Rookie Trader Journal - Queue to sell YUM at $135

Is it a good day to buy stocks?

Look at the S&P 500 hourly chart... 
  • Is the 10 SMA above the 30 EMA? 
  • Is Williams %R (3) less than -80 (oversold)? 
  • Is the ADX momentum indicator above 25? 
If one is Yes, buy! 

👉Buy

What stocks to buy?  
👉None

Which stock to sell?

👉YUM - Queue to sell at $135


Until tomorrow. 

~ The Rookie Trader 


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

Note to self:
  • 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.
  • Premarket moves are irrelevant and distracting. Stop tracking them. 
  • Sell immediately if price spikes on news.
  • Remove emotion from the equation.
  • 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.
~ May the market be with you.












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