Hey all,

Have been way the past 2 weeks, I only got 2 full weeks during March that I was trading full time. The last week and this week I had other things I had to do and that kept me away from my computer. I made 2 trades during this last 2 weeks that I shouldnt have done just because I didnt had all the information I needed...again, because I didnt had enough time to trade. Those were my TWX and AAPL losses, a 573 loss. Wednesday around 2PM I was free again and with time to get back on trading, I have been watching TSLA for a quite good time and had an overnight trade from wednesday to thursday, taking advantage over the hype around their new car. Since I got time to look everything, to do my research, to wait for the best time to place my entry, I got a wining trade that worked just like I planned. I left around 20% more but hey, I sticked to my plan, and thats what matter the most.

I made 17 trades, won 11, lost 6 - 64.7% win - 25.8% average gain - 1.77 profit factor - ended March a little over 1k in the green. 3rd month of the year, 3rd month that Im ending it profitable. You can say its not much, but I dont care because Im in the right path, keeping myself where Im comfortable. Im working my mentality around this, my profit factor is getting better, my avg loss is getting lower, my avg gain is getting higher. If Im looking to make a lot of money at the market? Yes I do, just like everyone else here. And there are 3 factors that will get me there: Dedication, Education and Consistancy, and guess what: these 3 factors walk together. If you dont study, you wont achieve consistancy; if you dont dedicate yourself, you will not study right; if you dont study enought, you wont achieve consistancy. So, you cant get 1 without having the other 2.

But, enough said, here is what I will be watching tomorrow:

$GNCA, stock play, and $TSLA, options play. GNCA had positive data from a Phase2 test, it was already up a lot at premarket and faded a little bit for the next 2 hours, just to perform a huge run at power hour after more news about the result was out...that was a real power hour. TSLA unveiled their new Model 3 today, and there was a lot of hype going on because of it; it had a great run from lows 225 to 237 and back to 229, I took advantage of the hype with an overnight trade, and tomorrow should be another up and down day for TSLA. Its going to be my top watch tomorrow, its options are expensive but the intraday volatility, up and down, gives excellent oportunities in both ways.

Almost forgot: futures are red, China is red, Japan is red....it can be a bleeding friday. Thats why I will focus on these 2 stocks only since both have the best chances to present good oportunities because of their catalysts.

 

See you guys at the chatroom tomorrow.