Happy Easter!
Had a blast this weekend celebrating my kid turning one! I was able to fit some studying in and now here is my watchlist.
On Thursday I had an all day live webinar for the market mastery program with Tim Sykes. It was a nice refresher to kick my ass back into shape and get me back on the right track to staying disciplined. My goal this week is to ONLY focus on the BEST setups that Tim teaches. Watching how he stayed disciplined from trading $GRYO and wanting $ASTC and talking about $ICD was nice. Then seeing him complain about missing trades instead of trading them was so refreshing and I appreciate how he fought the FOMO.
During this time I traded $ICD but was unable to sell my shares for a .70+ cent gain because E*Trade shut off when I was about to type in my sell order. I chased when I shouldn't have but I thought there was still a safe amount of upside regardless of Tim's warning of it nearing an end. When I logged back onto E*Trade, it did not let me even type in the ticker to sell my order. I closed the trading platform to try and sell again. Finally it began to work and instead of a .70+ cent win, I lost a considerable amount. I will have these verified on Profitly shortly. Thank goodness I recognized my bad luck and took a 1 stare position.
My losses added up to a total of $2.20 instead of being green. I listened to Tim though and made back some of those losses buying dips on the backside. Tim only recommends the first initial panic but I hesitated and scalped more (Which is NOT his strategy!). I am not proud but I ended the day with an .80 cent loss instead of $2.20.
Anyways, the following stocks I am watching are:
ASTC, ICD, GRYO, - I will be watching these for a morning panic to dip buy or watch for news to spike as these were nice runners from Thursday afternoon. Always watching former runners as they have potential to respike with a catalyst and if not, they can panic nicely with potential to dip buy.
YGYI, IFRX, BIOL, - I am waiting for a news catalyst to see if this stock will breakout over last weeks days of consolidation
I am trying to work on identifying breakouts a lot better
PSTI - I am looking for a big panic to dip buy into perhaps down to the 5s or mid 4s
These are mostly watches to see what will happen and work on my discipline
i think etrade is messed up. im moving my $ to fidelity. just sayin
@9er9erjo it depends on my internet connection
Join now or log in to leave a comment