✍️18/03 weekly review:
Terrible week, giving back the entire previous weeks gains.
❌Negatives:
>not taking stops/selling when new LODs are made
>developed a bias towards stocks I traded well the previous week but no longer presented good trades
>coming too late to the gold and copper stock party, succumbing to fomo, then trying to pick my own ways to play these themes instead of those with nice charts
>emotional selling without sell signal for fear of another loss despite the setup holding
>adding to positions too early
✅Positives:
>found some great setups and patterns
>got good entries on most trades
>tried new a new type of trade e.g. ORB, arvo runs on the morning pumps
>took stops more strictly on Friday so was able to make it my only positive day for the week
💪Improvements for next week:
>reduce number of trades
>don't go searching for trades, wait for them to come to me e.g. from my alerts and catalysts
>reduce overall position sizing
>wait until later into session before placing any trade
>no touching stops once I place them
Usually keep these private but considering posting regularly to keep myself accountable. Will see how the feedback is.
@Dimitrios_1963@QLDPacificMetal I get worried when you reduce your position. as in the past you reduced in $VML and the prices are falling and now in QPM. I wonder if I should also reduce as invested in both and for VML already looking at the lows....
@DhanCares Amazing Platform, just came across when I looking for Options trading with Tradingview integration. Love your concept and wanna be a member. I`m an NRI and would like to know how can soon you gonna start for NRI..... cant wait.
@StanH2443@CrashWrx Though I appreciate your view and do agree that yeah even though so many market sensitive and other announcement, but still price never moved north.
@StanH2443@CrashWrx@StanH2443 wish I would sell it, riding from past 20+ months with average price of around 0.75c. right now selling shivers me as will be claiming 50% loss.
$RFR 3.2c, been 3 wks since 2.3c placement so a few flippers flushed out. Canadian Ni+PGE drilling will be the easiest director hole play of the yr. Look at Midrim historicals, think $MEI went nuts on those results before. Just buy before drilling and sell into headline results😎
@DemoniacoASX This year has been my third appearance in City2Surf (though feel a bit shamed for still my running stats are not good)
Appeared in the following City2Surf Editions:
2018
2019
2022
(2020 & 2021, missed as the event was not organised due to covid)
@Jason96841294 Are you new to running?
I've been at it since 2017, albeit inconsistently due to many injuries.
stagnated on 6.20min - 6.40min/km for yeaaars. Decided to finally break out of range and perform.
Mum lost her battle with Cancer today
All mothers are special but haven't found a more caring, content, calm, satisfied, understanding person in my life Monk like
May her soul rest in peace and she finds salvation 🙏
@great_martis Sometime I dont like your tweets, as it is mostly scary towards Markets and Economy. But, on the otherhand I know you are trying to alert us all of what is coming......
@lachstonkand2SB Commission for 24 trades (one way I guess), which trading platform you use. Also what application to get such a weekly view of proft/loss. Kindkly educate.
@Jason96841294 Give it wriggle room in a consolidation range - after a long down trend you need to be patient while market gets confidence back - if that's shot by earnings or whatever trend down will continue - manage YOUR risk - know when you're wrong - market will tell you
@Jason96841294 $DMP no but can add below $66 we'll probably see trend continuation - we are in an accumulation zone but background trend says market just giving it a reprieve or benefit of the doubt - earnings disappointment will see it punished #asx
$DMP selling pressure last week buy notably weaker than previous - stays under notice - accumulation going on here for sure but no urgency at the moment #asx