Todays lessons

• ArtOfWar: The first green day → A multiple day running that is multiple days down
• When it has too much float it cannot bounce because there are too many stocks (too much supply)
• $AGLE: This one did not have any volume. It just spiked out of thin air. LEAVE IT ALONE. It might look interesting but there is NOTHING.
• History: Does a stock have any history? No? LEAVE IT
• Does the story have legs? Is there more to the price movement that makes it interesting?
• Buy at the day high. Wait patiently until it breaks the day high, and then get in.
• The best trades have the best catalysts

Today I was very excited to start trading with the new information I learned. I had the feeling that I would crush it today (with very small amounts of money) but without experience I noticed that the theory is diffecult to implement in real life.

I was a lot more relax today because I decided to go in small and not trying to make any money whatsoever. Just learn the process and try to keep my trades in the green.

My focus really was on technical analyses training because these patterns I could spot. Then trade as much as I could so that I could spot these without having to sthink about it.

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Whenever the price got support that was higher than the last support AND moving upwards I bought. As soon as I was in the profit, I waited patiently how high it would go. I know that many traders are having troubles with patience and that’s where you can have a big edge.

IMO it’s better to wait and see if it will rise higher risking no profit but no loss either then to leave a lot of gains on the table because you exit to soon. But we will see if this strategy holds and if not I change it.