch for which morning spike out of the 3 it becomes.

struggle bus is real. was having great success this year until the quarantine and the disappearance of my "niche" pattern FGD hold overnight and sell into the morning spike. Been on a a losing streak the last 3 weeks. I've been studying, almost completed HTMM DvD and started reading the Complete Penny Stock Course. I thought things were clicking again but this morning was a real punch in the gut. All I can do is try to learn from today's fails and keep studying and hopefully the Ah Hah moment comes soon.

Im posting this about my AIKI trade here because I ran out of letters on my trade comment and I hope this helps someone else not make the same mistakes. Bad trade but alot of learning points here. Going back to review some of the HTMM DvD and Trader Checklist after this trade and back to basics. Entered this trade premarket, when the stock broke out over 1.50 on news and massive volume. Stock spiked a little at premarket and a lot of sellers started coming in, I put in a limit order to sell at 2.75 which was the peak at the same time I was answering a call from Agero, a third party claims company that usaa uses for vehicle towing services. A few weeks ago I had to have my car towed to the car dealer because it wouldn't start when I went to leave work. After a week in the shop and 1,300 dollars later it was repaired and I went to pick it up, to find a massive dent in the rear bumper which had not been there before. Of course neither the towing company or dealership had the integrity to own up to causing the damage so I had to file a claim through Agero. They "investigated" for over a week and told me that the tow company and the dealer were not liable. I had pictures at the time of pick up showing there was not damage previously and that after those two companies had my car it was now damaged. Agero told me sorry looks like I'd have to fix it myself. My wife heard that and the Agero representative began to experience her wrath. I turned back to my computer and AIKI and made several Lower Highs at this point and be halted numerous times. My initial Limit order had not been executed because I was too greedy and place it right at the Peak price of contention between the buyers and sellers. I was still up .34 cents at the time and was angry about the Agero claim results and angry my order wasn't executed and emotionally traded placing another Limit order too high in price again only for the stock to get halted and gap down to the 1s. My other mistake, made yet again and why I didn't profit more on my WORX trade, was worrying about the PDT rule as this would make my 3rd day trade in 5 days. So rather than cut my loss in the 1s I made a very basic but costly mistake of holding and hoping for a dip or follow up spike. I concocted this irrational logic in my head that if I held overnight I could get a morning spike when that just has not been happening and my favorite FGD pattern just hasn't been a reliable quarantine pattern. As a result of my unchecked emotion and my wanting the peak price at the point of contention between the buyers and sellers of AIKI I sold this morning and took a massive loss to my small account. Lots of lessons in here. Trying to take the great learning lessons provided by this terrible trade and become a better trader. Hopefully taking the time to write this it helps someone else from making the same mistakes I made.

@GnarlyRobot just became a fully transparent trader today!
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