0.00231.35
7.0233000.0
Total Profits:
$230.72
PennyFarmer

Entry comments: Swinging the daily chart off of RSI indicator and AO MAC-D indicators heading towards the 0 line.

Exit comments: In an out

000
PennyFarmer

Entry comments: I decided to improve my swing trading to help with not getting my self caught in another FOMO scenario. I lost big in a trade on $THLD when I gave in to FOMO and entered as I was chasing. The result was a huge loss. My goal here is to swing for likely a few days, I'm watching the 200ema, MAC-D, and AO. There appears to be a strong up trend, and it is nearing a breakout level @ 9.22.

Exit comments: Added to the position size. I plan on swinging this for a few days. Indicators show a continued uptrend towards the multi-day breakout level @ 9.22. With current entry average, reaching that target would be about a 14% gain. Looking to get above breakout.

000
-$160 Loss
BASLong Stock
PennyFarmer

Entry comments: Swing position off of RSI and other indicators. Looking for it to test 1.30 or higher.

Exit comments: Needed to close the position for funds. Unfortunately I took a loss. Two days later it popped to .90 and would have been a nice gain

000
PennyFarmer

Entry comments: Momentum play. I made the mistake of moving my stop thinking it would see more upward movement. Swinging overnight to see if it gaps again.

Exit comments: HUGE set back for me at the start of the month. No one to blame but myself and my deciding to pay the stupid tax. I made the mistake of entering as a chase vs waiting for a breakout. That put me at the top, which of course faded and I then moved my stop "hoping" it would go back up. Stupid on so many levels. Ugh. Moving on.

1
000
-$248 Loss
SKLNLong Stock
PennyFarmer

Entry comments: Entered on momentum, decided to swing overnight, trailing stop set at .03

Exit comments: Not the best play. Sub $ stocks have more risk and even with a .03 trailing stop I got caught taking a larger % loss than I should.

000
-$51 Loss
GTLong Stock
PennyFarmer

Entered with the plan of swinging it overnight. Got knocked out due to trailing stop loss. Small loss.

000
$38 Profit
CHSLong Stock
PennyFarmer

I attempted to get in closer to $12.79 HOD breakout but wasn't able to get a fill until 12.88. I adjusted my trailing stop from .25 to .10 after taking a small loss in $MTL to protect earlier gains. Was hoping it would run more but the indicators showed a decline so I'm not surprised I was stopped out. I'll take the $40

000
-$86 Loss
MTLLong Stock
PennyFarmer

Got in looking to ride the upward trend, set a trailing stop but it lost momentum and I was stopped out for a small loss.

000
PennyFarmer

Got the heads up from @jane_yul ·that this had potential to run. Saw that the p/m was heavy on volume and like the indicators. Got in at the open and took profits with a trailing stop. A great way to end the first month of live trading.

110
-$31 Loss
WWELong Stock
PennyFarmer

Decided to take a smaller swing trade over the weekend after this was running up and crossed the 52 week high. I was looking for it to continue higher on Monday betting that there might be positive news on Sunday. It ran a bit at the open but faded quickly. My trailing stop set at .25 knocked me out with a small loss. I was a little bummed but not beating my self up over it. Live to trade again. Risk management, risk management, risk management!

000
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*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.

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.