iTzTruth

Had a plan and didn't stick to it last night, was still a little cold footed. Put CALI on my watchlist and was short biased after I found the information from their SEC filling. But now its down too much to short so I'm just going to stay away from it. Still waiting on ZENO and BLTO to crack after 4-5 days green in a row. So hopefully we can see ZENO crack hard cause I think I can find some shares to short, We will just have to wait and see tonight.

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iTzTruth

So took some time over the past couple of days to slow down and study, re-watched Tim's How to make millions video and watch a couple of his newer youtube video lessons and i have started to develop a strategy that i want to test. It seems like i have been really killing myself on my last couple of trades because they are moving too fast and i am missing my entry and then just chasing to only get burned badly, but it seems that each one of them has bounce so if i can just wait for the bounce i should be much better off. We will have to wait and see.

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iTzTruth

Had a terrible day monday, for some stupid reason PRAN pushed all the way to 4 for no reason at all....... killed myself and chased the trade. Got super upset with myself because i fell into the FOMO and Chased a trade. I really need to find better trades than this.

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iTzTruth

Took the weekend to really sit down and study.... Re watched how to make millions and it really opened my eyes , made me realize a few things that i have not been doing and had me look at things from a brand new angle. Holding short PRAN over the weekend, looks like it could be a great trade because two analysts have downgraded it on friday but we will have to wait and see pre-market. Don't want this to get away from me.

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iTzTruth

Two days in a row of bad trades is making me take a step back and really focus on bigger plays, was hoping IDXG would of been a better play after seeing the massive volume premarket but after market open the price action just failed. Either way i just need to take a step back and look at my strategy.

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iTzTruth

What a day, had a great market open with $GBR , took a small gain but still wanted to keep my winning percentage high. I made a few mistakes but in the end I learned a lot. Made a plan,.... didn't really stick to it but it kept me on the right track for success.

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Tee_GO

@NickE Hey man saw you were down just over 4 grand and now in the green. Congrats, thats dedication and hard work. What helped you out from R/G in your profits?

NickE
NickE Mar 27, 17 8:11 AM

Thank you. I'm still very much in the process of learning. What helped me from R/G were a few things. Taking smaller position sizes in order to remain more comfortable in a trade helped me to keep emotions under control. I've also been doing a lot of short selling and have found that for me, I'm much better at it than going long. I've also been making watch lists each morning, and trying to have a very clear plan in place prior to taking any trades. Sticking to that plan is still something I'm w

iTzTruth
iTzTruth Mar 28, 17 7:06 AM

keep it up man, i hope i can follow in your footsteps. Im still a very new trader and have blown up a few accounts. Now im back at it and hope i can do well. Your doing great, just keep your head down and work hard

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iTzTruth

ok well im finaly set up and ready to roar for next week, kinda sad i missed the HTGM trade because i was planning to trade that if i could but .... no shares no cares. nothing i could do about it. Soon will having everything ready for a perfect trading week and remember dont get crazy, dont jump all over the place. Make a plan and stick to it and if it goes against your plan GET THE HELL OUT But for today..... Study, Study, STUDY.... i want to rewatch trader checklist and really try to apply it to my trades.

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iTzTruth

Woohoo had a great day yesterday and i am glad that plans i prepared myself for all worked out. I understand that no trades were involved so it could of gotten much worse but im just glad i was able to make a plan and have it execute the way i was prepared.

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iTzTruth

So been getting back in gear now that my week has started , and i have been starting to make watch lists of stocks i think i could trade I want to just start making these lists and seeing how they execute my trade as Tim says "Have a plan, if your plan doesn't work... GET OUT" i understand what he means because i am right now just trying to build these trades and then execute them, if the trade i am building doesn't work out i can find out why it didn't work and adapt and adjust. I just need to keep learning and begin building plans and waiting for just the right execution .... Quality over quantity.

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