Good day off yesterday, had a pissy attitude going into the open so I think it was wise to take off and do other things. Much more re-energized and fired up today.
Of course I could not fully stay away. I got back to the PC late afternoon and saw a spike on $VGGL into the $3.60’s so I put on a starter entry. Real small, but I assumed I’d get back and this would be in the $2’s. Ideally a spike towards $4 to add into.
Other three stocks all popped hard yesterday but are all perennial pop and drop turds. Working on my more “low stress” non warlike strategy. So I’m fine to wait till they put in a definable top. If I miss a crack so be it, but I’d like to see a clearly defined “HOD reject” type setup. I trade so much better when I can put a line and say “This is my stop.” As opposed to entering and enduring the pain with no clearly defined stop point.
Trying to come up with a better way to keep track of watches over time. Plus keep a reference to go back to. I like the way the blog keeps everything serialized, but trying to reference back to a post with a bunch of charts is inefficient for me. So for now I’m going to experiment with the google sheets method. I used to do this years ago and just kind of got out of the habit.
I also want for my own use a quick way to check the news, see the price and pull up a chart. This crude version supports those three feature requests. As a reader let me know if you find this more or less useful than a post with a basket of charts.
I’m going to start going back to old school techniques. Feel like I’ve been overtrading lately. Trading many momentum stocks for piddly profits. I hate scalping but it seems to be the rut I’ve fell into lately. Going to revert to my trading rule of 0-3 trades per day. I’m making money trading a bazillion times a day, buts its annoying and tiring.