PocketPAT

Wow lol. CLVS panicked and bounced exactly from my targeted entry of 10.00. I was busy testing my old premarket breakout setup on BNGO for a small profit. Looking back at CLVS, after Tim mentioned the bounce, the accuracy of my targeting is uncanny. I always set my chart markers the night before or during premarket and I was looking for a $1/share profit on a panic down to key price-point $10.00. I would have gotten in with full-size on CLVS (for a $225 profit at that first true pullback near 10.50). Haven't seen a panic that beautiful in a while. There's always next time, but the bigger win is the additional confidence in my planning and execution. #BrickByBrick

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PocketPAT

lol Another $500 profit missed on GTT today. I didn’t have time to wait around for the predictable pop on acquisition and conference news, plus it was at multi-month highs for the potential breakout. Instead, I stumbled upon UWT, an ETF that’s too choppy for a long-term dip, but could provide consistent daily profits on both the long and short side overall. I made $79 on a small test trade, but had to cut profits quickly as my schedule ripped me away from the market. Nevertheless, I’m getting back to being extremely close to $300-500 per day. Each day this week has provided a near perfect play on these slower-moving, higher market cap tickers. My primary goal for the foreseeable future is to build an extensive watchlist of solid charts to buy on daily dips, long-term bounces and long-term shorts. This way, I’ll have multiple opportunities to make profits every single day, in both directions. It will simply be down to which opportunities are the best and most profitable. Super excited for 2020 =)

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PocketPAT

Had another epiphany today. I was considering killing off Daily Dips & Panics to instead trade two Long-Term (3-6 day) Multi-Month support bouncers simultaneously. It'd be slower, but safer with much bigger profits. I'd use 50% of my equity for each position, holding two positions at a time. In the end, I decided that it would be too risky to be 100% invested overnight. The potential to lose a large chunk of my account(s) isn’t worth it. Besides, my goal would be $1000 per week on each trade and AKBA ran for an $800 potential profit on Friday ALONE... For now, I’ll stick to just one Long-Term position; but after PDT, I’ll be cashing in on two-at-a-time.

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PocketPAT

Had the greatest epiphany a couple of hours ago. After clearing my watchlist, I’d realized that out of about 20 tickers: 4 were potential high volatility daily dips/panics, 5 were potential low volatility long-term run-ups and the other 11 were garbage tickers (not volatile enough and/or too choppy). Now, I have a clear picture of which of these slower-moving tickers I should be trading and how I should look to trade them. Not only that, I’ve realized that I can start trading long-term run-ups after the first green day right NOW. I’ve been tracking them all week from biggest % gainers and didn’t want to introduce them until I got over PDT, for ease of entry and exit; but I don’t need to wait. Holding overnight on tickers that have historically run up for 3-6 green days, over and over from support, will not cost me a day trade after entry. They typically run up at least $1/share til hard resistance, and move slowly so I can set a breakeven stop limit order in case it reverses while I’m not looking. $1/share on a typical position will yield me $2,000 in 3-6 days on this setup (they just take 3-6 days to complete the cycle). I can dedicate one entire account a single long-term position and still have the entire second account to trade daily dips/panics (running the long-term bounce in the background). So that’s a potential $2,000-3,000 per week. Starting this new strategy on Monday.

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PocketPAT

AKBA squeezed up 15% this morning over multi-month highs and is still holding support. Once again, it bounced EXACTLY from my targeted 5.55 entry, but I held off because I just couldn't stomach it being up SO MUCH on the overall run. I'm starting to see that these slow-movers don't play by the same rules as the quick ones. It's not an exact science and they can run for even five green days before panicking back down. I've noticed that NVAX is running as well, but today is the first green day. These tickers go on huge runs every 1-3 months, so I'm going to clear my watchlist and ONLY add big runners like these. Arguably, you can get in on the first green day at multi-month support and hold them for a couple of days up a few dollars per share. I hate that I missed this PREDICTABLE (based on support/resistance) $1/share move on AKBA (AGAIN) for what would have been an $800 profit, but I stupidly only got four hours of sleep and learned a valuable lesson about how long these can run overall. I'm building confidence in this new strategy and expanding for the long-run. Every day it's been easy $300 potential profits on these slow-movers, so I know that the money is there. Time to start taking advantage. #Execution

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PocketPAT

Missed the second entry opportunity on AKBA this morning, right at preplanned support but I was watching other tickers. Had I gotten in on the double-bottom, I could have held all day and made $450 with 900 shares. Key lesson today: start looking for double-bottoms and heavy pullbacks to support on tickers that spike instead of dipping from the open. #Friday

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PocketPAT

Missed the ideal entry on AKBA yesterday, which would have yielded a $500 profit from 4.50 to 5.00. Key lesson is to always be prepared for a potential panic, looking to key price-points if there aren't any clear support levels. Better trader tomorrow.

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PocketPAT

Been up since yesterday. Got super focused refining my strategy and making some interesting changes for almost 24 hours. Got another scratch profit this morning, but only due to a partial fill on AKBA. Predictable Morning Panic after yesterday's big run-up, but the better bounce was down at key price 4.50. I was expecting a dip, but regrouped nicely after it blew through support. Got out at the predictable initial R/G bounce fail regardless. Better to have non-stop scratch wins than losses. There weren't many ideal setups this morning and I could barely keep my eyes open. Time to get some sleep. Tomorrow will be another day and I've got plenty of studying to do =)

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PocketPAT

Four wins in a row, including mistakes. I've managed to find a way to stop bleeding my account with small loss after small loss. Not afraid of taking a small loss, but very pleased to have refined my way this far. On Saturday, I woke up excited for the market open. That is, until I'd realized what day it was. I can't wait to get over PDT. I could have conservatively made $1000 on the QD today (dip buying the first and second bounces). These tickers move so much slower, cleaner and predictably than what I've been watching all year; while still providing enough volatility for solid profits. So excited for the future, as I've seemingly reached a new level of trading =) #Strategy

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PocketPAT

Holy s***, small short squeeze on QD.... That was scary, I was thinking that they weren't possible on these mid-cap stocks with higher floats... That's the second time I considered reentering, but I'm staying disciplined: only one trade per day. *SIGH* lol I should have made more today, but I'll be a better trader tomorrow. My Silver subscription also expired yesterday. I thought it would auto-renew, but since it didn't and I can't get the discounted price right now; I've decided to switch things up. After 5000 video lessons, it's pretty redundant (albeit still valuable). I'm going to get in Roland Wolf's "Wolf Trading Plus" and complete all the video lessons and Q&A webinars from January - March. Then, I'll get in his "Wolf Pack" program, binge-watching the live trading webinars and previous boot camp seminars (I want that DVD as well). Aside from Sykes and Grittani, Roland Wolf intrigues me the most. Til January, I'll rewatch my trading DVD collection =)

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