Bottom Bounce · Daily Report

#47 – Pure stupidity

Trades: 1
Accuracy: 0%

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I really feel terribly stupid and mad at myself. It so sad that I keep making the errors I tell myself not to. I cannot understand why.

Really nothing to say here. I traded pre-market without waiting for trend to form

 

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Bottom Bounce · Daily Report

#45 – Inch by inch

Trades: 1
Accuracy 0%

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Today was super interesting. I told myself I need to start playing these set-ups more. I tried playing the first pullback because I missed my entry around 9.2. I have seen many of these break their morning high after the first pull. Entry was great and size was great. It just did not work. I am a little mad about my exit though. It seemed a little too rushed and my support had only broken by a tick even though I planned for 3.

This thing looks like its about to indeed do that break above HOD but who knows. I don’t wanna play something I am not comfortable in anymore. As I said over the weekend its ok to miss set ups. I need to see more pullbacks and slowly master them. For now, I’ll wait until tomorrow.

Bottom Bounce · Daily Report

#44 – Poor Trading

Trades: 2
Accuracy: 50%

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Yesterday’s finesse was overshadowed by today’s complete failure in strategy. I sold into support instead of doubling up my position. I got scared out – as simple as that. I forgot that trading the pattern and the chart is key. I know this pattern. It was doing exactly what it is supposed to do but yet I messed it up. A kick in the balls. The second time I got in, I did the exact same thing, this time with a super small win though. Sold it on the pullback, again forgetting the big picture. Fool me once, shame on you. Fool me twice, shame on me.

Also what I did learn was to maybe not trade these stocks which was such small range. It really is no point unless I am smacking support or going in with much bigger size.

Monday here I come! It’s a grind. It really is just a proper proper grind.

 

 

Bottom Bounce · Daily Report

#43 – Content

Trades: 2
Accuracy: 50%

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I’m all smiles today. Many would look at this and wonder how I could be happy with such a small gain. Well I did many things right and my loss today was justified. Things just did not work.

What went well:

  1. ACRX was a good trade and I was patient on my exits. Was looking for it to go higher but as soon as it broke a support I got out
  2. PTGX was a good bottom bounce trade as well. I did not panic out as it washed on me in the morning. Saw a nice ascending wedge set-up forming but the moment that failed I said it was time to get out. Small loss and took small size due to volatility. I am proud of how I handled this one.

 

It has been a tough week. I am not trading tomorrow but I certainly look forward to Monday.

Bottom Bounce · Daily Report · Gap up Reversal

#42 – Harsh

Trades: 2
Accuracy: 0%

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Today was harsh to say the least. I feel drained after losing my fourth consecutive trade. They were not chases like the last two but certainly sad.

HDSN was a classic set up of mine. Been doing decent at em recently until I messed this one up. I got shaken out at a quick dip below support. Really is hard to see a stock do exactly what you expected but not make money.

CLSN isn’t up there but I saw it making a reversal round about the 4.9 pivot point and I put an order in for 5.02. I did not get filled and it shot up to round about 5.45. Another painful one. Got over that quick though

RGSE was also painful. My emotions were running high by now with arguably two failed trades. Got in at support at about 2.35. I sized in this one expecting the reversal which I had been seeing happening to upward trending stocks. Of course, the one I play correctly does not work.

I must say its tiresome to keep losing. I also end my next set of 10 day analytics in the gutter. With 40% accuracy and around -20 on P&L and -200 on NET P&L. Heartbreaking really but I went in this for the long hall.

Bottom Bounce · Daily Report

#38 – Pas mal

Trades: 1
Accuracy: 100%

P&L

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Alright, a half smile on me face today. Much to learn and much to improve but played this according to my tracking. Took some off real quick and then more at 15. Nice bottom bounce play.

To more good days. Salut!

Bottom Bounce · Daily Report

#37 – Platform crash!

Trades: 1
Accuracy: 100%

P&L:

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Bottom bounce again. Sold way way too early but that is because my platform crashed and I couldn’t access it through my computer. Used my phone to get out as quickly as possible. I think this will go up to around 14.5 before it starts to fade off the day.

Its frustrating when your good picks kick you in the balls. But hey at least I recovered yesterday. Also starting to like this bounces.