
I was quite humbled on my $240 gain yesterday. I had watched all of @timsykes videos on the big loss and basically got scared. I realized That I need to be more disciplined and careful. If I do, I can do better. Well, I got complacent Friday. The first buy isn’t a bad one. I took Tim’s tipper and bought 300 NXRP based on the catalyst and the fact that the day’s chart looked a lot like the UCAR chart, so I’m looking for a nice pre-market play. Then I got dumb and greedy and bought 4 more based on similar reasons, using StocksToTrade. Forget being conservative, I used my entire tiny $1400 account. All will be pre-market moves, but I’m hoping to not blow the account up. Here we go.

Oh, the other 4 are AKTS, MDIA, ADCT, and ELAN.
Join now or log in to leave a comment

Turns out I could’ve held KTOS a bit longer, but I sold UCAR at the right time, making just over $4 a share.
Join now or log in to leave a comment

Well, made a bonehead mistake. I bought YEXT after looking at biggest gainers and higher highs on StocksToTrade. It looked to be breaking out and looked like it could spike in the morning. NOPE! Did a pre-market spike. I wasn’t able to check pre-market tod, and by the time the normal morning spike came around, YEXT tanked! However, not all was lost. I made the same sort of play on WLDS. Turns out it spiked and held before dropping later on. Overall, I made about a $14 profit. Looking for 2 morning spikes tomorrow on KTOS and UCAR.

This is carried over from my account. I way overtraded Friday, which wiped out gains I made throughout the week. I am the definition of an overtrader. It’s time to get some self-discipline. I have 4 trades coming into Tuesday. Looking to offload all of them, then study up, research, and take a small trading break to hopefully find good moves for next Friday.
Join now or log in to leave a comment