Supertrend Trading Journal 2021 Mar 17 - IAG

1 hour before the market opens...

How's my purchasing power today?
  • I can buy only 1 stock today. 
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria? 
  • IAG 
Any stocks from MarketInOut.com to buy?
  • None
Any stocks from pre-market big movers listed by CNBC?
  • Ignored
 Any tips from TraderTV Live?
  • Plug power
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
  • GME, TSLA, PLTR
Market opens...

Which stock in hand can I sell?
  • RBLX

What can I Buy?
  •  IAG. Buy at $3.30? Done. 


Where is it moving next?
  • EV
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.

  • Skipped
Check market movers and related stocks.
  • None
Is there any stock I can sell?
  • None
Check Finviz screener.
  • Skipped
Check SwaggyStocks and WSB.
  • GME, PLUG, TSLA
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. 
  • 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.


















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