Dunked underwater, tennis ball stocks

[treeman]

A few notes on the post mortem for SLCA-

- I will need to go to shorter sticks. 1H atr stop losses... in this specific case, a bit steep. In most cases, really.

- I’m moving to 15M. Success rate will drop, but the money at risk as a percentage of the position is much more scalable.

- it’s slippy out there. Not much I can about that.

- I have a couple of course adjustments. Those are good.

- resetup an SCLA breakout. Much more intelligent breakout level.

-I should have tosses the position after I noticed it wasn’t a breakout. Immediately. I waited until I got stopped out. JV. I won’t do that again.

- I also am noticing that breakout trading is like tying 1 hand behind my back. I’m a buy during accumulation phase trader. This is def putting me outside of my comfort zone. I’d love to accumulate CDXC now.

If I were to guess, GSM will be the next trigger.

 

[treeman]

Bought (filled) EOLS. Lots of slip.

 

[treeman]

APPS second breakout buy (double previous position

 

[treeman]

Stopped out of second APPS breakout out. I think I’ll take another bite at that apple with higher levels.

 

[treeman]

Date       Ticker  Shares     Open      Close   Realized P/L   Unrealized P/L
3/1/2021    SLCA    1000    13.8436    13.2301  -$613.50   
3/1/2021    APPS    50      89.13                $0.00      $204.50
3/2/2021    APPS    50      100.4596   97.1624  -$164.86
3/2/2021    EOLS    300     13.1802              $0.00      $245.94

 

[treeman]

Added entry stops for CTB, FIX, SLM, HPQ and TS. Also resetup APPS.

 

[treeman]

Bought Fit @67.5399. Lots of slippage

 

[treeman]

Stopped out AAPS.

 

[treeman]

Bought CPE @29.15999

 

[treeman]

Bought CTB @58.5076

stopped out of SIG