SirGhoul15

December, 2021 61 (26W/35L) | 43% +$93.98 ----- 12/1 - 12/3 7 (5W/2L) | 75% +$50.02 12/6 - 12/10 25 (12W/13L) | 48% +$57.65 12/13 - 12/17 12 (2W/10L) | 17% -$49.89 12/20 - 12/24 8 (1W/7L) | 13% -$59.90 12/27 - 12/31 9 (6W/3L) | 67% +$94.10 ----- This month I definitely overtraded; there is no way I should have taken over 60 trades in 5 days. Clearly I was not trading only ideal setups. I also was too quick to take profits on obviously good setups. I have much to improve on, but knowing what to work on will greatly speed up my learning curve. Just take it one trade at a time.

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SirGhoul15

December, 2021 Week 2: 12/6/21 - 12/10/21 Trades: 25 (12W/13L | 48%) +$57.65 M 4 (3W/1L | 75%) | +$58.50 T 7 (3W/4L | 43%) | -$12.25 W 3 (1W/2L | 33%) | +$14.27 T 5 (3W/2L | 60%) | +$8.75 F 6 (2W/4L | 33%) | -$11.62 Monday, 12/10 | 4 (3W/1L | 75%) | +$58.50 (1) ISIG (+8.07%) - I bought this FGD spiker that was consolidating near the highs and resistance but sold my entire position due to a lack of patience. I need to improve that quality if I'm going to become profitable. Good trade overall. (2) ISIG (+5.18%) - Reentered this stock when it began to push HOD and sold into what seemed to be a top. I was risking the low above the B/O and ended up taking profits too soon due to my patience problem. Good trade overall again. (3) ISIG (+9.17%) - Rebought after the run that I missed after it seemed to consolidate after the spike and put in higher lows. Risk was the double bottom following the spike. Took profits into the strength once it seemed like it topped out. Good trade overall. (4) ISIG (-3.46%) - Bought into a spike's consolidation (which I need to stop doing in general) with the higher low as risk. It seemed to top so I sold near the risk level. Decent trade but I should take at least some profit when it is there. I need to work on patience. Patience prior to entering trades and patience when trades are working as expected so I don't sell too soon. I also need to stop buying into spike's consolidation. Tuesday, 12/11 | 7 (3W/4L | 43%) | -$12.25 (1) IGEN (+8.50%) - Morning spike dip buy when it seemed to hold near VWAP with a risk of the low of the dip. Sold into a quick pop due to morning momentum. Good trade overall and good job taking profits. (2) SYTA (+2.32%) - Same type of trade as the last one; buying on a dip following the morning spike with risk of low of the dip. Sold half into strength and the other half into a seemingly lower high. Good trade overall selling some into strength. (3) SYTA (-3.26%) - Bad trade IMO. Buying into a spike thinking this may B/O and then adding into a seemingly higher low. Good job cutting losses once it began to dip. If I waited for an opportune time to enter, I may have seen that this stock put in consecutive lower highs. Good lesson as well. (4) SYTA (-0.27%) - Rebought this entering too early after a dip and added into what I hoped was a higher low. Sold into the next pop which appeared to be a lower high. I need to be more patient and smiper-like with my entries. If I waited and entered near where I sold, I could have sold into a push past HOD. Good lesson. (5) TESS (-4.08%) - Another trade where I was impatient with my entry, buying directly into a small spike near HOD and selling once it cracked a few minutes later. The lesson? Wait to enter. If you miss a B/O, just wait for a potential dip. Entering trades like this just makes me take more paper cuts. I also got stubborn and took a larger loss than necessary due to stubbornness. (6) ACET (+1.09%) - Bought this stock on a dip into a higher low after consolidation and a ramp up. Great entry but I got stubborn again and refused to take profits into a spike, thinking it could push further. At least take some profits into a parabolic spike and hold the rest. However, I did sell when I was still in the green which is good. Good lesson on this one. (7) ENSC (-4.83%) - Entered this FGD trade on a dip near the B/O level and sold once it pushed near the lows of the consolidation because of all the overhead selling pressure. I need to continue to watch stocks that are near B/O's because this loss cut was good, but there was opportunity to make money AFTER this dip. Good lesson. Early morning spiker dip buys are working decently but I need to make sure to take profits along the way during the volatile mornings. I also need to be cautious to not trade not ideal setups and to take at elast some profits when I have them. Wednesday, 12/12 | 3 (1W/2L | 33%) | +$14.27 (1) CARS (-1.16%) - Bought this stock after a stutter during the morning spike and sold at the very bottom of the dip. Either sell into the small pop, or risk the open, but don't sell into weakness because this caused me to miss the larger followup spike. Good lesson. (2) DARE (+4.88%) - Bought the dip following a morning panic and double bottom with risk of LOD. Sold half into the first pop and held the other until it appeared to double top and sold into weakness. Good trade overall and good job selling in pieces and giving it time to play out. (3) DARE (-2.54%) - Bought late morning on a dip thinking it was putting in a lower high with risk of LOD but I sold early due to the selling pressure and no bounces. Decent trade but I really should take some off into spikes/pushes. I have to make sure that I have clear risk levels in mind prior to entering ANY trade and, again, take at least some profits into pops when I have them. Thursday, 12/9 | 5 (3W/2L | 60%) | +$8.75 (1) OWUV (+3.35%) - Bought this following a morning dip and sold into a pop when it couldn't reclaim VWAP. Good trade but keep in mind the overall trend of the chart as this uptrended the rest of the day and I could have capitalized if I recognized the bigger picture. (2) AXXA (+4.72%) - Another example of me buying at the B/O level on a FGD near multi-week resistance and selling too soon. On ideal setups like these I really need to just sit on my hands and force myself to wait it out as B/O's take time. Good lesson regardless. (3) IINN (+1.05%) - Bought this when it appeared to be pushing a resistance level with VWAP near it and sold half into topping action, while holding the other half. Sotck crashed in seconds and I sold the rest into the small immediate bounce. Good lesson to take some profits when they're there. (4) IPW (-2.98%) - Bought into a small push upward and sold when it cracked LOD minutes later. Impatient entry and just a bad trade IMO. (5) ENSC (-6.20%) - BAD TRADE. Bought this into a spike's consolidation and then refused to cut when it was putting in lower highs minute by minute. Good lesson on why that's a bad idea since it cracked hard and forced me to sell. I do need to continue to look at the bigger picture however because, after that dip, it did ramp and B/O. Continue to watch stocks that are in play. Just because you lose money, doesn't mean you're wrong, it could just mean that your timing is off. Once again selling too soon when a stock is breaking out past multi-week resistance on massive volume. Patience. It will come in time but I do need to work on it also. And again, try not to buy into a spike's midday consolidation, wait for dips! Dips will show the channel where the stock is trading and can give you a better perspective on the potential R/R of the play. Friday, 12/10 | 6 (2W/4L | 33%) | -$11.62 (1) VYNE (+3.19%) - Bought this into the morning spike's dip and sold into the next pop with the low of the dip as risk. Good quick trade. (2) VYNE (-1.03%) - Rebought into another dip with the low of that dip as risk. Cut quickly when it appeared to begin to fade. Good trade cutting losses quickly before it becomes a large loss. Price action is king. (3) VYNE (-2.23%) - Rebought a dip thinking I was close to a bounce and sold when it dipped and didn't appear like it was going to bounce. I need to be careful trading the backside of these spikes. Perhaps I was even overtrading it. Good lesson. (4) VYNE (-0.86%) - At this point, I was looking for a trade. Bought following a small push after this appeared to put in a LOD at the open price and then a higher low. Sold once the price appeared to be bearish. Good sell. (5) VYNE (+0.55%) - Bought into a spik, which I need to stop doing, and then sold some into a push higher. I then added into another significant crack and sold the rest in small pieces as the highs became lower and lower for small gains. Lesson: be careful trading choppy, midrange stocks that may just go sideways...especially based on the small daily candles and it being the 3GD. (6) AVCT (-1.93%) - Impatient with my entry once again when this stock appeared to be curling and pushing resistance/VWAP in the afternoon. I didn't sell into the lower high and waited for a crack. Decent trade overall but I need to jsut do better with my patience and early entries. I have to be careful not to overtrade the backside of morning spikes since they don't seem to ramp up after the inital lately. If I am going to enter, keep a tight risk. Quite a few bored midday trades that I forced. I need to wait to enter until charts look ideal, not just because I'm bored. I also missed SGMA since I took so many small losses due to idiocracy and lost confidence in an excellent B/O play. This week was full of great lessons and decent trades. I have been improving on taking at least some profits into strength. My patience in plays has improved as well. I do still need to work on patience prior to entry, if I can do that, then I'm sure I can eliminate a great deal of my losses. Overall I learned a lot this week and I'm ready to see what opportunites the market presents next week.

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SirGhoul15

December, 2021 Week 1: 12/1/21 - 12/3/21 Trades: 7 (5W/2L | 71%) +$50.02 W 0 (0W/0L | N/A) | $0.00 T 1 (1W/0L | 100%) | +$9.75 F 6 (4W/2L | 67%) | +$40.27 Wednesday, 12/1 | 0 (0W/0L | N/A) | $0.00 I only placed mental trades on Wednesday (2 total) and they were both wins and decent trades. No complaints as I did have factors in mind when trading. Thursday, 12/2 | 1 (1W/0L | 100%) | +$9.75 (1) IMGN (+1.34%) - I missed the higher lows put in by this stock but I waited until it approached the intraday B/O level to buy. I wanted to buy on a dip but the stock was strong and I had a tight risk of the B/O level. I was also realistic with where I wanted to see this stock go and sold when it started to show signs of topping. Overall this was a well thought out trade and I have no complaints. I placed mental trades today and was not planning on making any actual trades until I saw the one mentioned above. If that stock continued to push it would have been a great % gain but I was realistic when taking profits about its price action. This may have been my first taste of what Tim says when he talks about coming out of retirement only for the best setups. This was, by no means, the best, but I did see an opportunity and took it. Great lesson for me to learn. Friday, 12/3 | 6 (4W/2L | 67%) | +$40.27 (1) TGHI (+4.78%) - Previous day was FGD closing strong. Stock opened and began to panic. The stock stuttered at some key levels from the previous day and I bought waiting to see if it could quickly reclaim VWAP and G/R but it couldn't push so I sold quickly for a small profit, recognizing that this stock has a history of quick spikes and large red days. Good trade overall. (2) CYAD (+2.90%) - I have a lot of mixed emotions about this trade. FGD biotech gapper and at open it dipped hard but then reclaimed premarket highs. I netered looking for a push and didn't sell into a minor one because I got greedy thinking it could push further. Once the stock dipped, I added (another bad move) and ended up moving my risk lower to the LOD (yet another bad move). Once a higher low (thank god) was put in, my plan was to hold until either the trend broke or LOD was breached. I ended up selling both positions for small gains but I knwo I made mistakes that could have cost my small account big-time. I need to take profits if the stock is looking toppy at key levels, regardless of what I think it can do. Good lesson. (3) CYAD (-2.73%) - Another example of me buying a dip on a higher low, which is good, but not selling into the same key area I refused to sell into previously. Once the stock dipped again and put in a seemingly higher low, I added. Then the stock cracked and broke trend, forcing me to sell. The original buy was not an issue, but me refusing to take profits and then adding was. Good lesson. (4) IGEN (-5.06%) - I bought this when the price action was showing higher lows and consolidation near the HOD which was also a multi-month breakout level. My risk was appropriate but I got too into the idea of it maintaining trend, which caused me to sell. If I stuck to my risk alone, I would have held. Good lesson to look at the big picture as this stock did, later on, break out significantly. (5) CFVI (+2.25%) - Stock that dipped hard at the open, put in a bottom, and then ended up reclaiming VWAP and the R/G level. I missed the higher low due to hesitation and ended up buying a dip once this stock spiked above a key level. I sold quickly into a pop since I knew this stock moved a great deal already and I was chasing it a bit. A realistic profit taken due to realistic goals. Good trade, good lesson. (6) IGEN (4.12%) - Rebought this sotck once it passed the B/O level because I wanted to see the big sellers that were on the 'Ask' from earlier to get taken out. Once that happened, I entered and sold at the first sign of trouble. Good profit taking, but I have to keep in mind each stock's peticular situation. In this case, it was a multi-month B/O that consolidated at the highs for most of the day. I should have given it time or taken some profits but due to smaller position sizes that poses a problem due to commissions. Regardless, good trade overall and an even better lesson. I'll be ready next time. I see improvement but I still have to avoid overtrading peticular stocks when I think I might miss out and I need to take profits when I have them and the stock is showing signs of topping. Keep improving, keep refining. You'll get it soon. I have to make sure that I stick to setups that have a high R/R as well as all the indicators (ie. volume, catalyst, TOD, etc.). Once I refine this, my losses will continue to decrease, along with my overall trade count, and my wins should increase as well. Good lessons and I'm totally ready for next week. I do, however, need to keep in mind the overall market at all times (especially Monday, 12/6, since we are near the next significant resistance/support level).

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SirGhoul15

November, 2021 Month Recap Week 1 (11/1 - 11/5): 10 (3W/7L | 30%) | -$61.88 Week 2 (11/8 - 11/12): 16 (8W/8L | 50%) | -$0.17 Week 3 (11/15 - 11/19): 19 (5W/14L | 26%) | -$90.53 Week 4 (11/22 - 11/26): 27 (12W/15L | 44%) | +$2.10 Week 5 (11/29 - 11/30): 18 (4W/14L | 22%) | -$68.06 Total: 90 (32W/58L | 36%) | -$218.54 Week 1 (11/1 - 11/5) 10 (3W/7L | 30%) | -$61.88 This week consisted of a lot of impatient trades and trades that should have just been avoided. Buying after spikes is a problem for me since I seem to always be too early and take losses. I also need to be careful not to buy into tops. Week 2 (11/8 - 11/12) 16 (8W/8L | 50%) | -$0.17 Same problem as the last week buying after spikes too early. I need to wait until the chart shows me a trend following a spike, then buy if it appears that the trend can continue. I also need to stop taking so many trades mid-range. Mid-range trades are leading to a great deal, if not the majority, of these losses. Week 3 (11/15 - 11/19) 19 (5W/14L | 26%) | -$90.53 Be cautious of buying too early; allow the chart to form a channel unless it is pulling hard one way or the other on volume. I also need to consider all factors when placing trades (ie. volume, overall market, TOD, catalyst, how far has the stock already run, previous overhead, etc.) because a lot of these trades should have been avoided based on volume alone looking back. Lastly, I keep looking for the daily bottoms on these spikers and getting in too early. Wait for the afternoon to see if they put in bottoms, not late morning. Week 4 (11/22 - 11/26) 27 (12W/15L | 44%) | +$2.10 Problems again with mid-range buying but I will work on that. It is also comploetely clear that I can no longer buy right after spikes; that is where I am taking a majority of these losses. Great to know moving forward. Week 5 (11/29 - 11/30) 18 (4W/14L | 22%) | -$68.06 Once again a week of buying after spikes into their highs or after they dip and go lower. I need to avoid those trades in the future. I also need to make sure when I'm ready to place a trade and I have a plan formulated, I stick to my designated risk and buy in with an appropriate position size realtive to that risk. I also see improvement this week but I still have a long way to go. Overall I think I see what mistakes I'm making and will try my best to avoid putting myself into those situations in the future (mainly buying right after spikes into their highs or into a quick dip and aiming for bottoms in the mid-morning). I also have to make sure that I identify a trend, formulate a plan with a R/R to determine if a position is even worth it, check all other variables (as mentioned above: volume, catalyst, daily chart, channel, etc.), and then if I do enter, make sure I don't cut my loss prior to the specified risk UNLESS the stock is showing signs that it is not doing well. Good lessons this month and I need to make sure I use what I've learned to help me, rather than hinder me.

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SirGhoul15

November, 2021 Week 5: 11/29/21 - 11/30/21 Trades: 18 (4W/14L | 29%) -$68.06 M 12 (3W/9L | 33%) | -$33.61 T 6 (1W/5L | 20%) | -$34.45 Last week of November and my sixth week full-time trading. Nearly all of my losses were due to me entering a trade minutes too early, which makes me nervous when the stocks dip, and selling due to nerves. I need to work on patience. Patience when entering, patience when exiting. I will improve. Monday, 11/29 | 12 (3W/9L | 33%) | -$33.61 (1) BFRI (-1.99%) - Entered this stock right at the open following a gap down and sold quickly for a small loss. Not a bad trade overall. Good loss cutting. (2) CARS (-1.99%) - I was impatient with my entry following a spike and thought I was nailing a higher low. I need to be more patient with entries. If I waited just 1 more minute, I would have seen the weakness and potetnially capitalized on the spike to follow, but since I screwed up, I was in no mood to trade this ticker again. OR, I could have sold quickly when weakness appeared and then rebought at the double bottom. Bad trade, good lesson. (3) PTN (-3.57%) - Buying into a dip again following a morning spike and selling into weakness when that bottom fell out. I'm not really sure what to say other than to ask myself "Was this an ideal setup, or were you just gambling here?". (4) PTN (+3.71%) - Rebought after the previous sell into this support and sold into the spike. I want to say that I should be more patien with selling but I'm sure that'll come in time and with more confidence. Overall, a good trade. (5) BFRI (-4.15%) - I bought this near LOD with LOD as risk but once it got weak, I sold. This is a perfect case of me needing to work on patience and let these chart patterns play out. If I waited, this never would have broken LOD and I would have been able to sell into a decent spike towards the R/G level. (6) PTPI (-8.86%) - Another perfect example of a problem that I am currently struggling with, buying into the spike's top and not waiting for it to dip. If I waited a few more minutes and let the chart play out a bit, I would have seen it crack and put in gradual higher lows. Bad trade, good lesson. (7) BFRI (-3.49%) - Same thing as the previous trade, buying into a spike's top and waiting until weakness forces me to sell for a loss. I need to work on patience. I NEED TO WORK ON PATIENCE. (8) PTPI (-1.80%) - I bought into weakness here, which is great, but I didn't have wide enough risk and sold into a small dip . I need to keep in mind what the overall trend is for the charts and ONLY TRADE when I see an opportunity to potentially exploit based on the technical analysis. Good lesson. (9) ISPC (-7.50%) - I entered this trade risking the higher low, but if that were truly the case, I should have sold immediately. If I widened my risk to the initial low, I would have been able to hold and capitalize on the upcoming spike. Good lesson. (10) ISPC (+11.05%) - Good trade. I acknowledged that where I previously sold is actually showing a bottom and rebought with the initial dip as risk. Once it spiked, I sold into strength. Good trade overall. (11) ISPC (-6.47%) - I was defeinitely overtrading this stock midday and bought into a spike's consolidation again, selling into the weakness. I need to avoid doing this. (12) PTN (+3.98%) - This chart was showing higher lows and I bought into a dip, then sold into the next spike. Good, simple trade. I made a lot of mistakes on Monday but I will make sure that I learn from them all. Eventually, I'll get this. Tuesday, 11/30 | 6 (qW/5L | 20%) | -$34.45 (1) ISPC (+3.50%) - Early buy thinking that this stock might push the highs. I added into a dip and sold half into the spike while holding on to the other. Once the other half came close to my entry, I sold for a small profit since the daily was not ideal. Decent trade. (2) AVRN (-12.22%) - I bought this on a dip following a spike but did not cut at my risk, thus giving me a larger loss. Really, I should have sold into the small pop after my entry since the stock was actually putting in a higher low. Bad trade, but a good lesson. (3) CPIX (-4.27%) - Buying into a spike's top end consolidation again and selling into weakness. Bad trade. (4) CPIX (-4.17%) - I rebought this stock into the dip but got wicked out even though it was nowhere near my risk. Show patience and confidence when the stock is doing what you want. Bad trade, good lesson. (5) IMGN (-0.16%) - I bought this on a dip following the spike and sold when it didn't push. Good trade, good job cutting the loss quickly when the stock isn't doing what you want. (6) IMGN (-0.62%) - Buying near LOD (with that as risk) and expecting to hold until a ramp occurs. The stock dipped and I got scared out. Again, if the stock hasn't broken risk, DO NOT EXIT UNLESS IT BREAKS TREND. Another day of small problems that led to a decent amount lost. I will improve and continue studying. I also implemented mental trading for setups that I think are less than ideal or speculative, so I can still "trade" without risking capital. I will get this. I will provide for my wife. Keep moving forward every day.

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