First week to the paper trading challenge, it was certainly very productive! first week I'm trading with Tim's strategy I feel like a hole new world has opened up to me.
Yes, I was a fool who used to trade the S&P 500 stocks FB, MSFT, AMZN and the rest of the gang and actually thought I had some "edge" in there, but it's o.k everything is just a big learning expiriance and all of it eventually led me to join Tim Sykes and the world of penny stocks.
Two conclusions from the past week :
First, re-adjustment to liquidity at the beginning of the trading day caused a very slow decision-making process on my part and led me to miss pre-pland trading opportunities from my watch list. It was very frustrating for me because these trades ended up working well. Finally, the "missing out" feeling made me take trades in a very impulsive manner and of course the result is obvious.
Second, this is the first time I'm shorting against the daily trend of the stock so this is something that only practice, practice and practice can solve over time, when I will trade these patterns again and again.
These are the main targets for this coming week! I will be disciplne and structure every trade that will fit to the trading plan.
Remember! "Success occurs when opportinity meets preparation..."
Great and green week everyone! Feel free to write any constructive criticism.

Where are the trades?
only paper trade for so I'm posting an image from my spreadsheet
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