Supertrend Trading Journal 2021 Mar 15 - KMB ZOM GILD UAL AEP

 1 hour before the market opens...

How's my purchasing power today?
  • I can buy 3 stocks today. 
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria? 
  • KMB. Buy at  $133.51? Ordered. Done. 

  • WMT. Buy at $134.12? Maybe not. Below pivot point. 

  • ZOM. Buy at $2.32? Ordered. Partially Done.



Any stocks from MarketInOut.com to buy?
  • None
Any stocks from pre-market big movers listed by CNBC?
  • GILD. Buy at $62.10? Ordered. Done.



 Any tips from TraderTV Live?
  • Casino stocks 
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
  • GME, AMC, PLTR
Market opens...

Which stock in hand can I sell?
  • UAL. Sell at $59.50? Ordered. Done.


What can I Buy?
  • See above.
Where is it moving next?
  • Travel
See you at 3 pm closing time. 

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

Is there any stock to buy?

Check MarketInOut.com. 

  • AMX
  • AEP - Buy at. $81.86? Done. 

Check my watch list.

  • IAG
Check market movers and related stocks.
  • Ignored. Out of funds. 
Is there any stock I can sell?
  • None
Check Finviz screener.
  • Ignored. Out of funds. 
Check SwaggyStocks and WSB.
  • Same
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?
  • I need a supertrend screener. 
  • 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. 
  • 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

Popular posts from this blog

Rookie Trader 220127 - Boring Day

How To Determine Entry Points In Stocks - Rookie Swing Trader Journal August 3, 2021

How to Day Trade With Confidence - Yahoo! Finance