DougPH

Self Assessment time: Starting to get better on building my own watchlists, ignoring the fomo from others. started to find a reliable,relatable patter that is working for me at the moment. I am not fast enough or have enough experience yet for the fast moving OTC panic dip buys. I am however getting better on creating my watchlists, looking for a breakout and entries and exits. I am however not letting my winners run enough. Still trading scared and afraid to blow up my account,. Even with taking smaller position sizes. Want to stay disciplined on not size up too quick and let the market humble me. Took singles on MRIN today, expected it to breakout in the 11am hour and it stalled. took a single. did it again.

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DougPH

pattern recognition. Posting this for my knowledge to look back on. Sykes always talks about being a gloried history teacher, pattern recognition, risk to reward and adapting to the market. I have started to notice on tickers that have float rotation (Like Dux mentions in some of his interviews) combined with Mark Crook mentioning in his webinar last week. Mid-Late day stock, hanging around half of it gains, watch for volume spikes and breakouts. Below are three examples out of the 10+ times I have been able to see this pattern in the last 2 weeks on listed stocks. Will start to live trade these in the upcoming week to confirm and work on entries/exits

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DougPH

Beautiful Morning panic bounce! Preparation and knowledge meets opportunity and patience. Thanks TIM!! In 142,045 shares @ 0.0339 out 142,045 shares @ 0.036 quick $270.72 profit! Took the meat of the move and had a plan, not getting greedy! Cut losses quickly! Don't get greedy! Singles add up!

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