Chapter 2 Trading journal #76 04/29/2019 +$37
Takeaways:
- I’m missing really good setups in low floats. I will be concentrating only on watching low float stocks.
- Keep in check my risk reward to have at least 1:3
- I know my setups. Need to work on the entries — to avoid late entries.
EMES +$26
#1 It was still a front side
#2 I should have held and did not cover anything for 2–3 cents
ATHE +$20
LXRX -$1
The missed opportunity of the day.
#1 I should have stayed with it and take MATA setups. It provided many setups and provided many entries here.
MOMO -$1.6
It was a bouncing ball setup. Entries should have been way earlier.
TGT -$2
#1 Misread price action here. There was a seller at $78. The right play was to get short as close as possible to $78 and cover washers. If it gets above $78 — get out. The biggest issue was that I was going long into resistance.
MBRX -$2
Should have avoided an add at 09:43 and kept the stop above 59s.
Will rewatch the tape tonight.
AAL $-2.
Should have not spent any screen time here. Rvol was 0.8
Read next: Chapter 2 Trading journal #77 04/30/2019 +$52
Read main Chapter 2. “Peter, you have to start putting green days on”
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