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Showing posts from June, 2021

Rookie Swing Trader Journal 30 Jun 2021

What stocks to buy today from my  Moomoo  watchlist? AAL (bb & rsi). Buy at $20.90 How's my purchasing power today? I can buy 3 stocks using  Moomoo .  Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout, Old Duck Head, Yahoo Finance? SOFI (kdj rsi wsb). Buy at $18.90 Any tips from TraderTV Live? Volume going in into Small-cap and meme  Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  ZOM (kdj). Bought $0.84.  How to track medical biotech stocks, meme stocks, and penny stocks... As well as any popping stock? New strategy using  Moomoo .     Started on 7 June 2021.  Scan Trade Heat list to look for 3 signals. 1st signal - Buy on KDJ Golden Crossing 2nd signal - Confirm uptrend with SAR and MA.  3rd signal - Double

Rookie Swing Trader Journal 29 Jun 2021 - What is Japanese Candlestick Doji pattern?

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What stocks to buy today from my  Moomoo  watchlist? Buy TNXP (lower BB) at $1.10 Buy PULM (kdj) at $1.00  How's my purchasing power today? I can buy 2 stocks using  Moomoo .  Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout, Old Duck Head, Yahoo Finance? None Any tips from TraderTV Live? None  Any recommendation from  https://investorplace.com/category/stock-picks/stocks-to-buy/ ? None Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  ZOM (kdj). Bought $0.84.  How to track medical biotech stocks, meme stocks, and penny stocks... As well as any popping stock? New strategy using  Moomoo .     Started on 7 June 2021.  Scan Trade Heat list to look for 3 signals. 1st signal - Buy on KDJ Golden Crossing 2nd signal - Con

Rookie Swing Trader Journal 28 Jun 2021 - How to Find Swing Stocks

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What stocks to buy today from my Moomoo watchlist? TNXP (lower BB) at $1.10 Buy PULM (kdj) at $1.00  Buy ZOM (kdj) at $0.84 DONE How's my purchasing power today? I can buy 2 stocks using  Moomoo .  Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout, Old Duck Head? None Any tips from TraderTV Live? AMD Any recommendation from  https://investorplace.com/category/stock-picks/stocks-to-buy/ ? AMD, PLUG Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  TCOM. Bought at $37.37.  CCL (Heat List). Bought $28.40.  How to track medical biotech stocks, meme stocks, and penny stocks... As well as any popping stock? New strategy using  Moomoo .     Started on 7 June 2021.  Scan Trade Heat list to look for 3 signals. 1st signal -

How To Pick Stocks For Short-term Trading | Rookie Trader Journal 25 Jun 2021

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"Managing your investments is like performing surgery on yourself. Most people don’t know how to invest, let alone when to buy and when to sell. Our expert financial analysts and editors do the heavy lifting for you, covering every facet of investing including a stock pick for retirement, monthly income-payers, marijuana stocks, and even the pink sheets. With our advice, you can live your best financial life." ~ https://investorplace.com/stock-picks/ I have been picking the wrong stocks lately. Either they go down or take a long time to go up. Time to follow what experts recommend.  Ask this tomorrow. Any recommended stock to buy from  https://investorplace.com/category/stock-picks/stocks-to-buy/ ? How's my purchasing power today? I can buy 0 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?  TNXP (lower BB) Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout, Old Duck Head? N

How to Trade Meme Stocks | Rookie Trader Journal 24 Jun 2021

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" Using metrics to detect jumps in retail activity, Goldman strategists led by John Marshall developed three trading models to take advantage of sudden spikes in demand of certain stocks... ... This pattern is where the strategists see trading opportunities. They employ three metrics to locate heavy retail activity: stock trades of less than $2,000, option trades where the number of contracts multiplied by the stock price is less than $5,000, and do-it-yourselfers’ moves using data from the Trade Reporting Facility." ~  https://www.bloomberg.com/news/articles/2021-06-12/catching-rides-on-meme-mafia-trades-may-boil-down-to-models How's my purchasing power today? I can buy 0 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?  CAT, AAL Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout, Old Duck Head? TWTR Any tips from TraderTV Live? TSLA Which stock in hand can I sell? ADVM. Bo

What is Old Duck Head in Stock Trading | Rookie Trader Journal 23 Jun 2021 - Bought CCL

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There is a section in the  Moomoo app that shows the list of stocks that have met the criteria of the old duck head.  What is the old duck head? "Once the "old duck head" form is formed, it is extremely aggressive and is the best stock selection tool for short-term investors."  https://min.news/en/economy/f672f793feeba93ae4c4a177a2c176c6.html I don't understand all the articles explaining the Old Duck Head in stock trading. They all seem to be translated from Chinese. Even the words in the charts are written in Chinese. How's my purchasing power today? I can buy 1 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?  C, LYG, OCGN, CAT BUY CCL at $28.40. Done.  Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout? AIG, CCL Any tips from TraderTV Live? Microsoft Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53.

How To Trade Bollinger Band Breakout | Rookie Trader Journal 22 Jun 2021

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Moomoo provides a list of daily Bollinger Band Breakout lists of stocks. How to trade? This video explains it all.  https://youtu.be/2G9fHBEsauE There are many ways to identify buy and sell signals from the Bollinger band, but only one excites me. The Bollinger Squeeze Breakout for that explosive price move.  Note to self: Watch this video over and over till I can read all the signals in the Bollinger Band.  I am going to combine this with KDJ... Both give different signals.  How's my purchasing power today? I can buy 1 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?   OCGN Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing? OCGN Any tips from TraderTV Live? None Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  TCOM. Bou

What is level 2 market data on MooMoo? | Rookie Trader Journal 21 Jun 2021

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MooMoo provides free access to unlimited LVL 2 market data & 24/7 instant news! What is level 2 market data? "Level 2 is a generalized term for market data that includes the scope of bid and ask prices for the given security. Also called depth of book, Level 2 includes the price book and order book, listing all price levels of quotes submitted to the exchange and individual quote." https://www.exegy.com/2019/03/level-2-market-data-what-level-supports-your-trading-strategy/ What is Level 1 vs level 2 market data? "Level 1 quotes provide basic price data for a security including the best bid and ask price + size on each side. ... Level 2 shows market depth typically up to the 5-10 best bid and offer prices." https://www.investopedia.com/terms/l/level1.asp Infographic https://stockstotrade.com/understanding-level-2-quotes-infographic/ How's my purchasing power today? I can buy 1 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?   CAT Any stock

AMC Stock Joke | Rookie Trader Journal 18 Jun 2021

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How's my purchasing power today? I can buy 1 stocks using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?   None Any stocks to add to the watch list from the  Moomoo  heat list? AAL, BIDU, CAT Any tips from TraderTV Live? Skipped Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  TCOM. Bought at $37.37.  How to track medical biotech stocks, meme stocks, and penny stocks... As well as any popping stock? New strategy using  Moomoo .     Started on 7 June 2021.  Scan Trade Heat list to look for 3 signals. 1st signal - Buy on KDJ Golden Crossing 2nd signal - Confirm uptrend with SAR and MA.  3rd signal - Double confirm with Oversold Analyses.  Sell on opposite signals.  See you tomorrow.  ~ Rookie Trader  PS: I would like to thank the following... For the charts...  https://finance.yahoo.com/ F

Market Order vs Limit Order | Rookie Trader Journal 17 Jun 2021 - Bought TCOM

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Is it better to buy market or limit? When to use which? Go with a limit order when: You want to specify your price.  You want to trade a stock with a large bid-ask spread (more than 5 cents) You’re trading a high number of shares (more than 100) Go with a market order when: You want a quick execution at any cost.  You’re trading stock with a narrow bid-ask spread (typically a penny) You’re trading only a few shares (less than 100) Source:  https://www.nerdwallet.com/article/investing/market-order-vs-limit-order How's my purchasing power today? I can buy 2 stocks using  Moomoo .  Any stocks in my Moomoo watchlist to buy?  TCOM. Bought at $37.37.  Any tips from TraderTV Live? None  Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL. Bought $125. Target $138 or cut at KDJ dead fork.  VISA. Bought $233.27. Target $256 or cut at KDJ dead fork.  How to track medical biotech stocks, meme stocks, and penny stocks..

How to use the SAR indicator | Rookie Trader Journal 16 Jun 2021 - Cut VLDR

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"The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Sometimes known as the "stop and reversal system," the parabolic SAR was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI)." https://www.investopedia.com/trading/introduction-to-parabolic-sar/ The indicator appears as a series of dots.   A dot below the price indicates a bullish signal.  A dot above the price indicates a bearish signal.  When the dots flip, a potential change in direction is underway.  When the price is trending, the SAR indicator works well.  When the price is moving sideways, the trader should expect more losses and/or small profits .  Complement the SAR trading signals by using other indicators such as a stochastic, moving average, or the ADX.  Eg. SAR sell signal is confirmed when the price is trading below a long-term moving average.  Here's how the

Is it better to buy individual stocks or ETFs | Rookie Trader Journal 14 Jun 2021

If my stock picks lose as much as it wins, then is it better to buy ETFs? "When deciding whether to pick stocks or select an ETF, look at the risk and the potential return that can be achieved. Stock-picking offers an advantage over ETFs when there is a wide dispersion of returns from the mean. And with stock-picking, you have the ability to gain an advantage using your knowledge of the industry or the stock. ETFs offer advantages over stocks in two situations. First, when the return from stocks in the sector has a narrow dispersion around the mean, an ETF might be the best choice. Second, if you are unable to gain an advantage through knowledge of the company, an ETF is your best choice." ~ https://www.investopedia.com/articles/stocks/09/buying-stock-or-etf.asp How's my purchasing power today? I can buy 0 stock using  Moomoo .  Any stocks in my Moomoo watchlist to buy?  Any tips from TraderTV Live? How to track medical biotech stocks, meme stocks, and penny stocks?  Moom