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

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. 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...
Buy Crypto?

Footnote to self:
  • Buy Market price when I see a signal. Don't buy at a Limit price. 
  • Buy on dip from late April to early May 2021.
  • Sell in May and go away. Reinvest in November.
  • August is a particularly strong month, September is an especially bad month for stocks.
  • 10% strategy is not efficient. 5% profit is faster to reach. Hence Change to >$100 target strategy instead. 
  • Buy quickly once I identify a stock to buy.
  • Queue GTD for every buys and sells. 
  • Missed SEAC spike 3 times within a week. Dropped to negative immediately after the spike. Lesson - Queue up to sell using GTD. Forget about using alerts.
  • Premarket moves are irrelevant and distracting. Stop tracking them. 
  • Sell immediately if price spikes on news.
  • 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. 
  • Locking the profits at hand is better than risking the opposite direction.
  • How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? 
  • The best way to recover after losing money in the stock market is to invest again. 















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