todays trading was better. I didn't feel lost. I waited for at least 5 minutes after the open to let things develop. Last trade was me overtrading and not waiting for the indicators which ended up being my only lost. Good news $5 price target, red to green, dip buy, previous spiker, and it was a quite low volume for months until Friday which gave people the weekend to see it. $PTN The last 2 were were my lest profit and for good reason. I chased and over traded. I cut losses quickly which was good. . Keep working on it and keep studying.
Rushed buy into $PTN, failing to low of day. Bought it at 1.42 out at 1.34. Should have sold it quicker. Might have it bottom as it took out the lows.
Break even on second buy
Hit 1.40.
Retreated to 1.34ish.
Losing steam 1.20s
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Thank You Tim!!!
thank you tim
Thanks Tim!
Thanks Tim!
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Spent 5 weeks over trading quite a bit. Was doing okay, until i started to try to size up and the OK i was doing was not the right habbits. Its really easy to hear the advice people give and not internalize it. I think it really hit me how burned out i was getting and that the over trading on mediocre set ups was SO taxing. The major plays right now are not plays im comfortable with as the squeezes seem so volatile i just cant mentally handle them. The answer however was not to trade shittier less volatile plays the answer was to watch videos and read. Video lesson #5776 was totally what i needed to hear. re watching trading tickers as well and read the book Tim G recommends in that video ( Daily trading coach) twice. I think after hear "let the market/patterns come to you" from literally everyone and every book i realized that not only do i not fear missing out on plays im not comfortable with i dont want to do that to myself. Why take out the stress of a trade on a low odds play that i KNOW will give me anxiety win or lose. I don't know if anyone will read this but if you do I hope this helps. I expected to be better quickly- which I know alot of people do but I have worked in finance for 3 years and have extensive knowledge of investing. IT IS NOT THE SAME. IT DOESNT MATTER. It helps, but it doesn't mean i can rush it. I need to find that little edge and after tracking plays I think dip buying and shorting the top of bounces is the way for me. I will do my best to maintain discipline and only play those set ups that dont immediately make me nervous. The really good set ups ive played, pretty much just $PTN dip buy and shorting top of the bounce i played a fair amount of size and although my executions were poor and i was anxious (i was newer) i wasn't anxious for the same reasons as on a play like $ELTK where it is just so erratic i know im holding a grenade without seeing the timer on it.
[TimAlerts] $PTN bottoming. She seems to like to go on .30 cent runs. Check the 1 yr chart. Recent license deal announced for FSD.
[TimAlerts] sold my $PTN from .524 here above .55c good dip buy and get out safely for 120$ profit, (small position small profits)
[TimAlerts] $PTN up ticking slowly
[TimAlerts] $PTN uptrend from dip
[TimAlerts] $PTN dip buy opport. at .52c
[TimChallenge] $PTN dip buy opportunity?
[TimAlerts] $PTN would be a bit overextended there imo
[TimAlerts] Hi, what do you think about $PTN if it runs above 0,82?
[TimAlerts] I like $PTN but it too had that drop. Probably would need to be quick on that one.
[TimAlerts] $PTN licensing deal contract winner
[TimAlerts] Any big sellers on $PTN ?
[TimAlerts] $PTN is looking promising too
[TimAlerts] $PTN contract winner but had a death drop.
[TimAlerts] $PTN has support at $.6
[TimAlerts] $PTN Dip buy
[TimAlerts] Any Thoughts on $PTN ?
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