Apr 22 - Swing Trading Journal 2021

ANNOUNCEMENT: From today, I rename my journal from Supertrend Trading Journal to Swing Trading Journal. 

1 hour before the market opens...

How's my purchasing power today?
  • I can buy 3 stocks.
What's SwaggyStocks saying about Wallstreetbets ticker sentiment?
  • Today. MVIS TSLA GME
  • Yesterday. NFLX AAPL TSLA
Any stocks from MarketInOut.com to buy?
  • I will stop using this for supertrend. MY STRATEGY has changed. 
Are any stocks in my Yahoo Finance watchlist to buy? 
  • Biotech stocks
    • Bought all I wanted.


 Any tips from TraderTV Live?
  • Buy on dip from late April to early May 2021.
  • Wow, they are right. 

Question: How to track medical biotech stocks, meme stocks, and penny stocks?



Market opens...

Which stock in hand can I sell?
  • Bought TNXP for $0.97.  Target $1.22. Stop $0.86. 
  • Bought PULM $0.94. Target $1.06. Stop $0.79
  • Buy HOTH at $1.46? Done. Target $1.72. Stop $1.39. 

What can I buy from yahoo finance trending stocks?

What can I buy from market movers and related stocks?

Which sector is the money rotating to next?

Explore Finviz.com screener.


See you tomorrow. 

~ Rookie Trader 

PS: I would like to thank the following...

PS: What did I learn today?
  • Supertrend strategy doesn't work after an uptrend. 
  • New strategy. Resistance and support.
  • Queue GTD for every buys and sell. 
What did I learn previously?
  • 5% profit is faster to reach than 10%. Hence Change strategy. Go for $ target. Use pivot points. 
  • Buy early when I identify one stock to buy.
  • 10% strategy is not efficient. Change to $100 strategy instead. 
  • Missed SEAC spike 3 times within a week. Dripped to negative immediately after the spike. Lesson - Queue up to sell at 12%. Forget about using alerts.
  • Premarket moves are irrelevant and distracting. Stop tracking them. 
  • Buying at the market close is not a good idea. Too many premature supertrend false alarms. Stop trading from 3 to 4 pm. 
  • Sell immediately if price spikes on news.
  • Check yahoo finance trending stocks. 
  • Missed the NFT STOCKS!!!!! Pay attention next time follow the trend.
  • 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.  
  • 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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