This is my first blog post of many to come.  In a nut shell, I have spent majority of 2017 learning everything I can about the market as opposed to trading.  I became a Challenge student January of 2017, studied Sykes' material relentlessly and started trading in May.  After a few weeks in May of 2017, I started overtrading and was on a streak of losses (lost over 2K).  I realize now I was making many decisions based on emotion instead of logic, and those emotional decisions cost me a couple grand AND violation of the PDT Rule.  My account was frozen for 90 days, in those 90 of no activity I started studying everything I could get my hands on.  While I have studied Tim Sykes' material (still have more to go), I have also studied Cameron Fous, Toni Turner, Jake Bernstein, Justin Kuepper, Michael Sincere among many other people in different niche's.

I then combined knowledge from all of those guru's and developed a list of things I look for in a stock.  I hope this list helps you as it has helped me, I began trading again last month (Thursdays and Fridays due to my schedule) and my TOP DOWN list has helped tremendously.  I have put a lot of emphasis on studying the psychology of the market, because that is what drives it.  That emphasis has returned 75% of my losses from May after todays trade (which I will upload tomorrow), and I expect it to serve me well.  Attached below is that list, I hope it helps you like it has me.

PURA VIDA

-Raul

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TOP DOWN LIST

DO NOT DELETE

 

-RISK/REWARD:

 

-Float:

 

-Volume:

 (2% OF VOLUME RULE!)

 

-Short squeeze momentum number (1-5, 5-10,10+) w/ catalyst:

 

-HYPE?:

 

-EARNINGS?:

 

-PATTERN?:

 

-GAP?:

 

-EMA STACK:

 

-MACD Histogram and Signal Lines:

 

-MOM:

 

-D.O.W.?:

 

-Candle closing strong?

 

THE MARKET IS ALWAYS CHANGING, AND SO SHOULD YOU.

 

 

PLAN THE TRADE, AND TRADE THE PLAN - THEREFORE YOU TRADE TO TRADE WELL, NOT TO MAKE MONEY.

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