My Profit.ly Journal Template:

#1. Hypothesis:

Write Here

#2. Chart Notes: 

a. What does the stock do at open?

- When it breaks out:

- When it dips:

- When it consolidates:

- Is it volatile and how big of up & down swings can you expect:

b. How big of price swings can occur and in how much time?

c. If you were to play this stock, how would you enter and at what price points should you focus on:   

- When it breaks out:

- When it dips:

d. What concerns do you have regarding this play:

- Concerns Here:

- Concerns Here:

#3. Fundamentals:

- Does the company have money to fund operations?

- Do they have heavy amounts of debt?

- Are there any current lawsuits?

- Any other Concerns?

#4. Tips for Squeeze Bottom Setups: 

* Be patient for your entry. 

* Watch Level II walls to form around levels of support.

* Watch the Tape to confirm the price has turned.

* For a conservative entry, allow the candle to close above a broken downtrend. Set your stop below that level.

#5. Trade Summary:

- What worked about this trade?

- What could have gone better?

- Win or lose, was this a good trade?