March 13 - Able to keep it green, but still need to work on clean trade. Commission kill!!

[earning picture]
Watchlist 
$MU
$DKS
$PTI
$SPEX










Strategy :
1) trade on up gap up in the first few minutes
2) Trade ABCD

$PTI [1/10]
Lesson for today. 
1) If there is no suitable stock, dont trade gap up. (UP 4% pre-market and have premarket high)
2) Do not trade on the 1st minute
A $280 lost at the beginning is definitely bad. 

I traded on both long and short.
1st trade lost 280
2nd trade , I immediately turned into Short side, and coup back 84 dollars. Making it a net $200 lost at beginning.
Well general rule, i need to avoid trading a stock that has gap up 40-50% at opening


 $MU[rating]
Chase after the spike at the opening.Get little profit. Stock was a big gain yesterday, so I am expecting small gain today. I enter seeing it going to Vwap ad thinking it is a a consolidation, but it is actually weak and going south.
At the opening, I am trying to scalp it. It was correct, and I got greedy later where I added more position. If I would get out , I might have make some money.


+62.65[283],-63.09[141]+62.84[136],-62.26[208]

 Note: Treat opening like a bonus for the day.


 $SPEX[7/10]
I saw the upside 


Started with a buy on the upswing, got in at 2.14 and out at 2.17 for a 242.81 profit because I wasn't sure the direction and it was very volatile. I bet I could get out when I saw 700 profit.
I waited for a min and see strong momentum upward while looking at level 2. I got in again at 2.3 and got out at 2.37 for a 500+ profit.

 Stock analysis
ORB Trading. While writing this blog, I saw DKS traded above ORB 30mins. I got in the trade, and 1 hour later it pop up and I got a profit of $163.
Next Day plan
RR still important and I need to know how to set it correctly. 
Trade less and be mre dicipline.
I read about ascending triangle earlier and while looking at DKS, I saw the pattern,. 
Day note 
Where is the trade style that I know that it works, I shouldn't sell all everytime. I should always Buy 1, sell twice and get out.







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