Friday, July 7, 2017

AVEO, VSTM


AVEO



I got freaked out of my position due to the VSTM trade. =/  Sigh... Back to basics for me..

VSTM



Back to basics for me... The setup was a 2* and was trading in a range from yesterday's highs and afternoon lows... I also doubled up on my position and overtraded it a total of 3 times...



July Goals
- Finish Arick's Videos
- Finish the 2 most recent weeks of Pennystocking Silver
- Finish Spikeability
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- Go back to how I was trading back in Dec/January taking a position size based on support instead of an arbitrary 10cent loss.  Maximum loss per trade will be 60$ and I will not enter a position more than 30cents from the support.

CLSN, MSDI, Warrior Trading

CLSN


Acted on Guru talking for the 4th time.  Buy high to sell higher just whipsaws so bad for me.  It's best to buy low on support and sell high. sigh.. fml..

MSDI



I couldn't decide pre-market where to set my stop at either 1.5 or 1.55.. I ended up ignoring the wick.  Bell rings and it sells off with me getting stopped out and saw that it was holding 1.5 -_-... so sad.  I entered back in once it broke the pivot point I was looking for.  Had multiple buy and sells, overtraded it on the way up.. I got out of red but all the commissions ate up most of my realized gains.

WarriorTrading

So I've given it some time and scalping really isn't for me and i'm far more comfortable at Sykes/IU's style of trading.  One major help from WT though is that if it feels like i'm entering a position WT style.. it's a good chance i'm chasing..