verizonwired

Did some introspection on why im losing/trading incorrectly. I'm realizing im still swinging for the fences. You dont win games if everyone is trying to home run, you win them by filling the bases. Going through the bootcamp right now and day 3 Tim is right, you have to reach that point where you realize its not large gains but getting it inch by inch. I've always been ok with that but it hasnt really hit me until now. This is a process, just stick with it

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verizonwired

I fucking told myself not to play today. Thought I saw the set up as a break out again, it was a morning spike to catch momentum. Momentum buying, dumbass

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verizonwired

I will be practicing my formulas and the SSS every day now. I will have, by market close, Tim's watchlist calculated for the SSS and what my personal entry and exit points would be. Then I will read the chart and see where I should have made those plays

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verizonwired

Like they say, you build your money account to end up draining it to build your experience account, to build your money, and so on. Definitely good experience these last 2 week. I had some home runs gains on TSLA, and then squandered half of them. I'm still on top of this sweet then bitter situation. I can now afford STT, a small trading account, and keep some saving. So while I feel down about this failed ass trade, My actual goal was met.

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verizonwired

Was trying to play off the support of 2.20. I should have waited to see which way it would break, especially with resistance at 2.3 after failing the 2.50. The reason I took this trade is because I wanted to have a stake in it and feel the emotions behind trading. My plan was to risk the 38$ I just won as a way of not really eating into my account. I lost an extra 5$ because of the added position size. When I went in the first time I knew I had failed to take the meat of the move. I was at about 10% gains and thinking I need to hit the 20% otherwise I'm scalping. Then it dropped, I got scared out and it rose back up. I decided that I need to practice risking off of a set amount to take out the emotion of it. Setting my risk to the profits I just earned helped that alot.

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verizonwired

I keep saying it. I know its not a penny stock. I am fortunate enough to have a little more in my account from saving so I can play this. $TSLA is very volatile and is liquid, it is almost playing like a penny stock. The only difference is I feel I can hold this over night safely while a penny stock I wouldnt. With all the news and pending split, I feel this is a safer bet than most at the moment, I could be wrong. I enters in at 1713.98 after making $2k off of it last week. I find my self hearing Tim G's voice in my heard saying moving risk up, what am I comfortable with, higher highs, higher lows, etc. I waited for this new break out to play out to see what end it was on and then I got back in. Practicing all this is making me more comfortable with everything. I now more than ever want to rewatch the DVD and retake all my notes from scratch.

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verizonwired

Almost bought $SALM . As I was typing in my limit and it asked for quantity. I immediately stopped and reminded myself, yes you have been studying, but you didn't make a game plan for this stock. Don't FOMO yourself in. Glad I didn't win or lose.

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verizonwired

Not an excuse, just to let my self know where I was when I was there. Life has been hectic with the house and the mold with my newborn. They having the newborn while staying at the parents'. Then getting forced back into my home mid construction. Today me and my family fully move back into the house. Mind my self that there is still construction going on. Trading and studying has been hard while all this is going on. Finally back in my house provides me a work space to be able to focus appropriately instead of doing watching DVDs and studying in on a bed. Still hard studying with everything going onand the baby. Remember its a matharon. Geez... Marathong ... MARATHON. Got it. Not deleting my typos. Ive been watching trading tickets for a month. Parts have been re watched a few times. Just finally getting to the live trading webinar. I won't lie. I skipped the short selling stuff. That scares me right now. Ive also been reading the book. I know based on my work schedule Monday Trading may be Ideal, every other day may have to be looking for the afternoon spikes from a break out and hopefully over night into a gap up and morning spike and then delete my position for a gain. I believe that strategy will have to become my bread and butter until This can become my full time gig. Just need to get through all the studies atleast once. Re watch it all fined tuned to the strategy I think may work for me. Research past patterns that this worked for and then maybe I can finally start trading again.

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verizonwired

This is a note to myself knowing that I can find it on profitly. Was watching the recent webinar and it dawned on me that it may be a good idea for me to look into dip buying based on the drop hitting support as the bottom. If it goes past support we'll wait until it rises back up above support. Watching to see if support becomes resistance if not maybe potential dip by. Look into this.

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