Jedi Day Trading holocron

Watchlist  $TIF $ADBE $OSTK $ZSAN $AMTX shows up on scanner Strategy : 1) trade on up gap up in the first few minutes 2) Trade ABCD Let's look at the trade in first 5 mins. Today is the day where I traded the wrong side. hold it for a little too long and get out with first trade of 623.73 lost. Flip the position from short to long and make 243 on the long side. $AMTX [8/10] 8 points because over traded so many times.  Made a profit of 1.4k in long. but loose once to a bad trade. also ZSAN lost is making my day bad. NOTE: try to trade better. next time. I realize it is easier to copy and paste in my trade log. 11:37:40 AMTX S 3.01 1189 249.69 11:37:40 AMTX S 3.01 300      63.00 11:37:39 AMTX S 3.01 700    147.00 11:37:39 AMTX S 3.01 700   147.00 11:37:39 AMTX S 3.01 300   63.00 11:37:39 AMTX S 3.01 100     21.00 11:37:39 AMTX S 3.01 200    42.00 11...

Watchlist  $SQ $XNET $PTI $RKDA $AQUA $CTRP Strategy : 1) trade on up gap up in the first few minutes 2) Trade ABCD Such a bad day that i dont make improvement. I traded very risky . it's lucky that i ended up making money tho. Earning morning MU profit i think it's from yesterday position.I am trying to get more into doing the right RR. Keep working on it. $RKDA[3/10] Bad RR and bad BID ASK SPREAD.  So how do I really look for good rr? -46.97 [333], +44[all out] Profit $989.01 NOTE : Pure luck. at one point i have -2000 unrealized gain $AQUA [8/10] One of the trade I am more proud of for the day. But maybe I will need to improve more on the entry. But well I set the stop loss and profit target. Was doing long initially , but dont see it going up, so I went short. bad decision, then see myself getting cut on the way up and I covered all my position. I calm myself down and go short, setting a SL at high of the day, and profit target ...

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...

[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 wou...

Well it's monday and I ate something spicy the day earlier and my stomach was acting up right before the opening. I don't think I traded well today. Although it shows profit , but if I include commission on Suretrader, I am loosing quite a bit. 49 tickets is at least $250 commission. Again, learn about RR, and don't over-trade Watch List  $QD $MU $NPTN $ZSAN $OCLR -- saw oppurtunity $MU Again, i am trying to trade ORB in the first 1-2 minutes. I setup a few charts and trying to look for the direction and level 2. MU definitely looks good +$MU $56.73 ( 176 shares ) , - 56.88[88shares], -57.18[44], 57.3[All out] Profit - $58 I should have held the last 44 shares for a bit longer but I am still not comfortable calculating new stop loss and breakeven. I should have use the SL hotkey that i have created. I jump back on MU later on when I see ABCD pattern. I added 20% of BP when I see it is going to pop up. +$MU 57.43[100], +57.41[57], +57.4[265] ,  -5...