Mar 30 Supertrend Trading Journal 2021 - PYPL MFGP SEAC

1 hour before the market opens...

How's my purchasing power today?
  • I can buy only 1 stock today. 
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
  • PLTR, TSLA, GME
Any stocks from MarketInOut.com to buy?
  • ALYA
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria? 
  • No.
Any stocks from pre-market big movers listed by CNBC?
  • I think this is not relevant anymore. 
 Any tips from TraderTV Live?
  • PayPal. Not following my rules but there is some logic about the crypto venture. But at $237.80?



Question - How to track medical biotech stocks and meme stocks?

Market opens...

Which stock in hand can I sell?
  • SEAC. Sell at $2.28? Missed.
  • MFGP. Sell at $7.93. Done.



What can I Buy from yahoo finance trending stocks?
  •  None

Where is the money moving to next?
  • Penny stocks and crypto.
See you at 3 pm closing time. 

3 pm - 1 hour before the market closes... 

Check MarketInOut.


Check my watch list.


Check market movers and related stocks.


Any medical stock to buy at the low support level?

Is there any stock I can sell?

Check Finviz screener.

Any meme stock to buy as hinted by SwaggyStocks and WSB?

Close

See you tomorrow. 

~ Rookie Trader 

PS: I would like to thank the following...

PS: What did I learn today?

What did I learn previously?
  • Check yahoo finance trending stocks. 
  • Missed the NFT STOCKS!!!!! Pay attention next time follow the trend.
  • Follow most-watched stocks on yahoo finance coz they are more volatile. 
  • I need a supertrend screener. 
  • I missed many buy signals in the travel industry. So please Monitor all related big movers every day. 
  • 3 to 4 pm is the best time to buy supertrend signals. 
  • Remove emotion from the equation.
  • Sell. Don't hold. Don't be greedy. 
  • Sell when the target is hit. Don't hold. 
  • I need a cut-loss strategy.
  • If I don't sell, I will have no capital to buy. 
  • I have a problem deciding whether to sell or hold. 
    • I should have held the stock that rose 100% times up. 
    • It's easy to buy them using a supertrend buy signal. 
    • 10% is my target but is there a way to tell it will rise higher?
    • Let's try this after hitting 10%...
      • If the price is above the next black pivot point, then hold.
      • If the price touches the next pivot point first resistance, then all the more hold.


















Comments

Popular posts from this blog

Do Traders Make More Money Than Investors

How Stock Market Software Puts You on the Same Level As Pro Traders

Exploring the Current Trends in the S&P500: Microsoft and Tesla Stand Out