My watchlist for tomorrow, again short and simple will focus on a few stocks. $prog $metx $snoa $irnt $hcti
$prog
- 3.5 - 3.7 demand again, 4 break key for move back towards 4.2
- Under 3.5 you got the 3.3 level.
- 4, 4.2, 4.35 and 4.5 all key levels for bigger run to 5+
$metx
- Key support area 0.38 and 0.35 area then 0.28 which is bottom
- Key resistance to get back above 0.43 and 0.48 for key momentum to pick back up
- Keep sl tight on this
$snoa - @BoaTrading
- Low floater (2 million)
-high SI
- key support is 6 area
- key resistance is 6.25 and 6.7 if market catches on at these breaks could see a nice move towards 8+
- Daily is insane, TL break, 7.2, 8.1, 8.7 other key areas but float will move this quick
$irnt
- 14-14.5 key to hold into tomorrow, high risk play but upper tl break should give us a nice move to upside.
$hcti
- Low float IPO priced at $4
- 2.4 seems to be bottom.
- Look for this upper TL break which starts a push back to 4 IMO
- 3.32 key resistance as well as 2.8.
$sdc (longer term watch)
- watching for this to break downward TL, it has rejected this 4/5 times when it breaks I expected a nice run to 7.79 then 10
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Watchlist for 15/09/22
$ATXG $ALT $CMRA
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$ATXG
- Watching for continuation, high borrow rate fee, above 30 min trend, needs above 5.5 for momentum and bigger moves IMO.
-IPO hype with $HKD could send this especially with that clean daily
$ALT
- Chart still has room to 18-20 range, watch for continuation tomorrow.
- 14-14.5 support zone
- 16.7 resistance for a move back to 18-20
🧵 Thread on the 7 most important psychology and discipline rules to follow when taking a loss
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1)Risk Management
One bad trade shouldn’t outweigh your winning trades! I keep a minimum 2:1 ratio reward to risk ratio when trading. For example, you stop loss is 4% I am to make x2 that but with the opportunity to make more by using my buying and selling.
2) Knowing your stop loss before you trade
Consider this as an insurance policy or a take you out of jail card
The key error traders make is not respecting the stop losses they have:#. In order to be successful in the long term, respecting your plan is key.
THREAD DOWN BELOW FOR TRADING
Within this thread I will go over educational content you can read and watch, chart patterns, best platforms to use and more
$prog $metx $nept $bxrx
Rules that i follow on a day to day basis 1) Make sure I have a plan when buying a stock 2) Move SL up as go along 3) Stay strict with my support and resistance levels 4) Scale as the stock price moves up
My favourite book to read
- How to day trade for a living by Andrew Aziz
-
WATCHLIST FOR TOMORROW BELOW
God damn im working hard lol. But looking at $metx $prog $snoa $brpm
Sometimes you only need a few stocks will watch these for key scalps!
$metx
- 0.7 key break, want to hold this on 5min for a parabolic move
- Move sl above avg, scale as you go alerted this at 0.3
- Has bounced from this 0.48 - 0.5 range which is demand and 0.51-0.6 supply
- Re break 0.63 into tomorrow
$prog
- well well well this already went crazy haha as I was writing this but we got this early ah and during market hours! step by step guide.
- 4.35 key resistance, when it broke out this area yesterday it hit 6.47
- 3.5-3.8 seems to be demand with 3.8 also acting as support
THREAD DOWN BELOW ON HOW I FIND MY PLAYS
In this thread, I will go over how I find my stocks, what stocks i prefer to day trade and more. $prog $metx $ocgn $brpm
What type of stocks am I looking to trade
- As I am a high momentum trader I look for low float stocks which for me is below 30M float.
- I look for low float, high volume scalps.
- I look at the chart and due to screen time instantly spot key support and resistance
How do I figure out specific price points?
- Use the daily chart to review previous areas of resistance, also use the 30 min chart to identify key trends.
- For example, $PROG I said key support was 2.5 multiple times, why? this was the previous breakout area turn support