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Showing posts from August, 2017

aug 29 2017 WL

aug 29 2017 WL Yesterday hi price stocks: ABEO, CBI ABEO - resistance 1.26-10.30 looking for a pull back 10.60-10.80 CBI - resistance $12.79, had previous day hi 12.41 MBRX up nice pm, just needs more volume to come in, I would see it with volume over $3 to start short, after all, touch only 2.90 and start pulling back. Made the plan didn't go were I want it, BAA 72% up. history of .74 resistance, looking to test close to .70 to start short.

Aug 28 2017 WL

Finviz scanner day before after market close. $ARWR - it is a hi float company, - cash balance could be short but needs to go parabolic 1st and bring a lot of volume in for that. PM scan: $AVEO large cap, spike .90 pm, looks like $4 had double bottom, Prefer a short into hod risk otherwise I don't see any edge. Best volume day had green run up $1. had 68m trade that day. $RTNB open low Monday,  at open looking for a bounce, volume, 30-40 and then short, vwap around that area. 2.70 area. All depends on the volume at open. TNDM

Book "Secrets of emotions" and "Trading in the zone"

If I’ve had a good day trading, it’s because I did follow my rules. as we all know, the only way to be successful in trading is to take 100% responsibility and act in our own best interest. Besides, most people do not think about missing those big moves in a realistic way. When you’ve missed an opportunity, you have a tendency to think about it unrealistically. You see the bottom and the top of the big move and think to yourself that you would have been able to capture the entire move. I think we all know that isn’t likely to happen. But our mind plays tricks on us and says we shouldn’t have missed out. Trading in the zone. Eliminating emotional risk. Think from the market perspective. 5 fundamental truth about market 1. Anything can happen 2. You don't need to know what happens next in order to make money. 3. There is a random distribution between win and losses that will define an edge 4. An edge is nothing more than an indication of the highier probabil...

Voume and time for a short

Voume and time for a short Voume and time for a short * on the 1 min chart                         *I exlpain this quickly                         *me: i found that lately                         *when voilume is 200, 200, 200, 200,                         *but cant figure                         * per minute                         *i notice that to                         *and suddenly 300                         *like in MOS                   ...

August 24 2017

August 24 2017 Today was a FOMO day, revenge day that result with a loss. My plan today was not trading to the fact that i`m out working. I still wanted to see the market open and because of that FOMO kick in and start to make a rush plan that of course didn't work. $RTNB made the plan after market open and seen the volume coming in. Pure FOMO with really bad execution. And cover the top. Small loss but there,

August 23 2017

August 23, 2017 PMs can:  $NVAX 250+m float, negative balance, not expecting a parabolic move, just watching for now.  $HMNY $BORN- 11m float, n/a cash balance, China company, catchy,  $EXPR - 433 market cap, e/r out, 90% institutions,  $RTNB was yesterday runner, got in initially with a loss, halted 1, enter after 2.68, now halt again an holding 100 thru halt

August 20 2017

Last Friday gainers Also DD $AVEO getting tired and overextended. PM scan -Seems to be a slow week start for small cap. CNIT not a big gap up but looking, CTRV will need volume in it Market open: $ARCIspike at open, lot of volume. Lots of shorts tried to find the top in there. 1.44 area seems to be critical on the long-term. Posible a start from that point. Volume is heavy on it. $VNIT start short this into 1.30 area spike after open. Want it to add more around 1.30+ and use the risk ok 1.40 area.

Tape readig notes 

Though from different websites. Tape reading to me is looking at the price and volume in relation to time. Time is a very important factor and can only really be 'felt' though experience of many hours of tape reading. For example, tape reading a possible reversal is when you see a lot of trades happening with heavy volume in a very short period of time and the price is moving quickly in one direction. When the price pauses but there is still heavy volume in a short time, it indicates to me that the reversal is about to unfold. To further tape reading that move, the price then has to reverse strongly on heavy volume without pausing. It should be that very few people were able to get a transaction at that great price. If the price pauses and everyone is able to buy at that 'great price' then that price isn't that great and instead of a reversal, it's likely a consolidation before continuing with the original trend. Tape: - show the best price a security w...

august 18 2017 Friday

August 18 2017  PM scan:  HMNY 2 days ago nice PM pop 4.29 top and then fade down lod yesterday 2.50. Today PM 3.19 area sems to be double top, will need to get volume on this and run up before anything get into a short.  RTNB 2 halts, trade it twice after move up over 2 SPEX ss 1.73 looking to fade all day into 1.50 mid area

August 15 2017

August 15 2017 HMNY looking over 4 start ss 200 shares 3.83 paid me 100 $3.40. I close my last 100 shares at 3.25. At open HMNY drop like 30 cents and said myself this neds to bounce in order to short it, i keep it open untill start to rise up into touching vwap and start ss 200 $3.83 I want it to add more into 3.90 area and risk that $4 level. Looked like 3.83 was the top and start to drop from that level. IDXG - this play was completely FOMO greed, after taking nice profit on HMNY. After enter the trade with out a complete plan realise what I done. My 1/2 plan was risk 1.07 cover 1.10 area if brakes. My PT was so offset. Totaly forgot to ask myself where do I take profits if the trade works? Is it worth it? So $0.90 was PT area but with my avg of $1.01 my risk reward was 1:1. Into close IDXG had another spike over 1.50 where i start to avg. Drop down into close reclaim vwap and cover into 1.38 area. I really wanted to see it down into close and I was confident to follow the p...

August 11 2017.  Some thoughts 

            Don't know exactly where or how to start. Got into trading back in summer 2015 after seen a few videos on Instagram and YouTube about trading and get rich quickly. From start i fall for the idea to learn and in 1 year I can be financially free. I sign up for a trading school without thinking to much. All I had in mind back them was "I wanted and I wanted now". The program I paid for was around $5600 the will offer all the education I need to make money from trading low price stocks (books, a lot of DVD's, online group webinars, 1 year chatroom access and daily videos recap). I think I start June July 2015 1st webinar very excited and motivated to make those millions. In the same time fund mynsire trader acct with $2500 as I learn from first videos i seen.              Took me almost 2 years that I need to  change my mind set and the way I see the market. Based on profit.ly website im 44% successful, I had ...

August 10 2017

August 10 2017 $RADA have a conference call 10am for e/r. I won't try short it yet. $IDXG nice resistance $1 many times didn't hold well, still, needs volume  $DRYS still on my list, looking for more push $ANTH 1.65 support Regular hr: $ANTH took ss 1.65 200 shares after 1.65 was rejected, add 200 more 1.58. Had an average 1.61 400 . took some off 1.48 and rest 1.40. Overall good trade just risky as well due to low volume.

August 8 17

PM scan: $XXII was from yesterday trade, today pm looks to push from support line 2.30 area. Will be nice a strong pop to scare early shorts and get back in to short. $CLRB small cap 22m, float 12m, biotech with news clinical results, pm spike into 2.29 now holding above vwap. Not a great chart but nice will be a short into hi 2.70. Not to many red wicks on the chart or supernova puch. $CHFS had 1 spike, nice red wick into hod 1.63 area, back in july. Will keep on watch. Still on watch: DRYS, XTNT, AVEO An old loss AVEO.  https://www.tradervue.com/trades/5795949 Market hours: Haven`t trade anything :)

August 7 2017

Aug 7, 2017 PM scan: $BIOC ss 1.80-190 area where resistance is $CLNT over 5 whatch Open: XXII ss start too early thinking of hod risk, start 2.67 covers some - shorts still in it after being in too early to short at the open. On spike to 2.84, there was a lot of covering because of hod pre market. Got full size :)) 650 shares 2.74 and cover on the way down, lest cover 2.50 area. See the chart. Conclusion: pre market high and open red candle can drive the stock hi. Given more time.

August 4 2017

August 4 2017 pm scanner: $PDLI 345m market cap, float 157m float, major resistance 2.60 area. Not my profile to get in but will watch at open bell. $MBRX trying to break $3 resistance. $DRYS still have people trading this. $tops sympathy play market open: $MTBC made some move at open, start short 1.68 add into 1.70 with 1.84 risk.

August 3 2017

August 3 2017 $MTBC $HLTH not my criteria: $FMSA, keep on radar: $BLPH 57% institutions MTBC could not locate shares. DCTH 10 cents stock not very into it TOPS under ss restriction $MICT ss in 1.28 after pop 1.35, still this consolidation I don't like it, was thinking to add around 1.35 braking hod with a risk 1.44 if I can find locates. - I was on the right track just had to given more time and stick with the plan :)

August 2 2017

5.30am  Morning scan   $AMRN e/r report, really good, expecting to run today. 4.25 resistance and 4.47 52 week hi. Huge market cap no sure if I will trade it. 995m market cap and 260m s/o $RWLK pop on scan, top resistance 2 area. 5 tick rule not a fan of it. I will eave it alone for now.  $CLSN  small mc, major rsistance to short into 2.60 area, could nice start short from 2.40 and scale in, cut loss to 2.64 if brakes, will risk 20 cents to make 40. UPDATE after market open,  I picked $CLSN for short, wanted to be over $2 in order to short, It didnt brake $2 hod and stop droping to 1.79 lod currently. Looks like that consolidation PM was not for a run. Low float, almost traded 2.8m float. No  real pop. I took $DRYS short after open pop to 1.90 area, short 1.84 but cover for a scalp 1.75. This has a lot of shorts in it and better stay away. 

Aug-1 Trades

AUGUST  2017 $SKLN pm plan, waited for open with risk of hod, start short around 2.02 area. after 10 min went dont under vwap, cover half rest will cover into low .70 also looking to add into a vwap rejection still keeping hod risk or even 2.10 area. $MBRX nice open squeeze short front side, looking for a short into 3.40 area only. Update: I did start short 3.32 area with 10 cents risk, minutes later start to drop and close 3.09. I did cover some at 3.32 thinking this can run up back hod.