APRIL - $1354.94 messed up 10k hotkeys and RR





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 on other stock. This is why, I should trade less and look for only good stock.
$MU
Publish an idea on tradeview for MU. I hope I can keep up with this practice and improve on my stock analysis. I took on short on my Ameritrade account. Maybe I should keep track on how well i perform hopefully it can build up my confident.'


I tried using my scalp hotkeys for 15 cents. Well, I did make money but MU value is high and 15 cents is a small move. Maybe I need to have 2 sets of hotkeys. For stock $10-$20 and $20 and above?

OK here is what i think. Maybe I should waited to long at 10 when it shows reversal? like dont trade on the first 3 mins of every candle?

Day note 
Try again on monday. need to start applying for CME Group and also going to meet up a few traders tomorrow in Pasadena. 
Well, again, how do I stop myself from loosing more than event $300?

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