Thursday, March 9, 2017

Day 108 - Using TOS's Software To Trade Intraday In The Past.

Going To March 1st first and making my way through the days. I'll let you know how I do with screen shots and maybe a video.

Only got to trade on march first because how annoying my internet is but I did post a video here!

Traded $SKLN for a $95 dollar profit buying the breakout over the premarket highs. I was trying to dip buy it with 500 shares but the thing didn't dip enough so I bought it instead. Shouldn't have honestly made the trade but oh well!

Thank you all for the support!

Wednesday, March 8, 2017

Day 107 - Didn't See Much This Morning But There Were Plenty Of Lessons.

There was much in play today with the exception of shorting $PRKR and dip buying $OCRX

$PRKR there were lots of short signs for this stock. Let me start off by saying originally I had this for a potential dip as it was consolidating from it's premarket highs and today looked to be its 2nd green day so why wouldn't want to dip buy it? Because of the inability for it to rise above the 200SMA. The 2nd sign was the crossing of the 9EMA under the 20EMA. Finally the last sign to short was the stocks inability to rise above its previous lows (support). It gave two attempts to rise back above the now resistance level, but ultimately failed. Covering in the low 3s would have been ideal. Good Lesson.



$OCRX was a tricky stock. Rising 50% pre-market, only a new trade wouldn't think to look for a potential dip buy at the market open. When look for a dip, be sure to measure you risk/reward. Tim bought in the morning around 84.5 Cents at it seemed to be a dip bounce. But when it did not bounce Tim rigorously told his ego that he was wrong and exited at 85 cents to break even. Great thing he did as the stock dipped all the way to 77 Cents. My mistake here was that I thought $OCRX was done. WRONG. Soon after the decline the stock began to rise and eventually, making lower highs along the way, progressed over the high of day.

Point is, You should never assume stocks are finished and you should never enter in anticipation that a stock is not finished. Wait for a clear sign and ride the wave.

Tuesday, March 7, 2017

Day 106 - You Can't Trade Every Day

Although it is very tempting to want to be in the market every day sometimes life gets in the way and you have to set trading aside. Unfortunately I was on the road all morning from 8 A.M EST to about 2:30 P.M. But the best part about not trading, is the fact that I get to start studying a lot earlier than usual. I read 1 chapter (CH. 5) in Beyond Greed and Fear by Hersh Shefrin today. Great book but not as fascinating as Reminiscences of a Stock Operator or How I Made $2M in the Stock Market. You guys seriously need to be reading as much as you are studying. Reading, at least in my opinion, really helps you grasp

Going to watch some videos by Timothy Sykes, currently on video 91. Yes I know that's a little but I've actually watched about 300+ of his videos through his various catalogs and I am always up to date when he produces a new video.

Hope you guys are as motivated as me in becoming a millionaire. If you ever need moral support you can message me on Profit.ly, YouTube, or anywhere. I will always be here for anyone!

Monday, March 6, 2017

Day 105 - Lots of Action Today!

There were lots of dip buys and short opportunities this morning!

Check out the video HERE on all the plays of the day!


(The following pictures are in order as they appear in the video)










Sunday, March 5, 2017

Day 104 - Sunday Night Studying

Today my family had a horrible loss. My step grandfather passed away and it is very hard on my mother. I didn't really know him but it is still such an odd thing to experience. I really admire her strength to pull through and think positively during these hard times. I'm reminded that in life, the things that you are given can indeed be taken away in an instant.

"And I am not frightened of dying, any time will do, I
don't mind. Why should I be frightened of dying?
There's no reason for it, you've gotta go sometime."

- Pink Floyd.

I think this Pink Floyd quote applies very well here in this situation because you have to realize and not fear that someday you will die.

In Larry Livingston's quote "To be angry at the stock market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia," I believe getting mad at market for doing what it wants to do applies to life as well. Life has a time limit and to get mad at life when it "illogically goes against you" a.k.a puts you one day closer to death, has no effect in delaying it. We're all going to go one day.



Didn't study much today but I will study now. You always have to be prepared to for the market as you do in life, so I am going to watch at least two videos by Timothy Sykes here on Profit.ly. 
Going to study extra hard tonight to ensure that I can live life to the fullest when I become successful.
Thank you guys for all the support you have given me on my YouTube Channel I will see you all at the market open.

God bless you all.

- Angel