Holdmytexan

Going over my trades from last week and I'm feeling much better about them today than I did on Friday. I'm actually only a couple of bad decisions on not taking the profits when I had the chance on options from bein profitable! This is encouraging. Yes I did chase a few stocks, but I cut those losses very quick so they didn't hurt me. My biggest hurdle last week was wanting more/ getting greedy! This is something I believe I can and will correct this week, if I haven't already. I had shown really good discipline on Friday taking the profits pre market and not holding out for more. I'm conquering my demons 1 at a time getting closer to the goal of consistency!

Join now or log in to leave a comment
Received 2 Karmas
farrelco
2
farrelco Aug 02, 20 6:16 AM

Hey Roy, I was watching them by year.. then switched to category. To be honest it doesn't really matter. You can get nuggets from every video lesson. The video lessons should be seen as a compliment to your own research and chart analysis. You can save the lessons you particularly like because its a good idea to watch them more than once! Hope that helps

Kupfermagnet
2
Kupfermagnet Aug 02, 20 4:09 PM

Hey, only have a sub, currently I watch all the new ones Tim puts out and then going backwards if nothing new is to watch. Also I focus on one category at the moment (buying morning panics) as that is the main strategy I'm trading at the moment. When I started out I wanted to watch all video lessons all over the place but that is just information overload. I think Tim Grittani said it, one lesson that truly helped him is to focus on one or two strategies. Hope it helps and good trading

Holdmytexan
Holdmytexan Aug 02, 20 5:40 PM

@Kupfermagnet there's no such thing as bad information, I'm always looking for new ways to grow as a trader. Thanks

Join now or log in to leave a comment
Holdmytexan

Had a very good morning with my cash account today with $ZN . Started off closing my overnight position for roughly 180% gain then dip bought the mini panic for a 5% gain. My paper trade account did much better due to the ability for larger positions and being able to play the $5-15 stocks with a decent size which I seem to be a little better with on a more consistent basis. But none the less I've grown my knowledge and experience account this week and have shown more patience in the latter part of the week. Haven't really chased too many (only PRPO ) yesterday due to FOMO during the spike halts but I can see some improvement. I've passed up a lot of not good set ups that I have dove into head first in the past and stuck to my plan on most entries or didn't enter because my target wasn't reached without feeling like I had to trade. That is a huge step for me, I now don't feel like I have to trade every day and I'm looking for much better set ups. Of course STT and the breaking news are a huge help!

Join now or log in to leave a comment
Holdmytexan

I have to learn to follow my own rules, had a few losses today on my cash account because I didn't just paper trade like I planned! Chased a supernova and then sold too soon after the dip even after I posted on twitter that there should be a big squeeze going into close and turned a winning trade into another loser. These mistakes are not only killing me but also my account! Not sure how much more my small account can take!

Join now or log in to leave a comment
Holdmytexan

First day with STT had a couple of good trades in the real account but only 1 was profitable. Set up paper trading and had a pretty good day there, bigger positions than I'd ever take in my small account due to it starting with 30k. made a little over $350 in a few trades. Having trouble getting Etrade connected though so that adds another level of difficulty lol. Going to probably paper trade only tomorrow to get a little more used to the program and let my cash account settle for Friday.

Join now or log in to leave a comment
Holdmytexan

Ended the week on the red side, really only had 1 profitable trade. But I did much better at cutting losses and did'nt chase as many trades. Spent a lot of time watching the alerts instead of chasing and a few I even called as bad entries even for Tim lol. I'm getting much better at seeing the patterns and knowing when and where the good entry points are even in real time before it tops out. Now the challenge is finding the stocks and being ready at those good entries. I feel STT Breaking news will be a tremendous help with that when my new laptop finally get here and I can get that set up. Until then I'll just mainly be studying and watching the alerts, to learn the patterns and get a better feel for the speed of the market. I'm also watching a few potential options plays for next week. I had a very successful trade there this week and another bad decision which I compounded by adding to a loser. But the latter was another lesson in what not to do.

Join now or log in to leave a comment
Holdmytexan

Yet another frustrating day full of questionable decisions. Thinking of taking a few days away from even looking at the market and just study only. I have a couple of open trades to tend to tomorrow and I'll decide from there. Not giving up by any means, just tired of wasting money on bad decisions before I have any kind of edge. Maybe it will be a diferent story when I can use the STT breaking news and all of the other tools that go with it, Just going to study up until then!

Join now or log in to leave a comment
Page
of 17