Supertrend Trading Journal 2021 Feb 24

1 hour before the market opens.

Take a look at some of the biggest movers in the premarket: Lowe’s, GameStop, Square, Intuit & more... https://www.cnbc.com/2021/02/24/stocks-making-the-biggest-moves-in-the-premarket-lowes-gamestop-square-intuit-more.html

Which one meets my supertrend buy criteria?

None. 

Any stocks in my Yahoo watchlist meeting my Supertrend buy criteria? 

AAL...


How's my purchasing power today?

I can buy up to only 2 stocks. 

Queued for AAL at $20.67.
  • Missed the buy. Opened 2% higher.
  • Don't chase.
  • Miss the buy yesterday at closing too.
  • Lesson: Buy a signal at the current price, not calculated support price. 

Market opens.

Did any stocks on hand meet my Supertrend sell criteria?

BOOM!

CCL is doing well.
Should I sell or hold?


Sell! Why? Current price has hit the weekly pivot point.

SOLD at $27.50.

Check other related stocks that people are also watching. Any buy signal?

Many misses.
Lesson: Check often.

Can I spot any stock with a supertrend buy signal potential from the Finviz screener?

1 hour before the market closes.

Any stock with a buy signal?

Do a separate post.


~ Rookie Trader Journal

PS: What did I learn?
1. Buy a signal at the current price, not calculated support price. 
2. Check stocks related to good stocks that people are also watching on Yahoo Finance. 















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