***I use this blog as a way for me to journal my trading day. I use this as a learning tool. I learn better when I write things down. If it happens to help someone else along the way, great! I welcome feedback, advice and criticism.***
7:08 AM - Got my SCANZ screen setup and ready to go for the day. Working on polishing my initial watch list.
I went back and reviewed my trades yesterday and I learned a lot. I taught myself about moving averages and how they are a great technically tool to make use of. Had I been following $RTTR yesterday using moving averages, I may not have sold out as early as I did on the first trade, keeping me from making the very poor decision to re-buy later in the day. I could have made $120 rather than lose $81.
I am excited to use moving averages today to help me make my buying and selling decisions. I love the charting on SCANZ which will make this very easy to accomplish.
7:32 AM - Watching for an $RTTR redemption. 20 Period EMA is about to cross about the 50 Period EMA and it is currently trading just above both.
7:43 AM - Gonna keep a close eye on LLEX. It just crossed above the 50 Period EMA with a history of spiking when it does. It also has decent ADV.
9:09 AM - Adding $IZEA to my watch. Looking good in P/M. Made a few $ with this on Monday. . .
9:36 AM - $RTTR Trending Down. $IZEA is skyrocketing. . .No Plays for me yet. . .
9:41 AM - Missed the boat by a mile on $IZEA on a ton of volume and no news. . .
10:02 AM - Bought 500 sahres of $LLIT at .52 as a test on EMA. 20P crossed over 50P recently and on a steady uptrend. This is not a spike play but a hold and see for the day.
10:15 AM - $LLIT down a little but staying above the 50P EMV so I am gonna hold for now. This is why I bought a low amount of shares. Should be a good test for EMV theory.
10:18 - $IZEA still rising. Damn it! Possible dip buy later in the day, we shall see. Still no news.
10:35 - Missed out on $REMARK as well. $LLIT volume had dwindled.
10:38 AM - $RTTR making a rebound. Watching closely.
11:04 AM - Bought 100 $RTTR at .53 as it crossed the 50P EMV on an uptrend.
11:54 AM - Sold both positions for small losses. I don't know what happened with $RTTR, as soon as I bought the volume tanked. $LLIT was a stupid experiment.
12:41 PM - Bought 1000 $ZOM on all green indicators and increased volume.
1:08 PM - Sold ZOM at break even. It wasn't going anywhere and volume was down trending.
4:12 PM - I have decided to go back to STT and added the breaking news chat. I like the ability trade right within the platform and the twitter feed. I am learning more about the charting capabilities within STT and am happier now.
I may drop the LVL2 subscription if I dont find a way to analyze it better and this would wash out the cost of the breaking news chat.
I need to get a second monitor. Solved this. . .Forgot I had an older one sitting in the closet. Still would like a newer one as this isnt the best resolution but it will work for now.
8:11 PM - I spent that past few hours watching over more STT training videos and setting up my desktop for tomorrow. I am tired now. Gonna call it a night.
It was another down day but I liked what I learned so time to move forward with more knowledge and experience.
How was your day?
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