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Plan: buy the weak open r/g. Since this had barley any pullback the prior two days, I didn't give it a lot of time to form a base - even though I deliberately wrote that on my trade plan as this strategy takes time to confirm the risk. I entered too soon and cut my loss, although looking at the support I should have been okay holding it. I was too trigger happy on this one.

Plan: looking for the ABCD setup pm on a perk and gear up. It was looking perfect so I went larger than normal which tightened my risk and ultimately made me take a loss on the trade. I reduced my position size to half before the market opened then cut the rest when the trade broke my pattern. I haven't earned the right to size up yet and didn't allow myself to be patient in the trade. Lessons, lessons, lessons.

This one was my pattern but I had a poor execution. I bought at the midrange of the perk that was holding for a few minutes. Since I did that my tight risk was taken out at the 1.46 dip and I watched the trade take off to 2 without me. I need to be okay with missing a trade versus forcing a bad entries and stops that are too tight... baby steps.

More mistakes today! Definitely not the pattern my brain convinced me it was.. and I took too much size again (accidentally since that is the default size of my broker) but I need to be more diligent in reviewing my trade before taking it. This was a revenge trade so before I trade I NEED to make sure I ask why I am entering and is this a trade I should be making.

Lots of mistakes on this one: I put on too much size for what I wanted to risk. Then.. I was early on my execution so I didn't let me pattern set up. If I waited, I would have seen it fail and it would have been a no trade. I've done this a couple of times now so I need to be more patient. 5 cents lower on a win is better than taking a loss.

Finally made a good trade and went back to my rules after a couple of FOMO trades. ABCD set up was perfect. I took 100 shares on a perk up. My goal was to sell into strength, learning from my past trades. I sold in 20 share increments at 4.25, 4.40, 4.80, 5.15 and nailed the top of the move @ 5.50. Now I just need to keep watching the stock after a good trade so I can capitalize on the rest of the move in the future.

Plan to buy weak open r/g. I didn't let the trade set up and was early on my first entry and took a $20 loss. I reentered @ 2.99 and should have sold when it went up to 3.50 (17% great trade!) but was greedy. I added 50 shares @ 3.33 thinking it would hold the previous b/o and didn't let it prove itself and ended up taking all 150 shares off @ 3.02. Lessons: Sell into strength.. you can always add more but take profits when you get a good move and DONT get greedy.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.