Daily Report · Top Reversal

#84 – Learning and Growing

Trades: 1
Accuracy: 100%

Screen Shot 2018-02-13 at 11.04.58 pm
Screen Shot 2018-02-13 at 11.04.47 pmScreen Shot 2018-02-13 at 10.57.12 pm

Saw opportunity for a short on this beaten up gapper. As you can see, my size was tiny but I was hopping for a pop to risk off 5.5 but that did not happen. Furthermore, my full size risk was round about 50 USD (gotta start somewhere in life) and hence I took a quick starter.

Still learning and growing on this set-up. Playing it real cautious and being super weary this month.

My wins have been small but I have also been pretty accurate. Going to try to keep being smart and having risk management in mind.

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Daily Report · Top Reversal

#83 – Meh

Trades: 1
Accuracy: 0%

Screen Shot 2018-02-12 at 11.29.18 pmScreen Shot 2018-02-12 at 11.28.43 pmScreen Shot 2018-02-12 at 11.28.53 pm

Played this a bit off on the first trade but alright on the second. Saw the thing curling up so I took it off. Second time playing this set-up. Let’s see how this goes aye.

Bottom Bounce · Daily Report

#82 – Finally! A confidence builder

Trades: 1
Accuracy: 0%

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Oh I played this thing beautiful. Got a god damn killer entry as it hit first support at 18.25. Hoping for a pop at open but that did not happen. Took shares off early as it looked volatile to cover my bases. Then immediately cut the remainder the moment 18.25 broke. The rebound did look close but never happened – only visible on the 1 min chart.

Played this like a beauty and so proud of this trade. Let’s keep doing this for the rest of February.

Peace!

Bottom Bounce · Daily Report

#81 – Challenge Accepted

Trades: 6
Accuracy: 33%

Screen Shot 2018-01-31 at 2.55.36 amScreen Shot 2018-02-01 at 8.22.05 pmScreen Shot 2018-01-31 at 2.55.16 am

Super tough fought day. Had six trades!

AMRN: 

This sucker just did not work and I hit the sell button twice. Hence I entered into a short. Got out – Well shit does happen.

TEVA:

  1. As you can see in the chart above, this was interesting. First entry pre-market was a loss as LOD broke. Good exit and took quick losses.
  2. Re-entered on the first new high as the second support held. Good trade here and took profits on pops and even managed to top tick the candle.
  3. Re-entered again for the pullback – rushed this a bit as it did not make a new high yet, even though the ask was showing a new high. Got stopped out.
  4. Played the pullback for a second time. This time it worked. I did not pussy out on size and sold at pops. This sucker took hours to build up and it was a pain waiting this out. It was the longest time I have been in a position for. Definitely a good learning point.

Walked off green today and I have to say the good trading outweighed the bad today. I was sincerely happy.

 

As you can see I forgot to take some screenshots and decided to post part of me account statement.

Bottom Bounce · Daily Report

#80 – The January Slaughter continues

Trades: 1
Accuracy: 0%

Screen Shot 2018-01-29 at 11.17.03 pmScreen Shot 2018-01-29 at 11.20.31 pm

Was eyeing two stocks today and this one provided a nice pullback opportunity. I am proud of this trade. It just did not work. I did not chase. I got in with good size and made an entry only after pullback confirmation and finally exited only as my support broke and minimized my losses significantly. Truthfully its a happy loss here.

I am down bad this month but only because of poor trading in the beginning. Its a long journey and I have accepted that. I have to just keep grinding.

Daily Report · Top Reversal

#79 – First Top Reversal Trade

Trades: 1
Accuracy: 100%
Screen Shot 2018-01-25 at 12.01.48 amScreen Shot 2018-01-25 at 12.02.11 amScreen Shot 2018-01-25 at 12.01.34 am

Kind of traded this sucker twice. The first failed and I got out near the peak. Recognising my early entry and my inability to bear with such a big loss initially, I took another shot at the beast with an entry on the down side. Great one there and I grinded through the pullback. Have been tracking this set-up for a while and happy that the first trade on this is a positive. Obviously took super small size because I am just learning this.

 

Bottom Bounce · Daily Report

#78 – Sorrow fills my heart

Trades: 1
Accuracy: 0%

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My heart is filled with sorrow today. It seems like all my picks are failing me. The month continues to destroy me and my account continues to dwindle. It feels inevitable that I bust and I am on the path to destruction. It was and upward pre-mark chart – one that has huge potential in my statistics and I was excited to play it. Maybe too excited. I forgot some of my patience and took too large size on this. It’s sad but today really hurts as my account reaches all new lows.