I FUCKED UP AND BROKE MY OWN RULES.  I KNEW IT WHEN I WAS DOING IT, AND I WENT AHEAD AND DID IT ANYWAY HOPING I WOULD BE RIGHT. IF YOU'RE GOING TO DO THIS FULL TIME, YOU HAVE TO FOLLOW YOUR RULES AND NOT MAKE EMOTIONAL DECISIONS LIKE A LITTLE BITCH. FOLLOW THE RULES AND YOU WILL DO WELL.  I REALIZED THE ONLY TIME I REALLY FUCK UP IS WHEN I BREAK MY RULES.  DON'T HOPE, HAVE PATIENCE AND LET THE TRADES SHOW THEMSELVES TO YOU, YOU ARE NOT ALWAYS GOING TO PICK THE RIGHT STOCK SO BE PATIENT.

I saw volume dramatically rising on the breakout of ABWN and I bought in thinking it was going to be a big spike.  It consolidated and tanked so I sold for a $130 loss.  I then was contemplating buying in again and cancelled my order and it went through anyway, I saw the position quickly start to drop and I didn't know what to do so I sold my position and contacted T.O.S. on the chat and got no response.  I called them and after waiting a while got through, they informed me that I was unable to reverse the trade because I had already sold, had I left the position open they could have reversed it. 

LESSONS LEARNED: Don't use up your last 2 trades in the same day, and 2 DON'T FUCKING CHASE SYKE'S ALERTS.  You know better than this, steady pace wins the race.  Your strategy has been bullish!  Don't fuck it up.  Just because your stock didn't do what you wanted it to do, now you can't trade on THE DAYS WHERE YOU HAVE MADE MOST OF YOUR MONEY, THURSDAYS AND FRIDAYS.  You are not going to be right every time, so PICK AND CHOOSE WISELY.

 

In a nutshell $TEUM did not do much of anything after the open and I was bored for the first 2 hours so I entered another trade and it bit me in the ass.

TEUM - Bitcoin theme, I am expecting this stock to open around 3.10, then dip to between 2.80 and 3.00 where I would buy and sell half at 3.10 and let the other half ride out the break out selling between 3.30 and 4.00.  OR if the stock spikes and breaks yesterdays high of 3.15, it could spike between 3.50 - 4.50

TOP DOWN LISTDO NOT DELETE
-RISK/REWARD:
-Float: 23.6M
-Volume: 41M yesterday, almost 2 the amount of shares trading, bullish (2% OF VOLUME RULE!)
-Short squeeze momentum number (1-5, 5-10,10+) w/ catalyst: .26, bitcoin hype
-Over Head Resistance?: 3.30, 3.50, 4.00
-HYPE?: Blockchain, movers list
-EARNINGS?: N/A
-THEME?: Bitcoin blockchain
-PATTERN?: 2nd day of force, large 1st day breakout
-GAP?: Gap up
-EMA STACK: 3/6 month daily 13 (crossed bullished yesterday), 200, and 39, 15 min 13, 39, 200, 5/1 min 39, 13, 200 but will be all systems go with a little volume.
-MACD Histogram and Signal Lines: 3/6 month daily histogram is bullish @ .15368, fast line is @ .22877 and signal line is @ .07508 with small gap between fast and signal lines
-MOM: Bullish @ 1.96142
-RSI: Over bought @ 80.1216 at end of day yesterday
-D.O.W.?: Tuesday to wednesday
-Candle closing strong? Strong close, low 1.35, open 1.38, close 2.80 and high 3.15

THE MARKET IS ALWAYS CHANGING, AND SO SHOULD YOU.
PLAN THE TRADE, AND TRADE THE PLAN - THEREFORE TRADE TO TRADE WELL, NOT TO MAKE MONEY.