Day 94: Caught in a Halt :(

 I learned my lesson today about many, many things:

1--When sitting at the orthodontist waiting, don't buy any stocks.  Stocks are to be purchased at home only in front of a minimum of 2 screens.

2--When you have a work meeting and stock is showing weakness, go ahead and sell then---especially when you shouldn't have bought it in the first place.

3--When Ross says don't buy amex stocks because they can get caught up in long halts, believe him.

Ticker:  UUU

Float:  2.07m

News:  No news but had good earnings last week, and it has been moving up over a few days

Price Bought:  $8.50

Price Sold:  $6.64

Loss:  $186, 21.9%

Total Balance:  $1,064.88

Got caught in a news pending halt for over an hour.  I was just going in to sell it at $7.10/share when it halted.  I kept trying to enter my sell order, and it wouldn't let me.  What was the news?  NO NEWS!  The exchange asked for the company to comment on the recent volume and stock price rise.  Do you know what the company said?  We have no news.  Grrrr....bad thing is that before I bought it Ross posted on the chat room that amex stocks have a history of being halted for no reason when they are moving up.  I was doing all of this while waiting at the orthodontist.  I took my laptop to run a work report while waiting, so I decided to go ahead and do a little day trading.  UUU was the second leading gapper, has a very low float, and did have good earnings last week.  I thought it was a winner...I was wrong.  Never, ever trade while waiting around somewhere because then I had to drop off at school, drive home, and get on a work meeting.   I didn't have time to stay on top of the price.  Lessons learned!  

Day 93: RGC for the Win

 A great trade today!  But, it wasn't perfect because I hesitated in buying and ended up chasing for a hot minute.  I could have lost big, so I don't plan on doing this setup very often. 

Ticker:  RGC

News:  No specific news.  It has been a multiday runner of giving big wins with big flushes

Float:  2.3M

Price Bought:  $31.94

Price Sold:  $35.00

Profit:  $122.40, 9.6%

Total Balance:  $1,250.88

RGC was the biggest gapper and had the  most attention. The morning was very slow with no great news overall.  I thought about buying at $24 but didn't because the volume was low. When it started moving, it moved rapidly.  Because of the large moves, I decided to jump in.  A very risky move on my part when I should have been more cautious.  I decided to set my price target as $35 as it seemed to be moving to whole dollars pretty fast.  At open, it halted and I got out with a great trade.  Now, it is halted again around $39, but I'm happy with my trade and can work on my FOMO.  Nice to be done right after bell.  Can't wait until I can build my account and trade a little more frequently.  Of course, one trade a day is definitely the safest way!

 

 

Day 92: Instincts are Kicking in!

 I am very happy with Day 92!  I didn't have a grand slam winner, but I correctly saw when I needed to bail out.  It felt so good to feel my instincts kick in and tell me what to do.  I so often ignore them and keep waiting, but this time they saved me.

Ticker:  BPTH

News:  FDA approved phase 1 trial for cancer drug

Float:  6.93M

Price Bought:  $7.82

Price Sold:  $8.21

Gain:  $49.53, 5.0%

Balance:  $1,128.48

BPTH was the leading gapper and also had a small float with news.  Winner, winner chicken dinner.  It was the obvious choice to purchase, so I got it on the first 5 minute candle to make a new high.  Ross was not going to trade it as it has a history of flushing fast.  I've also noticed that phase 1 trial approvals really aren't a super great catalyst.  I decided to jump on thinking it would get to $8.50 and set that as my price target.  As we moved towards bell, it started breaking out but wasn't pushing past $8.30.  When it seemed to be moving slowly, I decided to bail before the bell. If something has a lot of momentum it will typically start moving pretty fast around 9:28.  I am so glad I got out as it did flush.  It did make a move around 9:45 and I maybe could have sold for $8.50, but it immediately flushed from there.  If I can have consistent days like this, I'll become a very profitable trader :)

Back to Writing-Day 91

 It's been a while since I posted!  I've been bobbling around $1,000 in my trading account for a good bit of the summer.  I took about 3 weeks off from trading while I did my training with Warrior Trading.  It is very extensive and takes forever to do. I'm still not completely done because I usually watch Ross for 1-2 hours each day during his live trading, so my attention span is very low to continue watching the training.

However, I do feel like I can read charts much better now and have a little bit better intuition on which stocks to chose.  I'm still having to deal with waiting for my funds to settle, so I can only do one trade per day.  And, I still struggle with bailing out fast enough.  So, my wins are getting more consistent, but my losses are too large and offsetting my good days.  I also continue to want to swing for the fences rather than take boring base hits.  But, I have taken some boring trades and then watched the stock go absolutely parabolic without me.  But, overall, I'm getting better and very much enjoying the experience of trading.  

So, on to day 91:

I am now able to use the Warrior Trading scanners which is very helpful!  The primary strategy is still Premarket gappers.  Basically, one of the top 5 will give a good run...Just a matter of which one to pick.  The lowest stock floats always have the best movement, and news is still the best catalyst. 

Ticker:  VVOS

Float:  17.87m

Price Bought:  $6.05

Price Sold:  $6.50

News:  FDA approval of a sleep apnea treatment

Profit:  $73.80, 7.4%

Total Balance:  $1,078.95

Notes:  This ticker was really the only one interesting in premarket which gave it a lot of momentum.  I wanted to hold it to go parabolic, but it bobbled at open and I bailed out at $6.50.  That was a good move because then it did come down further, but as I write this blog, it is currently in another move up.  Dealing with FOMO is real, but I'm getting a little better at it.  7.4% is nothing to sneeze at and it lets me trade tomorrow with a little more money.  Never a bad thing!

TD 45-51: Steady Gains, Learning lots!

 I must admit that I really enjoy momentum trading.  I'm very happy that gamestop opened my eyes to this wonderful world of candlesticks.

I got sidetracked on my blogging again, but I have been making steady gains.  I'm still fighting with the psychology of wanting to hold out for the giant gains.  That has led to extreme frustration when I don't close out trades until the afternoon.  That's the main reason I haven't blogged.  I hate closing out trades in the afternoon after watching it go sideways all morning.  I know the solution to this is to just cash out after a nice 3% gain.  There is no reason to wait for more.

Here is my summary with more detail on today's trade:

Day 45:  NMRD, 3.4% gain

Day 46:  LEDS, 10% gain

Day 47:  PLTR, 2% gain, SQBG, 3.2% gain

Day 48:  EYES, 4.8% gain

Day 49:  AMC, 4.7% gain (a great trade on a red day)

Day 50:  PLUG, 0.2% gain....that's when I really learned about getting out early.  But, at least I didn't lose!

Day 51:

Ticker:  DBGI

Price Bought:  $4.45

Price Sold:  $4.60

Example of I could have been in and out in about 15-20 minutes.  Instead I held on hoping it would start running.  I watched and watched.  It didn't make any huge moves, so I went ahead and sold for 3.4% gain.  It seemed to be slowing down which doesn't bode well for market open. It might still run, but I'm glad to not be watching it all day.  It was a new IPO from Friday, so it was hard to tell what it was going to do.  

Balance of my $100:  $552.15, 8.9% average daily gain

TD 40-44: Ho Hum finally became EXCITING!

 I haven't been blogging lately as I've been trading sort of late into the day which is a very bad decision for me.  I do much better when I trade early and get done.  If I pick a stinker and have to follow it all day to see when to get out, it makes me very frustrated--even if I end up with a gain.

I'll give a summary of Days 40-43 and then share my excitement of a big win on day 44.

Day 40:  

    Traded:  OCGN, 5.2% gain and BNGO, a 9.9% gain

    Notes:  OCGN went sideways on me--I have traded it a few times, it's a covid vaccine play.  I was finally able to get out at a decent gain, but it skyrocketed right after I sold.  I don't even remember trading BNGO at all...ha!

Day 41:  

    Traded:  ALDX, 5.6% gain

    Notes:  Easy momentum trade from premarket

Day 42:  

    Traded:  METX, 5.8% gain  

    Notes:  A Good trade all around.  Found momentum and took it for a swing up in about 15 minutes.

Day 43:

    Traded:  VXRT, 5.8% gain and BTX, 8.8% loss 

    Notes:  VXRT was a great premarket trade.  It and out before 8:30am.  Got cocky and decided to do BTX which had a huge run the day before.  It went sideways and I had to watch it all day.  I finally decided to take the loss because I had to take H to voice lessons. The very moment I sold it, it went way up and I could have sold for a huge gain.  Lesson learned?  Get one good trade for the day and stop.  Don't get greedy

Day 44:

My best trading day yet!!  I started premarket and picked the one stock that had volume, was above VWAP, and had good news. It took a hot minute for that choice to become obvious.  I have learned that the sure things are most likely to be trading above VWAP.  Every now and again, you can find a stock on its way back to VWAP but waiting until it is above is more of a sure thing. By waiting, I did leave some gains on the table, but I have been burned by not making sure that the VWAP will be honored on the 5 minute candles.  I have also noticed that when there is going to be a red market day the herd will really latch on to the best premarket mover because they want their gains one way or another.

I made 2 different trades because of the issue with cash settlement.  I had to buy some on etrade and some on Ameritrade.  Because of the timing, I got to average down my cost per shares.  I felt very good that I would be able to get out at least a 5% gain based on the sentiment on my stocktwits app. People are hot and heavy on this stock, so I knew the volume would continue when the market opened.  The company is a healthcare company that has a covid self test going live on Amazon.  

Because I had 2 different trades, I set my limit at different.  With my bigger lot, I decided to get out at a lower price.  I took more of a risk with the smaller lot.  The market opened, and it was hot, hot, hot.  It halted twice!  That hasn't happened with one of my picks before.  Halts can be dangerous so I got out after the 2nd halt.  The stock is now going sideways, but I think it is still a viable trade and will rally back in the afternoon.  But, I'm glad to be out and not having to watch it all day long!

I am happy to report that I do feel like I am learning viable stock trading skills.  I'm glad to be learning in a really choppy market instead of the bull market of the past year.  I'm still learning how to exit a bad position which I believe is the most critical part of success.  Minimizing losses is key.  I get into the most trouble when I get greedy--that has been true since day one.  

Summary of Day 44:

Ticker:  PRPO

Price bought:  $6.80 and $6.35

Price sold:  $7.95 and $8.95

Gains:  16.9% and 40.9%

Total of my $100:  $448.16, a 7.9% daily average gain

TD39: Love to be a Winner

 2 good trades today.  Well, one good one and one lucky one.

Decided to jump in on 2 trending stocks, OCGN and MVIS.  I knew I had a winner with MVIS based on the chart.  OCGN was a little more iffy but fortunately had a pop.

OCGN:  6.8% gain

MVIS:  9.0% gain

Total of my $100 is $276.14, a 4.5% average daily gain.

I'll take it. I need to get back to more thoughtful blog posts.  That's my goal for next week.  I also need to watch videos on how to use Thinkorswim on TD Ameritrade.  I used my TDA account to trade this week, but I didn't use thinkorswim.  I'm still using trading view for my main analysis tools.  It's time to get more savvy.  I need more charts pulled up at the same time.  That's the key to being a pro trader...lots and lots of screens.  

TD38: Busy Day

 I made 4 trades today which is a record for me and something I don't like to do generally.

Yesterday afternoon, I decided to buy VIAC and NNDM.  Both were getting a lot of hype and moving well.  It seemed like they would move higher in the morning, so I went for it.

VIAC:  I made 6.8%

NNDM:  I made 2.0%--it started going sideways in the morning, so I jumped out for a small gain

I decided to buy SKLZ as it was the biggest premarket gainer and was having some great movement.  I turned on Warrior Trading live stream (last one for the summer...boo), and he didn't like it because it had a large float.  I decided to look for an exit quickly and get out.  So, I got a 2.9% gain.

I got excited while watching Warrior Trading this morning.  He streams his entire trading day on Thursdays because he donates everything to charity.  BTX halted, and he jumped in, so I decided to as well. Bad idea!  He is a great trader, but I can't keep up with him as he can trade very quickly.  I bought after the halt and had a loss all day.  I decided to get out for a small 1.3% loss this afternoon when it moved up a bit.  Of course, as soon as I sold it, it jumped up and I would have had a huge gain.  Oh, well.  I'm glad to be out since I watched it in sadness almost all day.

Yay!  Just saw I didn't sell all of my BTX.  I had the wrong quantity.  I sold 11 at a loss for 1.3%, but I sold 7 at a 14.7% profit!

Also, found a mistake on my tracking spreadsheet.  Not sure how it happened, but it is fixed now.

My $100 is now at $239.04, a 3.7% average daily rate.

The market is very choppy these days.  I'm hoping for better trading ahead.

TD 34-37 I'm back!

 The last few weeks have been hectic and hard to trade.  

I only made a few trades while at the beach and then got distracted last week with the trip to Atlanta.

I'll just summarize today and make a better update tomorrow.

My $100 is now at $224.01

On TD 34, I traded ATNF.

TD 35:  VTVT

TD36:  YVR and FSR

TD37 (today):  OCGN

I'm at a average daily gain of 3.4%.  

I've also gone heavy into crypto and have had some wins and losses.  I finally was able to buy Safemoon yesterday, but it's down now.  So sad!

TD33: Learning how to bow out gracefully

 I made 2 trades today which I don't usually do, but I was inspired by Warrior Trading.

I decided to purchase RMO this morning.  It had good news, had a big premarket change, and looked good to me.  I bought it, and it didn't move much.  Should have accounted for volume which is the third ingredient necessary for a good premarket mover.  

Fortunately, I have finally learned when to exit a bad trade.  As soon as the price hits the VWAP, I know to get out.  Don't wait around hoping for a big reversal.  VWAP and slap it out.

So, I lost 1.7% on RMO.  I was watching Warrior Trading live stream, and he purchased another big premarket gainer, SJ.  He was explaining his criteria and the technical indicators, so I decided to jump in as well.  He's big on the first 5 minute candle to make a new high, followed by a pullback on the 1 minute candle as long as everything is above VWAP.  He calls that a bull flag breakout.  

Anyway, I bought at a decent entry and when the bull flag breakout was false, I sold before it came down to my entry.  In and out.  Basically, he sets the next target that the stock should break, and if it doesn't break, then get out immediately.  So, I made a 1.4% gain on SJ.

All in all a 0.3% loss, but so glad to see how to exit a loser at a good point before I lose my shirt.

Ticker:  RMO

Price Bought:  $9.06

Price Sold:  $8.90

Loss:  1.7%

Ticker:  SJ

Price Bought:  $14.60

Price Sold:  $14.80

Gain:  1.4%

Overall Balance of my $100:  $162.29, a 1.9% average daily gain

TD32: Good Trade in PreMarket

Made my first trade at the beach, and it was a good one.  Now, I can enjoy my day being done at 8:10 am central time.

  TICKER:  CEMI

Price Bought:  $5.25

Price Sold:  $5.70

Gain:  8.6%

Total of $100:  $162.81, a 2.0% average daily gain

This stock was good because the news catalyst was that the company got emergency use authorization for a covid test that also tests for flu.  It was the highest volume premarket with the largest gain.  I would have held on with it until the bell to try to get to $6.00, but my favorite trader started live streaming and said he thought it was "thickly traded" based on the level 2 charts that I don't have access to.  So, I decided to go ahead and get out since I was already at a very respectable gain.

TD 30 and 31: Making progress

So glad to be done trading for the week.  The market is closed tomorrow for Good Friday.  

I did a couple of decent trades yesterday, but they left me sweating a bit.  I, again, decided to do multiple trades which does not make for an easy day.  I was glad they both paid off, but as usual, I promise myself that I will stick to one trade going forward.

3/31:

Ticker:  RKDA, 3.0% gain

Ticker:  SVRA, 5.0% gain

I'm sticking with the strategy of going with the premarket gainers.  They tend to move nicely as at each half hour new traders start and see them on their scanners.  I'm getting lazy with my due diligence, though, which makes for a bit of stress when things go sideways, and I'm not sure if I should get out or stick with it.  Sometimes a big mover starts losing off if the news they were triggered on was not enough to keep the momentum.  

4/1: 

Ticker:  JAGX, 5.0% gain

I was so relieved with my trade this morning.  I looked at the top 3 premarket movers around 7am.  JAGX was the only one trading above its VWAP which is a good sign.  I had to take the kids to school, so I bought it around 7:10am. Because I couldn't watch it closely, I set a sell at a reasonable limit.  Halfway through the school dropoffs, my sell order went through.  It is so nice to be done for the day by 7:45am.  I'm so tempted to make another trade, but I'm holding back because I have other things to do today besides staring at a computer screen.

Total of my $100:  $145.71, a 1.5% average daily rate

I am hoping to get a few trades in while on vacation.  We tend to be quite lazy in the mornings, so it might be nice to sit on the deck and watch some tickers.  I also need to start educating myself on the TD Ameritrade analysis tools, so I can start using it instead of etrade.  It will be very beneficial to have a 5 minute chart and a 1 minute chart up at the same time.  My favorite trader always starts his trades when the first 5 minute candle has made a new high, and the 1 minute candle has a pullback.  

In other news, I bought my first cryptokitty.  He's super cute and completely worthless.  I thought I could breed him, but the ethereum network is completely bogged down, and it would cost $5k just to get on the network.  Grrr....I really wanted some cute kitties.  

TD29: Decent Trade

 So happy to only trade one stock today and be done by 9:35am.  Of course, I could have been done at 8:40am if I had not revised my sell limit to higher.  Still can't learn the lesson of not getting a big gain.

Ticker:  CSCW

Bought because it was the biggest gainer on the morning screener, and it had news that they were going to start doing NFTs.  Those kinds of stocks have been moving fast and furious with the NFT craze. 

Price Bought:  $2.19/share

Price Sold:  $2.50/share (originally I set my sell limit at $2.40)

Gain: 14.2%

Balance of $100:  $128.50, a 1.0% average daily gain

TD 26-28 Back at the Grind

 I'm back!!

I found trading to be very difficult at my mother's house last week.  I wasn't able to properly analyze and stay close to my computer to check prices.

I did trade Monday and Tuesday before I gave up, at a net 25% loss.  Back to formula again.

Day 28 has been much better.  I'm back at my usual routine and getting to spend time with the numbers again.

I made 3 trades today.  I'm using a terrible strategy of picking 3 of the big premarket movers and seeing which one pays off.  This really isn't technical or good, and it ends today.  If I want to be a successful day trader, I need to know the indicators and use only them.  I'm still always so hopeful for the "runner."  It is amazingly satisfying when you get one, but that's not the point of day trading.  I keep telling myself Small wins.  If I just average a 3% gain per day, my $100 will turn into $40k by the end of the year.  That's not bad.  It is much better than going for a big hit and ending up with a big loss.

Of course, I've written all of this before and after 28 trading days I still haven't learned it.  There's always tomorrow....

Tickers purchased today:

UPC, 7.1% gain

HGEN, 5.4% gain

SEAC, 7.1% gain.

All in all my $94.73 I started with today ended at $112.69, a 19% gain.  

My $100 is now $112.69, a 12.7% gain, a 0.5% daily average gain.

TD 25: Got some Runners

 I wasn't planning on trading today since I did a lot of stressful trading yesterday.

But, I decided to jump in on a couple that were quickly moving.  Today, it paid off.

I made 1.8% on EYES, just a quick in and out.

Then, I purchased the top 2 morning gainers to see which one would take off. I'm finding that usually one of the top premarket gainers usually takes off, and the other fizzle to a slow death.  To diversify risk, I bought the top 2 to see what would happen.

Fortunately, they both took off running after the bell, and I was able to make quick profits on both.

ZKIN:  a 9.3% gain and CLVS: a 8.3% gain.

I'm slowly digging out of my bad trading hole.  I'm still finding myself being very emotional when a stock starts to go down and wanting to keep hanging on for the reversal.  I'm going to have to start using stop losses to keep emotions out of it.  

I did fund a new account with TD Ameritrade.  I'll take some time to learn their software.  It does look pretty cook but also quite complicated.  It might take me a hot minute to figure out.

Balance of $100:  $126.96, a 1.1% average daily gain

TD 23 and 24: Digging back out

 I failed to post yesterday as I had to actually physically go in to work which threw off my whole day.  

I was able to make one trade yesterday, TNXP for a 2.7% gain.

Today, I made 3 round trip trades, and I got lucky.  I also determined that I really can't trade multiple tickers until I get a better software.  It's too complicated to be watching all 3 charts for entrances and exits on the set up I have now.

NEOS:  I started with NEOS.  It was the big premarket gainer, and it had news of a merger.  I bought too high and decided to jump out at a 5.6% loss when the chart looked bad.  I hated the loss but glad I actually took a loss.  Too often I hang on for too long.

UONE:  On morning screener, and it had the technical set up I was looking for.  My setup isn't great, though, and I started really sweating it out thinking the whole day would be at a loss.  Fortunately, it turned around a bit at market open, and I was able to get out with a 0.7% gain.

OCG:  My big winner.  It was on the morning screener and chosen by my favorite morning trader.  Again, I thought I was able to have to sell at a loss, but the buyers showed up in a big way, halted the stock, and I sold for a 15% gain when the halt was over.  

I have determined that I need better software to do my analysis.  The free version of tradingview I use was a great starting point.  Etrade has terrible software, so I think I will move over to TD Ameritrade.  They have free software called sinkorswim, and it is the industry leader as far as free goes.  TD Ameritrade is basically the same thing as Etrade, so I might as well take advantage of the free tools.  I'll start working on a transition to Ameritrade today.

Glad to be back on the winning side again.

Balance of $100:  $109.05, a 0.4% average daily gain.

TD 19-22 Dog Days! Learning how to lose

 I have made some truly bad trades the past few days.  My knowledge on when to exit was terrible.  I kept being emotional and holding in for a reversal when no reversal came.  I thought that stocks with news would always rebound.  #fakenews

It started with AVEO.  A great little pharmaceutical company that just got FDA approval for a drug to treat kidney cancer.  It was up and up and looked to continue to go up.  It did not.  I held it as the company kept putting out good news after good news, but the market didn't respond.  

I finally let it go today at a 36% loss.  I wanted to jump back in and bought SGLB, but I didn't follow my governing rules.  I wasn't able to trade in premarket, so I bought it around lunchtime.  Bad idea.  It did pop up from where I bought it, but then it went down the toilet.  I sold it this morning for a 34.8% loss.

Then, I turned on the live stream of my favorite trader and decided to invest in the biggest premarket mover with news. Listening to him confused me, and I didn't sell when I meant to.  Blek.  That gave me a 9% loss. 

I bounced back a little with ENZ.  Got a respectable 3.5% gain on a quick trade, but it wasn't pretty.

Unfortunately, my quick gain on ENZ made me think I could get my money back.  Bad idea.  I bought ANCN, and it sank like a rock, a 12.7% loss.

But, as everyone says, the failures are what you need to learn.  I have learned a lot today.  I have changed my chart indicators and realized that I have to trade on a 5 minute chart, not a 1 minute.  The 1 minute moves to fast, and I can't keep up and get emotional with the trades. I learned about bull flags and VWAP and MACD.

I'm looking forward to trading tomorrow with my new tools and see if they make a difference.

Total of my $100:  $96.60

  

TD 18: Halted! 14.6% gain

 I had a very nice trade today.  

Came up on premarket screener with news.  A company that was just awarded a big government contract.  

Thought I got a good entry....could have gotten a much better entry.  Kept me a little bit worried, but I figured with the stimulus passed the market would be wild today, so I held through premarket.  I increased my limit sale when the stock was halted about 5 minutes into market open.  I increased but not too much, so after halt, I sold and got the gain.  

Lesson learned today is to not start my trade until 7:45-8.  I'm finding earlier than that is a little choppy, and I'm buying too high.  The premarket starts out hot and then settles down, so it's best to do my analysis beginning at 7:45.  So instead of mediating after placing my trade, I'll meditate first.

I don't even care one bit about the gains I missed out on because it is always such a relief to get a good gain and get out.  

Ticker:  XELA

Price bought:  $6.11/share

Price sold:  $7.00/share

Gain:  14.6% 

Total of my $100:  $271.35, a 9.5% average daily gain.

TD 16 and 17: Did not get a grand slam

 I'm trying not to kick myself right now.  I bought this morning a biomedical stock with news.  Great pick!  I bought it and it went down.  Made me feel iffy.  I figured it would pump at open, so I set a 6% gain for a sell, and it sold.  Now it's trading at a 65% gain.  Oh, well.  My goal is to not have a grand slam and to get consistent gains which I am.  So, I shouldn't cry over spilled milk.

In good news, my strategy appears to be working well, so I'll stick with it for now.

Yesterday, I did not follow my strategy.  I had stuff to do in the morning, so I wasn't able to trade premarket.  When I got home around 10:30, I decided to do a trade anyway.  I picked a bit of a dog, but it has reddit support.  I would have lost 10% had I sold it at end of market.  I decided to keep it into after hours as I have found these meme stocks to rise in the extended hours with lower volume.  Fortunately, I was able to get out of it first thing this morning at a 1.1% gain.  Lesson learned to follow strategy.

TICKER:  SOS

Price Paid:  $6.17/share

Price Sold:  $6.24/share

Gain:  1.1%

TICKER:  INVO

Price Paid:  $5.90/share

Price Sold:  $6.30/share

Gain:  6.8%

Total of my $100:  $237.53, a 8.1% daily gain

TD 15: 8.3% gain but my butt hurts from sitting for 2 hours

 Got my loss back from yesterday. Thank goodness!  

The premarket screener looked much better today than yesterday.  I had my eye on ticker WTRH which announced it was going to become the Amazon of weed delivery.  I thought that would really take off, but while it had good volume, it really slowed down and wasn't moving.

The other big movement was a Chinese company, but I have found them to be very fickle. There was also an Israel drug company that was up, but it had no news which scared me.  

So, I sat and sat and my butt began to hurt.  I knew I could find something, and I really thought my weed stock was going to start moving.  

Then, around 8:45 an FDA announcement was made for ticker EYES.  They just got approval for something that will help with blindness.  Exactly the catalyst I needed.  

I watched the chart and found a decent entry.  Unfortunately, in premarket it didn't go up to my exit which was slightly below the premarket high.  I felt good about the news catalyst and thought the market open would help.  

I had my order in for $2.36 but had hope that it would break through and go higher.  What do I know about hope??? Don't have any!!  The stock got some movement right when the market opened, and I got excited that it was going to break.  I hurried over to Etrade to change my sell limit to higher.  God bless Etrade.  It had already initiated my sell order.  Which is awesome because the stock immediately fell to below the level I purchased it at.  Why do I have to keep learning my own lesson of stick with the plan???  

At this moment, 9:45 it is trading higher than my sell, but I'm glad I'm out of it and can move forward with my life.  An 8% gain is amazing.  If I got 8% everyday, I would have $100k in 100 trading days.  I can live with that.  Glad Etrade has my back. Now I can close down my computer and go for a walk on this beautiful day.  My butt will thank me.

Ticker:  EYES

Bought:  $2.18/share

Sold:  $2.36/share

Gain:  8.3%

Total of $100:  $220.28, an 8.0% daily average gain