March 14 - What a lucky day with +$715 in less than 30 mins


Watchlist 
b$RKDA
$SIG
$SILC
$MU








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

What a good lucky day. I happened to see ABCD pattern at RKDA and traded on it. Got freaked out a little at the beginning because the bid ask spread was so big and I entered at the price that I dont want to. What should I do to get on the right price?

$RKDA[6/10]
As usual, every morning I will have 3 stocks ready on my charts and waiting to see any opportunity.I should have only buy after 1 minute for a less riskier trade. ON 2nnd trade, I see ABCD pattern before jumping in. The 5 mins chart doesnt show the information

1) +20.47[487] , -20.5[1/2POS], -21[all out] for a total profit of $136
2) +21.46[467],-22.5[all out], profit $485.68

NOTE: I should have practicce the B1S3 style. Lets analyze my 2nd trade.
When I buy at 21.46, Stop loss should be at VWAP($1 dollar!), I should sell half when it crack above the high, let say, $23, then my new break even point will be at $22.25,then seeing how it trade, I will prob get out again it break high or close to 22.25. I could possible get out more at 23 again looking at the next 1 min. The last 25% of POS should be on Trailing stop of $0.5 from 23. I will get cut out at 22.50 there and still make a profit.
With the strategy, I will make a profit of maybe 600 instead of the current 485. Will I actually make more? IDK, but I think it's a safer strategy.
$SIG[8/10]
Wanted to go short, but I messed up my hot keys. I quickly get out for a $50 dollars lost. 
Later on , I started see it at the support. I went short at 41.13.,this is a little riskier. I also notice that I do not have a good RR. I should have short it slightly higher like 41.50. 
Anyhow, I traded, and seeing the stock has been below the VWAP for long, I feel it will go down. Set a SL at around 41.50. I got out at 40.8.
My RR for this trade is 0.37:0.33 . BAD !!! 
If I would entered at 41.5, My RR will be 0.2:0.7
NOTE : started seeing RR 
$MU[rating]


 I Short MU at 4 min when I see weakness. Got it and out for a profit of $31.23 with B1S3 startergy.
I went on short again when Andrew announcing going short and I got chop out. That is a nice RR discipline followed.
Andrew said going short but I dont feel comfortable. I forgot how but I do see an accending triangle. I should have got it when break the resistant. I did enter on the pull back but at the price that I dont want too. I think there is misunderstanding of me with Limit. Anyhow, I got lucky and caught on another uptrend. Stock make a double top and eventually come down to VWAP.

 MU was having ORB 30 break up.


Next Day plan
Let's try to have another positive day tomorrow. 
Watch both andrew and trading warrior watchlist.

 Need to set hotkeys for stop loss, and also a green color line for drawing RR before trading. :D
Day note 


What happened when stock got halted? For RKDA, it still continue going up and get halted a couple time. Do not trade these with real money until i traded more than 10 halted scenario.

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