Chapter 2 Trading journal #116 -06/25/2019 +$167

Peter Skalon.eth
3 min readNov 13, 2022

--

I guess this is an ok day. Not feeling happy. Feeling like underperformance today.

On the bright side, I more or less avoided the main mistakes I’m working on this week. I did not snort Higher Lows and was waiting for the right HOD entries ( although I missed some of them, but I didn’t chase)

Watch out for entries while bids are still ascending (on the way up) — they are stepping up, no need to step In front of the train/bus or car

What’s working for me is scaling in against HOD.

Will work tomorrow on having more risk as my minimum risk while completely avoiding mistake entries.

OBLN +$59

BPMX +$51

#1 Not the right entry Premarket. Also, on the drop before ( exactly the same way), they saved VWAP. So I should have stayed away from shorting bottoms here.

#2 I Allowed me to get influenced here. Bids came, someone start to say they will save it and etc. I should have just stuck to my original stop since I Knew ATM (fillings) + Chart +Tape = everything was conforming.

PTN +$39

OXBR +$25

Many missed entries here. Much underperformance here

VVPR +$18

AMAG +$17

LPTH +$8

OGEN -$4

VBIV -$5

NERV -$18

Late exit. Price caught up with 20MA

RIOT -$24

#1 and #2 are Both Shitty entries

Read next: Chapter 2 Trading journal #117–06/26/2019 -$107

Read main Chapter 2 “Peter, you have to start putting green days on”

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Resources

  1. Connect with me on Twitter, Linkedin, or hit me up on Telegram
  2. Table of contents — everything posted up to date.
  3. Subscribe below to get new post notifications.

--

--

Peter Skalon.eth

Author of a web 3.0 edu project - 1000 day trading journey from 0 to $1,000,000. Ex prop trader. Marketing professional @ Cumberland LAbs - Web 3 Incubator