HommaClaws

MEET didn't GAP up as much as I would have expected if I had held it over night. Actually, had 2 opportunities to enter around the previous close price. But overall the Risk/Reward was not that good, moves bounded by around 0.20c.

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HommaClaws

Looking at MEET which is hitting a new high of the day. This seems to be a good candidate to hold overnight. Not that I will, but lets say it does close strongly in the $4 range.. I'll watch it tomorrow morning to see if it would have been a successful trade.

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HommaClaws

Reset paper trading account to the amount I plan to open a trading account with. Included the commisions etc. Trying to get a more realistic experience when I do open an account.

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HommaClaws

SST got one hit this morning $TRNX. But the SSS score was 'Poor' and overtime improved to 'Watch' status, but never qualified as 'Playable'. Decided to understand why the chart looks like it does. Stock reverse split caused a gap up on August 22nd. Yesterday up move was on the anticipation of positive news. The was a conference call today and the 'Fuels' spinoff was announced, which made it an earnings winner. Hence, there was a morning gap up. But then selling started and it cracked hard to the down side. Slowly improving research to understand why the chart is moving as it is.

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HommaClaws

Continue to improve my analysis using the Sykes sliding scale (SSS). Penny Stock Course book is also a huge help. Finding I'm avoiding trading when following the analysis. Over time the stocks continue to look poor, so its keeping me safe until the right setup comes along.

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HommaClaws

Started posting my paper trades as I get the trading routine worked out, and also work on my daily process. I continue to read the Penny Stock Course book, watching the daily videos from Tim, and still re-watching the VIP content.

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