5 min scalp · Daily Report · Reversal 101

#34 – Boredom trades

Trades: 2
Accuracy: 0%

Screen Shot 2017-09-19 at 10.06.44 pm.png

 

Sooooo painful today! I took two trades even though I saw nothing with potential pre-market. Boredom trades that cost me. I vow never to take stupid trades again. These were NOT set-ups I had been studying. OMG….. I have to stop this. I will. Lucky I am back to square one here. Also in the interest of increasing transparency I am going to start posting my account balance daily.

Screen Shot 2017-09-19 at 10.15.58 pm

This way there is full transparency.

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5 min scalp · Reversal 101

#31 – Long time no see

Trades: 2
Accuracy: 100%

P&L:

Screen Shot 2017-08-28 at 11.09.16 pm

Am I proud about today? Not really but on BLCM, I got shaken out on a grindr stock. No the stock ain’t gay. I thought it was a runner. My bad but did not take a loss.

 

Screen Shot 2017-08-28 at 11.10.54 pm

Tried to play the reversal on SFM here but got stuck in consolidation. I decided to bail as it tested the upper limits of the channel.

 

Bah! Cyaaaaa!

5 min scalp · Daily Report · Others

#28 A quick good trade

Trades: 1
Accuracy: 100%

Screen Shot 2017-08-18 at 11.25.39 pm

SPWH – One of the best trades I have made in a while. Risk management was great. I did not get my full size as it ran a little at my buy point but i did not chase. I recognized this stock was a grinder and did not get shaken out when I was red on it for a while. Got 12 cents on it and that was decent for a Momo play. It was a good trade overall. Was a little bummed out that I did not get my full size. Also a tad or two longer I possibly could have gotten 22 cents on it instead. Well thats always tricky to smack the top.

 

Cyaaaaa!

5 min scalp · Daily Report

#25 Green Day

Trades: 1
Accuracy: 100%

P&L:
Screen Shot 2017-08-14 at 10.31.19 pm

 

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FRTA – Had range and volume, now it just lacked a clean set-up. Waited and waited and it came along. 9 cents of risk there and managed to sneak 12 cents out of it with an entry with a little slippage. Glad about this trade.

Nites and good morning westies! Je suis calme today.

 

5 min scalp · Daily Report

#24 – Confidence is key!

Trades: 2
Accuracy: 50%

P&L:

Screen Shot 2017-08-10 at 10.51.12 pm

Screen Shot 2017-08-10 at 9.58.02 pm.png

So HDSN worked out great. Was happy with this sucker. Also took profits when necessary.

On the other set-up – The Reversals

Reversal set-ups were strange today. There were few great reversal set ups that I just did not have the guts to trade. Something deep in my gut told me these were not good trades. They did work out in the end but I missed em. All is well though as this slowly just adds more confidence to my strategy. I will do better next week with this.

At least I am greeeeen! Wohoo

 

5 min scalp · Daily Report

#23 – Slow slow slow

Trades: 1
Accuracy: 0%

P&L:

Screen Shot 2017-08-08 at 10.55.19 pm.png

 

Terribly slow day, just didn’t work!

Ciao!

5 min scalp · Daily Report · Reversal 101

#22 Flat line

P&L:

Screen Shot 2017-08-04 at 11.03.22 pm

Trades : 2
Accuracy: 50%

 

In the green today. 2 mistakes. Second trade ‘OCLR’ the risk-reward wasn’t too great. Ideally I would not have taken it. Having taken it, I got out too early even though the chart did not really show any technical sign of weakness. I got scared out. Still learning this one.