RJET, CRC

RJET

Bought 1500 RJET @ 1.54 15:41:07 03/03/2016

Chart is solid but the catalyst is so backwards. It's heading towards bankruptcy yet the stock is up wth? I was so confused and false rumours of a buyout are in the msgboards, it didn't help that there was a unusally huge buyer at the end of the day which didn't make sense other than an insider buying with info not known to the public. Anyways, went half my normal size just cause this was a weird setup.

Sold 1000 RJET @ 1.78 08:43:12 03/04/2016

There was a 1000 Bid @ 1.84 at 7:30am that I spent 10mins glaring at taking and I KNEW i should've taken it for a guaranteed 30cents profit but i let it go and the bids sank to 1.6 and i waited with regret til 9am and took some bids that was at 1.78. I cut down my size 2/3 instead of my usual 1/2 to cut alot of my risk since this was NOT an earnings winner/positive catalyst.

Sold 500 RJET @ 1.5127 09:31:00

Holy crap!! My mental stop was at 1.54 but hesitated a few secs which cost me another 3cents. Stock crashed to 1.3 within 5mins of the open.

Bought 1000 RJET @ 1.669 11:17:49

STUPIDITY ARISES !! Same mistake as last week... This is too much.. I'm putting a sticky in front of the computer. It'll say to apply LX21's Star Rating system.. Impatience/boredom set in and i MISSED CRC because of this stupid trade.dd

Sold 500 RJET @ 1.544/Sold 500 RJET @ 1.54 11:57:35

Spent 40 LOUSY minutes babysitting a shitty trade and i missed my entry on CRC 1.50 breakout on pre-market HOD. Not only did i lose 150$ but i missed out on an easy 600$. C'mon, i've got to control this impatience....

CRC

I was actually watching CRC on March 3 when it broke out of the previous day's HOD at 90 cents waiting for the 1.06 breakout since the earnings was released. I got bored babysitting and thought it's prolly not gonna breakout til the afternoon and pulled up a youtube video. After watching for 5mins i tabbed back to see it at 1.24 which was exactly where i had planned to exit partially to take profits, I missed an easy 18cents. Easy 540$

Fast forward 1day March 4

Pre-market was AWESOME !! But i was long in RJET already so i was fully focused on RJET at the open. After i closed my RJET, I knew i want in on CRC at 1.5 breakout on pre-market HOD and a nice solid "magnet" number. I was fully focused but on the wrong stock, i entered out of impatience on RJET even though CRC was the earnings winner. Because of impatience, i missed out on entering CRC at 1.5 like i wanted. Missed an easy 26 cents by close. Easy 600$

Bought 2000 CRC @ 1.71 15:30:05

MACD Bullish signal/Crossover/Higher Low confirmed.

Sold 1000 CRC @ 1.755

I was still scared because of what happened to RJET in the morning (even though this one IS an earnings winner) combined with the fact a few days ago this was trading in the 60cents range. Already up 200%, i think i'm ok with playing it safe and locking in a few cents and downplaying my risk.

On a 1y/Daily timeline. RSI/MacD multi-month bullish cross-over. It's the first time i've seen this and this i know for a fact happens very rarely on top of coinciding with an earnings win as a catalyst.. This was an easy 200%+ profit and missing out on a swing trade like this engrains this pattern in my mind.