(this is from 5/13/2020 altho I posit day 14th)
nice, so today I've successfully sticked to my plan (in my opinion) of trying to not overtrade , only trading if very good setups appear and looking for many morning morning spikes to watch learn and not trade and ideally trade some good gun chart setup in the afternoon .
this morning I have being watching $MARK an overextended stock that had it first red candle yesterday altho it close eventually green but looked like back side of the move now so I Was watching it for a morning panic dip buy opportunity to watch and learn (maby trade) , same with WTRH that I was looking for a morning panic many intraday panic , but none of them wad good panics imo. then I was watching the spikes holding it gains looking for that afternoon gun charts and I found $GNUS and CREX and traded them , today and explained them on my trades profit.ly thing . lessons from today : 1: not overtrading pays of 2 : dont buy when the multi day b/o is too far away already , or beware of takeout eventho its an afternoon b/o 3 : very good setups can be left some room but watch closely for potential trend chance and never let losses become too crazy 4: is nice o take profits if you are learning and not so confident with what you are doing so later on you can be more aggressive on your bread and butter 5: remember try to not overtrade( I do have a problem with this ...) 6: beware that this hot market is probably not lasting forever so learn to focus on really good setups eventho now everything is running .
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