Buy High Sell Higher (Equities)

Discussion in 'Journals' started by Sekiyo, Sep 4, 2022.

  1. Sekiyo

    Sekiyo

    Bought QNTusdt
    Looks like a stage 2 breakout.

    QNTUSDT_2022-10-08_15-08-02.png
     
    #31     Oct 8, 2022
  2. deaddog

    deaddog

    You will find that it is if a big player bails. You have already mentioned the spread.
     
    #32     Oct 8, 2022
    Sekiyo likes this.
  3. Sekiyo

    Sekiyo

    Screenshot 2022-10-09 at 13-38-49 Stock Screener - Charts stocksonly o100 b0to10h mo4 low52w.png
     
    #33     Oct 9, 2022
  4. Sekiyo

    Sekiyo

    Screenshot 2022-10-09 at 15-54-43 Stock Screener - Charts stocksonly o100 b0to10h mo4 low52w.png
     
    #34     Oct 9, 2022
  5. Sekiyo

    Sekiyo

     
    #35     Oct 12, 2022
  6. Sekiyo

    Sekiyo

    There is insufficient FNGR available for short sale :(:(:(
    upload_2022-10-12_21-2-15.png
     
    #36     Oct 12, 2022
  7. Sekiyo

    Sekiyo

    Bought IMUX
    upload_2022-10-12_22-0-13.png

    Made a bunch of money overnight on a rookie all in trade.
    Bought HKD around 43 and sold it before open @ 50
    upload_2022-10-12_22-1-34.png

    Lost a bunch of money since September buying breakouts on the daily.
    Equity high was 5200$ now .. 4400 thanks to my rookie trade.
     
    #37     Oct 12, 2022
  8. deaddog

    deaddog

    What criteria on your don't buy unless checklist did you check off?
     
    #38     Oct 12, 2022
    cesfx likes this.
  9. Sekiyo

    Sekiyo

    What do you mean ?

    Bought it because it's showing momentum on the hourly,
    I like the hourly when conditions aren't bullish.
    Broke out 9.63 on good relative volume.
    After it had a little reaction.

    That's it.

    Looks like sh*t on the weekly, daily.
    But I think it can double from here.
     
    Last edited: Oct 12, 2022
    #39     Oct 12, 2022
  10. deaddog

    deaddog

    Part of my process is a set of criteria where I don't buy unless the majority of them are met.

    Showing momentum on the hourly would be one of your criteria.
    Breakout on volume another.

    I woudn't buy because part of my criteria are conditions should be bullish.
    It's a biotech. (Great risk reward when they work buy any hiccup and you can't depend on getting out anywhere close to your stop.)
    I like stocks to look good on all time frames.
    I don't like to see a lot of overhead.
    But that's only my process, I was just curious about yours.

    What bought the stock to your attention.
    Can you walk me through your thought process.
     
    #40     Oct 12, 2022
    Sekiyo likes this.