Supertrend Trading Journal 2021 Mar 4 - GME
1 hour before the market opens...
How's my purchasing power today?
- I can buy no more stocks.
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria?
- I'm not looking.
- Wait, let's look at 3 pm.
Any stocks from MarketInOut.com to buy?
- Looked yesterday at 3 pm.
Any stocks from pre-market big movers listed by CNBC?
- Looked yesterday at 3 pm too.
Any tips from TraderTV Live?
- Always about PLTR.
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
- RKT, GME, PLTR, SKT, TSLA.
Market opens...
Which stock in hand can I sell?
- None.
Can I sell GME bought at $125?
- Nope.
Is the money still in travel stocks? Where is it moving next?
- It looks like the money is going out of all markets, including bitcoin.
See you at 3 pm closing time.
3 pm - 1 hour before the market closes...
Everything went down except GME.
Is there any stock to buy?
Check MarketInOut.com.
- None.
Check my watch list.
- None.
Check market movers and related stocks.
- None.
Is there any stock I can sell?
- None.
Check Finviz screener.
- Not checking.
Check SwaggyStocks.
- GME
Close.
~ Rookie Trader Journal
PS: What did I learn today?
- Stock money moving from tech to travel, bank, oil... Mar 2021.
- Sell when the target is hit. Don't hold.
- I need a cut-loss strategy.
What did I learn previously?
- 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.
- Quickly write the supertrend alert bot.
- 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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