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 was a struggle. I traded multiple stocks multiple times (again), I didnt put a clear enough entry strategy in place, I missed opportunities to lock in profits when I could and lost good trade opportunities. Started the day with relatively good logistic but rly bad and agressive shorting on ABEO and $GNC. Another unnecessary fail with buying $SRCI, all of which are 8$ range. Then I had a mathematical epiphany and tried trading same approach, same paper capital on >2$ stocks. Proceeded do to a couple of very gratifying trades with $AEZS, CAPR and $XCO. I exit the trading day humbled and motivated to study trough the weekend.

Tomislav
Tomislav Jul 31, 17 4:10 AM

Oi oi! Yep, Croatian. :)

barista
barista Jul 31, 17 8:59 AM

haha cool :) good luck with penny stocks I'll be following you till you make million :)) I cant trade atm just bought into a new business so it will take me a while to get my feet back on the ground. In the meantime I wanna learn about it. It's a good thing your're paper trading just be patient and keep studying and remember cut your loses early and let your winners ride ;)

Tomislav
Tomislav Jul 31, 17 10:33 AM

hehe, thanks for the support! I'm going at it all determined and methodical, hopefully the hard work will pay out eventualy. ^^

Tomislav
Tomislav Jul 31, 17 10:34 AM

Good luck to you too with your new business!

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Received 44 Karmas
Zaleucus
Zaleucus Feb 23, 17 9:40 AM

Most excellent Dux, I aspire to do what you are doing

tptnyc
tptnyc Feb 25, 17 1:43 PM

On Friday 02/24 OWCP and CNBX both bounced at close. So what it indicates for Monday 02/27 go higher open or lower?

Butterflygirl
Butterflygirl Jun 15, 17 4:24 PM

I look forward to your next video. Thank you for sharing and WELL DONE :)

barista
barista Jun 16, 17 6:41 AM

your my inspiration, congratulations champ

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