Move too Fast and you Stumble
When you are producing results that you dont want, you have to rethink your strategy. Focus on deeper research into the stocks. Eliminate the mistakes. The quick trades that are on hope and not on extensive DD have to be taken out of the equation. Designing a plan and a list of which trades are best suited for that day. Dont get distracted by what other stocks are doing. With that in mind I used all bullish candle signals, short interest, resistance and support points, RSI, ER projections, analyst coverage, target prices, short interest rate, shares available, float available, and even the numbers market managers use to signal which way to move the stock price.36 hours later and these are the stocks that passed.
$Adagio Therapeutics(ADGI.US$ is my top pick. Was only affected because of bad Pfizer pill publicity. Low float means on monday will move up fast. Too many shorts sellers joined in and will want to cover quick on monday.
1. $Ever-Glory International(EVK.US$ at breakout. Borrow rate is 94.11%. buy in 3.25 sell 8.00
2. $Color Star(CSCW.US$ at breakout. borrow rate 21%. buy in .68c sell . 97c.
3. $Fate Therapeutics(FATE.US$ support 59.07 resistance 61.84, 63.07, 64.61. TP 108.00. Short interest is 17.77%.
4. $Zymergen(ZY.US$ buy in 11.07 sell at 14.00. 100,000 short shares available. Borrow rate is 15.37%
5. $Shift4 Payments(FOUR.US$ 45% of float shorted(21 million share). PT- 108.89. Projected ER beat of 160% YOY. buy in 60.32 sell at 78.00
6. $DiaMedica Therapeutics(DMAC.US$ Buy in 4.60 sell at 7.17.
7. $Archaea Energy(LFG.US$
8. $Advanced Emissions(ADES.US$
9. $VirTra(VTSI.US$
10. $Innovate Corp(VATE.US$
11. $BiondVax制药(BVXV.US$
12. $Alimera Sciences(ALIM.US$
$Codiak BioSciences(CDAK.US$ has a gap up to 18.85. Can run if it breaks 19.14. buy in 16.78. sell 19.00 for about 15%.
I also made portfolios so i could keep up with the top 30 stocks I found that had positive outlooks. Never put money on the line until you have a plan of action. That means know what you’re buying and selling, how much you’re going to trade and when you’re going to trade it.
Always be looking to trade smarter
not faster. Emotions cloud your judgement, use facts and figures to guide your decision-making processes.
Maintain discipline dont start thinking maybe I should see if this works.
Having money at the forefront of your mind will make you do reckless things, like taking tiny profits in fear of losing what you’ve already won, or jumping straight in so you don’t miss a move. Instead, focus on sticking to your strategy and let your strategy focus on making you money.
Your decisions=Your responsibility.
Dont blame anyone or anything. Too many traders lose and then proclaim the market was out for them. By not taking responsibility you won’t learn from your mistakes. Whatever happens, point the finger at yourself, in a constructive way. Was i patient enough? How can you stop it happening again? Are my trades too risky?Do you need to amend your trading plan?
And most important. If the strategy isn’t working, don’t keep throwing money at it. Go back to the drawing board and think again.
$Adagio Therapeutics(ADGI.US$ is my top pick. Was only affected because of bad Pfizer pill publicity. Low float means on monday will move up fast. Too many shorts sellers joined in and will want to cover quick on monday.
1. $Ever-Glory International(EVK.US$ at breakout. Borrow rate is 94.11%. buy in 3.25 sell 8.00
2. $Color Star(CSCW.US$ at breakout. borrow rate 21%. buy in .68c sell . 97c.
3. $Fate Therapeutics(FATE.US$ support 59.07 resistance 61.84, 63.07, 64.61. TP 108.00. Short interest is 17.77%.
4. $Zymergen(ZY.US$ buy in 11.07 sell at 14.00. 100,000 short shares available. Borrow rate is 15.37%
5. $Shift4 Payments(FOUR.US$ 45% of float shorted(21 million share). PT- 108.89. Projected ER beat of 160% YOY. buy in 60.32 sell at 78.00
6. $DiaMedica Therapeutics(DMAC.US$ Buy in 4.60 sell at 7.17.
7. $Archaea Energy(LFG.US$
8. $Advanced Emissions(ADES.US$
9. $VirTra(VTSI.US$
10. $Innovate Corp(VATE.US$
11. $BiondVax制药(BVXV.US$
12. $Alimera Sciences(ALIM.US$
$Codiak BioSciences(CDAK.US$ has a gap up to 18.85. Can run if it breaks 19.14. buy in 16.78. sell 19.00 for about 15%.
I also made portfolios so i could keep up with the top 30 stocks I found that had positive outlooks. Never put money on the line until you have a plan of action. That means know what you’re buying and selling, how much you’re going to trade and when you’re going to trade it.
Always be looking to trade smarter
not faster. Emotions cloud your judgement, use facts and figures to guide your decision-making processes.
Maintain discipline dont start thinking maybe I should see if this works.
Having money at the forefront of your mind will make you do reckless things, like taking tiny profits in fear of losing what you’ve already won, or jumping straight in so you don’t miss a move. Instead, focus on sticking to your strategy and let your strategy focus on making you money.
Your decisions=Your responsibility.
Dont blame anyone or anything. Too many traders lose and then proclaim the market was out for them. By not taking responsibility you won’t learn from your mistakes. Whatever happens, point the finger at yourself, in a constructive way. Was i patient enough? How can you stop it happening again? Are my trades too risky?Do you need to amend your trading plan?
And most important. If the strategy isn’t working, don’t keep throwing money at it. Go back to the drawing board and think again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Cat army : Master @Tupack H Mcsnacks sir I was missing you. How are you doing
韭菜63號 : Nice to see your post
msudac : @Tupack H Mcsnacks. Glad to see your post as well. Glad all is well.
Mcsnacks H TupackOP Cat army: Fine. Had lost a good size investment so I had to step back and re-evaluate what I was doing wrong. I was taking to many Risk and investing way to fast. Wasn’t using a plan or sticking to it. Any time your losses reach 40% you stop, step back, and look at what is wrong. Then you fix it. Add more charts, remove anything not being used, write down your steps for the day and the week. Be able to invest and walk away. Being hyperfocused on the market makes you make moves and decisions you know you shouldn’t make.
msudac : @Tupack H Mcsnacks $Aurinia Pharmaceuticals (AUPH.US)$. What's your thought? take a look when you have time.
Cat army Mcsnacks H TupackOP: Glad to hear from you Master and that you are well. Sorry to hear about your loss - I am sure you will recover and earn much more.
Pamloarg : Thank you for sharing good Sir! I admire your wisdom.
Ceelee : you've been busy...hope you are feeling well.....do you expect fda to approve eton and liquidia? if so do you think they have an upside? eton is up...but liquidia is down from earnings...we touched on them briefly last week
Ceelee Mcsnacks H TupackOP: I'm new to all this and still learning....my risk ability is minimal right now so I have to be as smart as possible...I live on disability and I'm trying to build a little savings and income for basic things....maybe 1 day I will have more available to risk and gain from...you've helped me alot already and I appreciate your time and energy...thank you
招钱进宝 : @Tupack H Mcsnacks it good to see you back here, cheers
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