Another nice re-entry!

Great entry AFTER confirmation. The second time I have done this. Hope to keep being patient. Did sell a bit early but watching the SPY closely and seeing all the stocks move with it, it was hitting a top and didn't want to wait around to see if it would breakout. So I got out locking in quick profits.

Entry was sloppy and timing was a few seconds too early. But my strategy was pretty good. Had i waited, my plan would have been at $5 risking only a few cents. It immediately brokeout nicely following price action. Another reason i left besides my crappy entry was the fact that the overall markets were doing TERRIBLE!!! So I didn't want to see RJET randomly crack. Lesson: Had the right idea but entry was bad. Breakouts are slower in BEAR market and you tend to have more time to get better entry.

New lower high just before. I should have followed rules and waited for complete confirmation. Should have also watched VWAP as it was increasing and the price was below it. Will try again tomorrow.

Stock was a contract winner and broke out Friday before during the bear market. Today I thought with the positive news world wide, I would jump in early instead of letting the stock retrace its Friday high. Should have waited again for the bottom to be confirmed. When I saw it was not holding my entry and was going near the low 2's, decided to exit just before my 2.01 cushion. I am glad I did as it was moving the wrong direction and was fairly hard to fill.

Another disappointing loss. Wanted to get in closer to tims entry from yesterday but wanted to wait until a/h in case it plummeted. When it held at 1.11 I went in. Went down to 1.06 decided to give it an extra few minutes based on previous experience that these depleted stocks can bounce back easily. Later it did but only back to 1.11. Just a terrible market to be buying in. Trying to learn what I can from my mistakes as not to just blame the markets. Buying near breakouts is just not smart here

Saw the second breakout about to take place, looked for the dip but was dangerously at the party (got off work right at market open). Lesson here: Risking a 50/50 profit vs risk is stupid. Happened to be lucky and had good entry into the morning spike because i waited for a second chance. Optionally, I should have gotten in at the first confirmation of the second breakout at its first dip.

In at 2.39, if a followed my plan, a second later it hit 2.31 which was my target. Exited at 2.48 which was my exit target if it couldn't break out. Made $52. Woulda could shoulda made $100. Thanks Tim, for your tip. I'll continue to follow tips only if they fit my plan until i am ready. Note to Self: When buying, follow your plan! Look at the chart and wait for the trade to come to you. When selling, as soon as you see green, get out. Thankfully, i have no problem with that as I know some do.

I got in when Tim Sykes was getting out. Silly me, had I followed his rules, I would have known it didn't follow his plan and I was buying the bag holders. Cannot wait to be ready to the point where I can do my own trades and be quicker like Tim. One important tip that continues to save me is to cut losses quickly. Even though my entry was poort, I got out before everyone else did. Cutting losses quickly means i may miss some rebounds, but also helps me avert disaster. Thanks Tim Sykes.

Traded scared on this one. Glad I got out though, it wouldn't break. My entry was way late but my exit was on point. Note: Be more prepared before just jumping in on a Tim alert.