Pages

Tuesday, June 30, 2015

Thirtieth: Persistence

Summary


Today was definitely a lost day, but I was able to get lucky and recover. I need to be more patient or else I will not get lucky. 

Another reason I was able to comeback was my persistence.  If I gave up for the day, I would have never spotted the move.

Ticker: SGNL

This thing was running so the first low higher low I saw, I took. I should have waited though because it was definitely still the front side of the move. There was no setup and I was entering in blindly. Later, I thought it would try to reclaim $2.66 for a $3.00 breakout, but it was wishful thinking.
Note: I should wait for better setups.

Ticker: CLD

This was my fuckup of the day. It looked great from the consolidation, but I did not buy in to anticipate. When I entered, I was late and entered with big size due to emotions. I fucked up. 
Note: This was a complete fuckup. I used size when I shouldn't, but I also did not enter correctly. This was a $50 loss because of emotions and BAD TRADING! 

Note: BADDDDDDDDDDD TRADINGGGGGGGGGGGG. I shouldn't trade if I am to do this again.

Ticker:  JUNO

This was a momentum play for me. I was lucky I caught it.
Note: I stayed persistent to catch this chart. If I quit earlier, I would have missed it. I guess the deal is

Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.

Twenty-ninth: Small Victory

Summary

 
A small victory today. I nailed this chart, but failed to realize its max potential. In a sense, I missed out on the full move. I became lazy with my posts throughout June because I was losing big with poor trades and I was a bit lazy. I decided to stay quiet to focus and come back. I might have got lucky today with this trade.

I need to keep focused or I will fall off the train.

Ticker: MU

I saw some consolidation near 19 and that coupled with the fact that it was low of day before. I decided to get out and take my profit.
Note: I could have squeezed this chart for all its worth, but was not focused enough to do so. I thought I needed to leave earlier so I might have cut it short. This could have been a bigger win, but I blew it. 

Note: I need more focus. 

Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.

Eighteenth: Da Grind

Summary


I'm back and I'm trying to grind away. I made some solid plays, but also committed a few errors. There was a chance that I made it today, but then I threw it away because of greed.

I need to keep improving or I will die. 

Ticker: SGYP

So I shorted the lower high instantly and got stopped out. My risk should have been at A, but I just thought it was too much. I Bot @ $8.42 for a long, but it did not break out as I wanted to. It took the rest of the day to consolidate higher and break out.
Note: I have to be patient. Especially with my account.

Ticker: ANTH 

This is how I thought the chart looked like.

It went higher the rest of the day holding the support.
Note: A quick parabolic followed by a 100% retrace is not the best place to short because its already made a huge move already. Better be more patient to see what happens later.

Ticker: RMTI

The chart looked like that. It retraced the big moves, but it seemed like it held.
I shorted when it dropped, but it triple bottomed holding support and grinded back up. This is a warning sign of when to cover.

Note: I made a few mistakes here and there that shouldn't have been. I'll do better next time. 

Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.

Wednesday, June 17, 2015

Seventeenth: Market Manipulation

Summary

I lost $3 from commissions. I guess it could have been worse.
I made some interesting discoveries with a chart and gone mad with my plays. Even being right cost me money, but at least it's didn't cost me as much as before. I must continue to work even harder because I am always behind. It's the only way to succeed. 

Take a look at this shit. There was so much market manipulation that it's not even funny. I am lucky I caught on to it before dying out. 

Ticker: AERI

So this gapped up yesterday but looked weak. I ultimately was looking for a short, but today's chart proved me wrong. 
Note: Good thing I wasn't too biased about the chart.

A lot going on. I saw an ABCD pattern form, but also thought that it was too weak because it lacked volume and was forming a descending triangle. However, something was wrong with the chart. $20.00 was being soaked by the market makers and when I realized it, I thought there was a short trap going on. I immediately went long at @ $20 and when the trap triggered, it shot up. Unfortunately, I stopped out before it went higher.
Note: I suck at trading it seems. There is nothing but that. I just gotta practice more. 

Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.

Monday, June 15, 2015

Fifteenth: Fucked Again

Summary 

This is me checking my position with the fucking mobile platform since their main web platform is down.

I placed an order with Suretrader and then their web platform fucked up. I had to place my stop with their support in order to get out. This is confirmation that my curse is alive and well. I am not sure if I would have played this chart differently, if I was in charge of it manually. It also seems like I choose bad tickers to play because there were better plays out there. 

I put in $2500 into my account. More like $2475 after fees. Hopefully I can make it with this.  

Ticker: MOBI

The plan was over and under $6.75 parabolic short. However, it was just weak so I decided to play it.
Note: This was a bad choice because the setup wasn't too clear. I may be should have waited for more of a confirmation. There were other charts that were much better and had a better setup. 

I started after I thought it peaked out at $5.90. Everything after that was when I couldn't access the web platform. I saw the flag and considered covering there, but decided against it because I wanted to let it run its course. So I contacted Suretrader support and put a stop @ $6.11.
 
Note: I should have noticed the flag and that SSR was on. This was a signal to get out because it was holding it. Next time, I need to think faster.

Note: FUCK SureTrader.

Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.

Friday, June 12, 2015

Fuck Suretrader

The Story


This is what I have been going through the past month. I have wasted a month's worth of my time because I wanted to save a measly $25. This was a stupid idea and a huge lesson for me. Time is important and this is how money can literally buy time. Don't fall into the same mistake I did. 

In other news, Suretrader's ACH system has been down for a month. It is completely ridiculous because it simply shouldn't take this long.They have been fucking around dodging questions while sending canned responses.


This message was directed to Guy Gentile. However, it doesn't seem like he checks anything personally. 


I was given some canned response and that was that. SureTrader doesn't care about anything it seems. If you guys want to trade, then trade. Don't waste your time arguing for a cheaper way to deposit money into your account. Your time is valuable and you can probably make everything back faster than waiting for some bullshit support team.