Jedi Day Trading holocron

WATCH LSIT $AA $HAS $AKRX $MDR Going live is harder than I thought especially when doing a wrong trade. I feel nervous and cant think properly Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $CBI I traded on the first few minutes for a quick scalp. I saw it couldn't make a higher high and shorted it. I should have taken a bigger size. I know my stop loss is at $13.48 and targeting below the VWAP. Average Cost $13.39 SL $13.48 - couldn't make a new high TP 12.8 RRR   6.77 = 0.09:0.61 Note: Should have taken larger size in the future $SKX Chased the short and lost 33 on it. Went Long and it got reversed, Loose 100 on that side. Average Cost $29.59 SL $29.5- previous candle high TP 29.82 - VWAP RRR   2.55 = 0.09:0.23 Note: I thought of it as engulfing but it is not. $AA Failed reversal to VWAP. I shou...

Watchlist $NUE $VTVT It has been a horrible week for me. Have 2 big red day with more than -2000 lost. I have so much doubt myself. Well thank god, and I am still on sim account. I just applied for CME group and I am waiting for approval. It seems like Suretrader has a promotion too. Maybe I should have go with them since they have more shortable stocks? Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $SIEN Dont have a good entry and exit That exit is horrible. I should have try to exit on a doji. Average Cost SL TP RRR   Note:  $VTVT Big lost on long and short due to wrong timing.I am not good at chasing the stock and I need to stop doing that but I do think I am very good at shorting. Note for improvement

Watchlist $KONE $LEDS $MU Going live soon and I need a strategy that I am familiar with to consistently making money Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $KONE Took on the short position when I see price crossing below VWAP. hestitated a little bit because I couldn't find a good SL. I should practice my rule that if I cant find good SL, dont trade. Average Cost Around $8.3 SL $8.9 TP 7.4 RRR   2.5= 0.6:1.5 Note: Lucky to make money but not a good trade because I didn't find get to define a good SL when entering. Note for improvement $LEDS Hotkey mistake at the beginning which luckily turned out to be ok. Up 100 on that but the 2nd trade made me lose nearly 400.quickly turn from long to short at 9:43am.  Took 1000 shares. I have violate my own SL rules again. The entry is bad. On STO, the 1 min is a bad entry loca...

Watchlist $MU $PAY $WATT $CUR $CHFS Clearly I know that I should trading only the setup I am looking for right now. I think i dd a good job at the morning. If I would have taken the profit on CUR, I wouldnt have traded so many later and lose things up. Overall, I think I am slightly better at this. Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $KONE Starting with KONE, this is exactly the stock that i would like to trade. Gapping up for multiple time, and aim for candle close below the VWAP. I did not took a good entry because I was away but thank god i am still making some money here. Average Cost 1) 9.44 2) 7.89 3) 7.8 SL TP RRR   Note: I didnt think so much at that time. Note for improvement $CUR Everything just wasnt right on CUR. got stop  up a multiple time. I should have just stop trading this stock. Average Cost SL TP R...

Watchlist 1)TRPX 2)VSTM 3)YNDX 4)FB 5)MU 6)ACAD 7)MRK Today doesn't seems to be like a good day for quite a lot of traders. I was down amost $200 plus initially but able to trade the way back to -20 Strategy : 1) trade on up gap down after popping up 2) Short weak stock 3) Trade ABCD 4) Reversal for short squeeze $ACAD I wasn't paying attention to this stock in the morning until 12pm. My intuition tells me that it will fall lower based on the trend.( Failed engulfing pattern and stock trend slightly lower after that) I took the trade because Stochastic is showing bearish and might fall lower. SL I was trying to find a SL but not sure where is a good SL. Looking at it now, $16.50 might be a good SL since I shorted at $16.31. The target price is around low of the day which I set to cover at $16.05.   RRR   1.36  = 19 cents risk for 26 cents reward. Stock did go lower and i could potentially making more.  Note: I should wo...

Watchlist  $SEND $LIFN $OGEN $MU First day trading on 10k account. It get quite messy since I am still not about to gauge the RR. Is 10, 20, 25 % too big for a 10k account? Another thing I have such big lost is that I was trying my scalping hotkeys. The stop lost I set was wrong resulting I keep getting stop out on my lower SL. Also, I was trading OGEN which is a low float stock. A 20 cents is almost a 10% move and I take on a 7k position. I probably need to plan out my 10k account strategy. One of the strategy I think i am going to do is only short after 30 mins in the account or after a crazy run up and fall below VWAP. Strategy : 1) trade on up gap up or down in the first few minutes 2) Trade ABCD $OGEN Let's analyze this chart. A good short entry might be a pull back  after stock fall below the VWAP. But then even If i am looking at it right now, I couldnt find a good SL location. I remember I was trying to get in but my BP is ...