Supertrend Trading Journal 2021 Mar 5 - Friday! CVX!

1 hour before the market opens...

How's my purchasing power today?
  • I can buy no more stocks. Need to sell some. 
Are any stocks in my Yahoo Finance watchlist meeting my Supertrend buy criteria? 
  • Checked yesterday at 3 pm. None. 
Any stocks from MarketInOut.com to buy?
  • Looked yesterday at 3 pm. None.
Any stocks from pre-market big movers listed by CNBC?
  • None. 
 Any tips from TraderTV Live?
  • Big name stable stocks like Pfizer won't move so much even if business is good compared with small companies. 
  • Interest in XOM. 
  • Bitcoin moves in the same direction as NASDAQ. 
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
  • GME, TSLA, PLTR
Market opens...

Which stock in hand can I sell?
  • CVX? GME?
Can I sell GME bought at $125?
  • Hold till it goes to the moon... WSB.
Is the money still in travel stocks? Where is it moving next?
  • Moving from airlines to oil. 
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.

  • None. 
Check market movers and related stocks.
  • None. 
Is there any stock I can sell?
  • AIG, GME
  • CVX. Sold at $108.90. 10% Target hit. Second daily resistance hit. 


Check Finviz screener.
  • None. 
Check SwaggyStocks and WSB.
  • PRPL... Nope. 
Close. 

~ Rookie Trader Journal

PS: What did I learn today?
  • Sell. Don't hold. Don't be greedy. 

What did I learn previously?

  • 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.


















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