Good morning,
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What I did well:
UNCY was a news winner that I played a bull flag on in the premarket. I caught a nice rip into the open and took it. Turns out I played it a little too conservatively selling at $1.24 on the way to $1.60's, but 10-20% is my goal. If anything I could have trimmed and trailed better.
GNS was a swing from Friday in the chat room and I'm glad it worked out. I felt it'd get to the middle $4's and it did.
AMAM was a blue sky breakout that I played nicely, though I was a little disappointed I didn't trim and tail better into the $13's breakout.
Areas to refine:
The first was chasing ENTX Friday night in the after-hours in the $1.40's. It was up a lot on heavy dollar volume, however, I couldn't find news, which goes against my entry rules. Monday morning, when it faded, I paid the price.
The second mistake I made Monday was not buying BLPH for around $3.20, when I taught subscribers in the chat room why I thought it was a good buy there. It proceeded to rip to the $5's from that level. Then, later in the session, I bought in the middle $4's thinking it would take out $5, but it dipped to the middle $3's instead causing me the $4,601 loss. I ended up rebuilding a position in the middle $3's where I should have bought the first time around.
And while $4,601 realized profit Monday exceeds my $1,000 a day goal, both of these mental errors prevented me from having a $10,000 day.
Quick start guide Chat room Live portfolio Trade journal
I have 7 open trades headed into Tuesday, details of which can be seen in the live portfolio.
8-10 am ET is the best time of day to try and find monster runners which is why I live stream in the chat room during that window.
Tuesday I'm watching ETAO in the middle $2's for a move into the $3's. Stop loss below $1.95.

I also like TMPO in the $1.20's for a move to $2's. Stop loss below $1.08.

CVKD picked a bad month to IPO and fell from $5 to below $2, I like it around $2 for a move to $2.50's. Stop loss below $1.83.

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Deal ends this week.  Jason Bond |
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