Tomislav

@snowboardsky Hey, didnt wanna clutter the chat. Thanks for the advice. My picks are good 90% times but executions are bad 90% times. Working hard on my trading habits but its a tough game! :D

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YPFF
YPFF Sep 03, 17 10:37 PM

Thank you so much Steven, Every strategy you mentioned(including your EGEG trade is priceless.

wakalreyes
1
wakalreyes Sep 27, 17 12:18 AM

HELLO STEVEN YOU DOING A GREAT JOB, IM NEW ON THE GAME IM HAVING PROBEM HOW TO SABE THE STOCK ON MY WATCHLIST ON ETRADE PRO PLATFORM IS YOU KNOW HOW TO DO IT PLEASE LETS KNOW THANK

wakalreyes
wakalreyes Sep 27, 17 12:19 AM

IM MEAN HOW TO SAVE THE STOCK ON MY WACHTLIST ON ETRADE PRO THANK

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Tomislav

Not much to report today, from my watchlist I had 2 potential plays, played them both conservatively and somewhat according to plan. Still much room to improve. $34 profits today, which wouldn't be enough to cover trading fees and taxes. So far my picks have been bad, but on the safe side. Hopefully I can learn to better recognize superior plays in the day and position myself better. Today I played $OMVS and $SID. Both had really nice chart potential, but both were also lacking in volume. Didnt research them properly as well. I often feel like I'm going blindly where I otherwise wouldnt. I only have lvl1 instead of lvl2 and trade slips, would also love to see what an intraday scanner, short interest and trade count look like. :D

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Streamingmoney
Streamingmoney Nov 17, 17 2:04 PM

Do you play any Fallout games? Are you still here?

Tomislav
Tomislav Nov 17, 17 2:09 PM

Hi, still here, stopped with public journaling though, hope you found something helpful. Yeah, I played Fallout, its awesome! :)

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Tomislav

August 3rd. A sad day. My worst FOMO fears came true. First I bought into MBRX because of all my BO watchlist he was most % gain premarket. Entered perfectly with 20% (200$, passive/ agressive mode) @$2.91. Thought if spike fails, I sell half into $3 resistance and stop loss myself at a safe distance of $2.81. Resisted the first spike against $3, regaining strenght in mid-low 90's. At least a few more attempts are to be expected. Good plan, good PM prioritization, good entry point, good agression ratio considering circumstance, good position to lock something into spike, good stop limit, comfortable trading position. And in spite all that, I chicken out half @ entry price as soon as the bid touches $2.85. Ofcourse, it regained strenght and I was greedy to lock in, and ofcourse it recoiled and I chickened out the rest @ a total of $1.02 loss. But tha'ts not idiotic enough, I had to buy another $100 @ top tick od $3.03 and sell it right after at $2.93 for a $3.30 loss. Because thats how I roll yo. Luckily the resistance held and I didn't miss out any more opportunities to loose money on MBRX. I composed myself, look for other potential plays. I knew right away I wont find a big $35 winner like yesterday, but I thought I'd scope something to hit green on the day. @ 10:50AM I see LBUY from my dip list hitting new highs. I thought there'd be no resistance, but there was. Had a clumsy entrance with $200 @ $1.945. Now I was in a waiting game, but I was itching for profits. I exited the trade, saw there's nothing else worth playing and came back in, waited for a while (3hrs). @20:20PM (which is 14:20PM EST, which is 15 mins delayed on my IB account – I had to step outside for a bit, put my stop loss @$2.01 cause I knew it would fakeout for a few cents and I didnt want to get out with a loss. Came back later to find LBUY breaking out for 75-fcking-cents!! It broke de faking resistance 2-3mins after I left!!!!!! I could have had a 35% gainer, which I waited on for 3 and a half hours!!!! So happy and so angry with myself now! I enclose evidence for this miracle and an adequate image of a manly tear.

barista
1
barista Aug 04, 17 2:48 AM

very nice details for the explanation why you placed the trade. I think with your way of thinking with time and experience will take you a long way. Hang in there and good luck again

Tomislav
Tomislav Aug 04, 17 12:20 PM

Hey man, thanks for the support! I'm studying my ass off but theres still a lot to learn :)

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Tomislav

Today I again had some stupid mistakes, but I made some little learning breaktrough aswell. I've had a (20%) 200$ @ $0.85 short position on $CYTR since yesterday, held it trough today safely because I was protected by a wall of sellers @ $0.80. Sold all before close @ $0.79 for a $14.10 profit. It was a good trade but I will scratch it because today I decided to stop shorting, since this is something that I can't do before I'm well profitable, so why bother cluttering my area of focus. My other trade was a MTBC BO that I prepared to catch on MO, only to miss it because I (the idiot) chased a lead to a predictably much less likely $ASNA BO (which I (...the idiot)didnt know because I didn't research that stock).... I researched MTBC.... which I missed. And why? I think you know the answer to that question. Anyway, because $ASNA was such a shockingly bad trade, I was stunned and missed like 3-4 sniper bounce plays also. And why? I think you know the answer to that question too. Nevertheless, I didnt want this to ruin my trading day so I calmed myself and decided to stalk another opportunity Rambo style. Caught MTBC's second breakout as it was coming back from the dip strong. I locked in some nice profits along the way but I failed to protect my gains and let my winner run a bit more freely. Wielding with total 300$ (30%) of my imagined budget like an agressive samurai I managed to lock in several toupes (scalp profit) and 1 better traded meat of the move, resulting in 34.82$ profit. Both plays wound up well but I was not happy with my discipline, and I chose to stop short biased trading untill further notice. Overall 49.92$ gain on overall 500$ dollars used. Could have been A LOT better, and also I did like 7+ trades so the trading fee would probably eat my whole profit if it were not Monopoly money. Very nice progress in statistics, some lessons learned, some points taken. Looking forward to tommorow! #nodaysoff :D P.S. No pics today because my IB paper account was only 1000$ so they told me I'd be breaking PDT. Wrote down my entries and exits and only took them into consideration when the tick would come on my order number after input. Also, IB platform is 15min delay, so I dont use my browser at all during market hours.

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Joshua_196
Joshua_196 Aug 01, 17 8:27 PM

You mentioned some "guru" alerted a buy and sell on HUSA today. How do you find out about these "guru" alerts??

Lx888
Lx888 Aug 01, 17 11:48 PM

Funny, the guru and all the chaser!:) I wish students would watch and listen very closely, you give away glues. Tim Sykes, said "study the pass video lesson".

BullishBearishTrader
BullishBearishTrader May 12, 18 4:29 PM

So the lesson here is Never follow a guru, if anything short against it, specially in this case that there is ATM and you're already thinking short, So that surge of volume from guru alert is a great short entry

Willbee_Rich
Willbee_Rich Jul 01, 18 11:45 AM

Even the best can have trouble sometimes. Nice of you to show your not as good ones too. Thanks Tim.

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Tomislav

Today I lost the only trade I made MO/intraday but I couldn't be more proud of myself. :D I tried my best to follow advices given to me so I kept the list simple and my focus narrow. Of the top few potential Dumps, RETC fell the first and hardest. I tried to dip buy it half way down at signs of changing trend but it changed back very fast. By some miracle I kept my composure when I saw the lvl1 action, bought to cover really fast, 0.02c lower. I kept the thesis intact and continued to wait until a more clear bottom. Once it bottomed I bought some and sold 2hrs later into The Crow pattern few cents lower again. Today I also started using IB paper trading platform so I am making technical advances aswell. I put in a paper short of $CYTR @ $0.86 to give overnight tactics a try, the stock should follow its previous after spike pattern and gap down nicely. All in all, 5% loss today but I'll take it as a false negative :P

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Tomislav

Today I shorted $XXII at morning spike, CAPR at break down point and YUMA at break down (all planned(to an extent)). On XXII and YUMA I locked in profits at dips, then I waited on all 3 intraday. I chose to follow the plan and the chart and not let in to the need for action, also I wanted to punish myself for choosing poor volume plays. My self discipline was working good until NOVN started poking my eye with momentum and I shorted the extended breakout. I stop lossed myself and 2 cents later it turned and dropped for a whole dollar. Ofcourse, I tried to buy on sign of weakness and lost again. Lessons learned hopefully. All in all I was 10%+ green at market close and that is most that I can hope for at this moment. Appreciating the many lessons learned here and gonna try to make tommorow green again! ;)

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