LibertyBelle

Accountability post 03/14/2021-04/02/2021 I'm a few days late posting this, but better late than never! I watched most of the live webinars and all of the video lessons that were emailed to me over this time period. I'm getting a little lax on the webinars, as I have had some issues focusing for long periods of time lately. The material is very repetitive, and I find my mind wandering A LOT. I have also been watching any video lessons my mentor sent me. I am still on a pennystock trading break. I am still playing around with options and the dark pool data I have been getting from the phone app I was trying out. My month is over, and I am not renewing for now. I have been hired back to work temporarily, which will include some intense overtime with no days off, so I figure I won't be doing much trading during that time. I will be putting my trading on hold for most of April. I will review webinars, DVD's and video lessons as time permits. I finished listening to the audiobook "Hedgefund Market Wizards" by Jack Schwager. I started listening to his newest book, "Unknown Market Wizards." I am still reading "The Psychology of Trading" by Brett Steenbarger. I find that I need to read this book in small chunks and let it sink in. Lots of useful info in here that I want to retain. I am also still reading "The Great Crash" by Selwyn Parker on my Kindle. This book puts me to sleep at night, lol. I really enjoyed Stefanie Kammerman's Stock Whisperer app. As stated above, I am suspending my subscription for this month, but I plan to rejoin in May. I got a half off deal on a live trading day with Stefanie in May where I will learn how to use the info from the app more effectively. I plan on reading her book again before the class. My free month to Investor's Underground is almost done too. I think I have about a week left. I will spend the next week focusing on that chatroom. I haven't been giving it a lot of attention, since I have been playing with the Stock Whisperer app. Lots of great info included in this membership although I am not planning to purchase a membership when my time is up. I mentioned last time that I have been having issues with focusing lately. I think the stress of last year is finally making me crack a bit, so I have sought out some help getting my head back on straight. That's another reason why I think it's a good idea for me to ease off of the markets for a little while. I still feel the passion for trading, but I feel like I need to build a better mental foundation for it. I need to work on my weakest link right now.

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LibertyBelle

Accountability post 03/01/2021-03/14/2021 I watched all of the live webinars and video lessons that were emailed to me, including the ones sent by my mentor the past two weeks. I took a penny stock trading break the last two weeks, since the OTC market hasn't been so hot. I haven't been sending watchlists to my mentor. I have still been watching the market, but I have been playing around with the higher priced stocks and trading options. I am back in a losing streak again, so I am planning on going back to trading the small caps this week. I am still listening to the audiobook "Hedgefund Market Wizards" by Jack Schwager. I am almost done with this book. I am still reading "The Psychology of Trading" by Brett Steenbarger. I haven't been reading a lot, so I still have a ways to go before I finish this one. I only read a couple of chapters. I am also still reading "The Great Crash" by Selwyn Parker on my Kindle. I finished Tim Grittani's "Trading Tickers 2." I really enjoyed it, and I plan on re-watching it in the near future. There are some good strategies in there that I want to play around with. I ended up paying for a month's subscription to Stefanie Kammerman's "The Stock Whisperer" app. I have been doing trading experiments which have been mostly successful strategy-wise, but I have been making dumb newbie errors too, so have been losing still. I refuse to give up, I am just learning these lessons early on, and I am grateful for that. I won a free month of membership to the "Investor's Underground" service last week. Every Sunday, Nate Michaud does a "Sunday Scan", and he runs a contest where you enter by leaving a key takeaway in the comments. I have been exploring his service all week, and I really like how high tech the chatrooms are. There are 4 different chatrooms, MOMO, Swing, OTC, and Trader's Lounge where he livestreams all his scanners and he holds a p/m meeting each trading day. There's a lot of educational material that I have been going through too. I haven't been as focused the last two weeks. My husband has been having more health issues, and I have had to deal with hospitals and caring for him as well as making sure my daughter gets her schoolwork done. It has been a rough couple of weeks. I hope to get back on the trading horse very soon though.

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LibertyBelle

Accountability post 02/15/2021-02/28/2021 I watched all of the live webinars and videos that were emailed to me the last two weeks. I finished watching all of my mentor's videos. I went through a few of his watchlists that he posted from when he first started. It was interesting how his process has changed since then. I have made watchlists for him every day except for the day he gave us homework and Friday last week, because I couldn't find anything good to watch for the setups I have been focusing on. I have been doing well on my trades. I am slowly digging myself out of the $SLV hole that I dug for myself. I am still listening to the audiobook "Hedgefund Market Wizards" by Jack Schwager. I started working out again, so hopefully I can get this one finished soon. I have been listening to the "Steady Trade" podcast while driving around town. I am still reading "The Psychology of Trading" by Brett Steenbarger. It is a really good book so far. I am also still reading "The Great Crash" by Selwyn Parker on my Kindle. I have watched chapters 1-5 of Tim Grittani's "Trading Tickers 2." I am currently on Chapter 6 which entails his new "Day 1 Doji Strategy." The live trades are just as helpful to me as the live trades in the first one. I like this one better though, as he has tightened up his risk management. This aligns with my personality a lot more. I am glad I purchased this. I think these short strategies will help me a lot in option trades that I do on the downside. Speaking of options, I found out that Stefanie Kammerman has a free chatroom, and she gives out her whispers for free every Friday morning at 8 am in that chatroom. I have been experimenting with a few, and I plan to try her Stock Whisperer app for the next month so I can get more up to date data. I already made enough money on the trades I have made using her free whispers to justify the $19.99 cost. In my trading journal, I have been indicating which trades that I have been using her dark pool data as one of my indicators. I am closing out February as my biggest red month at -$2421.56 losses. I started the month with losses at $2723.53, so I am happy with the small improvement over the course of the month. Tomorrow, I can wipe the slate clean, and I can work towards a green month. I haven't had one of those in a while! Goals.

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StefanSchwarz13
1
StefanSchwarz13 Feb 28, 10:12 PM

Good luck this month! I had a mixed February, though am holding on to too many crappers that I've been holding onto for a swing trade, or a practice. Luckily they aren't too expensive if they truly go into the crapper. Planning to be better prepared in March and keep focused on the best plays. Best of luck to you in March! I know you're going to kill it!

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LibertyBelle

Paper Traded $AITX again today for an afternoon consolidation play Entry: $0.1782 Exit: $0.169 Shares: 7500 Loss plus commission: -$79.03 Percent gain: -5% I got in at support around 1:45pm eastern. I set my stop to 0.169, looking for continuation up to test HOD, and maybe push through to 0.19 resistance area. Not planning to hold o/n. Held okay until a little after 2pm, then dropped below my entry level. Still held until 2:30pm when it cracked and hit my stop, so got out with a small loss.

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LibertyBelle
LibertyBelle Feb 24, 5:13 PM

Should have left AITX alone after I played it in the morning. OTCs have been weak in the afternoon, and just proved it to myself, lol!

StefanSchwarz13
1
StefanSchwarz13 Feb 24, 5:14 PM

@LibertyBelle Yes, I saw Ellis' message and have been more careful. I did okay today. Was just antcy to consider buying SNDL or NAKD after hours to hold overnight. But I pulled back. I don't need to take the chance or risks. Tomorrow is another day. I started watching TimLine DVD today. My DVDs should be here on Friday, as I checked with Christine again. I'm going to have them charge my card for Lifetime Challenge next week

StefanSchwarz13
1
StefanSchwarz13 Feb 24, 5:31 PM

@LibertyBelle I figured it is time. I don't know what the future is going to be with working from home and I would rather have life or 5 years or so to watch and learn all of this stuff, so I can be successful and retire early in 7 to 8 years ideally!

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LibertyBelle

Paper Traded $AITX this morning. Entry: $0.1503 Exit: $0.1698 Shares: 7500 Profit less commission: $146.25 Percent gain: 13% I am not trading today due to change of market warnings by my mentor, but I wanted to practice anyway. I have been watching this one for a gap up. Looked like a good candidate on the daily for a bounce play. Plan was to wait until a pullback to 0.155 after gap up in the morning. Pulled back to 0.15 and settled, so got in there. Forced myself to wait through the consolidation, because I had a good entry. Got out after I saw exhaustion on the spike and right before the key whole number level. I have noticed that spikes tend to pull back at these levels, so I try to get out just before. I was happy with over 10% gain, and if it was real money, I feel like this is where I would have cut the trade.

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