Supertrend Trading Journal 2021 Mar 22 - TSLA
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?
Any stocks from MarketInOut.com to buy?
- None
Any stocks from pre-market big movers listed by CNBC?
- None
Any tips from TraderTV Live?
- None
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
- GME, TSLA, AMC
Market opens...
Which stock in hand can I sell?
- None
What can I Buy?
- No more fund
Where is the money moving to 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.
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...
- For the charts... https://finance.yahoo.com/
- For the analysis... https://tradertv.live/
- For the supertrend screener... https://www.marketinout.com/
- For the sharing... https://anchor.fm/swingtrading/
PS: What did I learn today?
What did I learn previously?
- 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.
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