Supertrend Trading Journal 2021 Mar 10 - RBLX KOSS BUD
1 hour before the market opens...
How's my purchasing power today?
- I can buy 4 stocks today.
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria?
- None.
Any stocks from MarketInOut.com to buy?
- AMRX... MONITOR when market opens.
Any stocks from pre-market big movers listed by CNBC?
- CPB might get the buy signal shortly.
- RBLX. New stock listed today.
Any tips from TraderTV Live?
- AMC is promising.
- KOSS follows GME
- Weed stocks... Tilray
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
- GME, TSLA, AMC
Market opens...
Which stock in hand can I sell?
- DAL NRG sell at 12%
What can I Buy?
- KOSS. Meme stock. Buy at $27.90. Done.
- I broke my rule here... Touching pivot point.
- RBLX. Queued at $45. Missed. Opened 1pm at $65. Amend order to $70.5. Done.
- No supertrend here. Just a new stock.
Where is it moving next?
- Weed
See you at 3 pm closing time.
3 pm - 1 hour before the market closes...
Is there any stock to buy?
Check MarketInOut.com.
- None
Check my watch list.
- Bought RBLX. SEE ABOVE.
Check market movers and related stocks.
- Out of funds
Is there any stock I can sell?
Check Finviz screener.
- Out of funds.
Check SwaggyStocks and WSB.
- Nothing unusual. Still GME.
Close.
~ Rookie Trader Journal
PS: I would like to thank the following...
- For the charts... https://finance.yahoo.com/
- For the analysis... https://tradertv.live/
- For the supertrend screener... https://www.marketinout.com/
PS: What did I learn today?
- 3 to 4 pm is the best time to buy supertrend signals.
What did I learn previously?
- Remove emotion from the equation.
- Sell. Don't hold. Don't be greedy.
- Stock money moving away from tech to travel, bank, oil... Mar 2021.
- 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 missed many buy signals in the travel industry. So please Monitor all related big movers every day.
- 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