Welp, as I have stated I am trying to focus on 2 patterns. The overnight swing and the DNR. Yesterday I got caught up in a FOMO moment on $MARA and $RIOT. Both took Ls. They were moving with BTC but never got over the hump. Also bought both on HOD breaks that failed. This does two things for me. One- If I had waited into the 2P area I would have not bought these stocks as they just fizzled all day after their initial exuberance. Two- It also proved the HOD breaks are really no good for me AND I should not trade between 11-2P in afternoon. I have never won anything in the afternoon. No hard rules but we do have market tuition and I paid some yesterday. I still stuck with smaller sizing and defined risk to exit in a comfort level I was ok with. Had I never entered those trades, I think yesterday was a great day. Did not see any swings that I liked so I did not take any. Was alerted to $AVCT last night after Sec Pompeo tweeted about clean cloud computing and a generic "plan" for cybersecurity. $AVCT also had news last night and is a micro-float. Was out of day trades, so I didn't take it. BUMMER lol
$AVCT cloud tech, news micro-float, up in PM, great AM DNR candidate
I do not really see any other low float candidates, maybe $RIOT but I am not in love. If it could break 4.50...possibly. 4.45 is the 52s and its sitting at 4.24 at press with low vol.
I am three months in, who reads this? What are your obstacles? What noise do you deal with?
so AVCT goes cray cray in PM and then I found out it was a chat pump. Pretty frustrating. Now its pummeled and bludgeoned. At least as soon as I heard that, I lost all of my FOMO and then it halted to the downside out of gate.
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