05/21 – Monday patience

Hi everyone, first of all, if you would like to join a service that have helped me, click here.

Today I waited a long time, but managed a small gain on TRXC. As I am anticipating a break of 3.50 – 3.70 and eventually 4.50. Every day, I patiently wait for my entry. It is a short setup for me. This tends to crap a lot, as shown today, Monday May 21, 2018 at or around 9:36AM and 10:00AM, where it crapped. If I were long, I’d probably sold already.

My initial entry was at around 11:00AM. It felt like a bit of a gamble, because there was someone soaking up the bids like a maniac. So I enter with a small position. Also, because of this, I covered like a little pussy into that 3.30 washout. I might’ve held longer, but that super soaker still seemed active (11:50AM, still holding like a boss!).

Was disappointed though that I totally missed SMRT. An all day fader! wow!! Still crapping as we speak! My plan was this for today: “SMRT, 4.00 was rejected at open Friday. Might breakout today. Loads of bag holders from 4.00”.

A weak open was ideal for any short. Especially when it went under VWAP. Something Investors Underground has taught me. I could’ve sized in, if my eyes weren’t glued to freakin’ TRXC! But that is still something I need to work on. Looking at the best plays, in play…

  • kindly note here that this should not be treated as advice, trade advice or any of the sort. Always trade your own plan, cut losses quickly and never follow any alerts. Always do your own research!
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