by Jane | Mar 19, 2017 | Uncategorized
With all the craziness this week again with our Daughter I was only really able to watch on Friday around noon. She must have been going through a growth spurt up 40 min to eat and be changed and then back down for a 40 min nap.
When I had a free second I opened up Trade Ideas to see what the scans were pulling up and I started checking the charts of the volatile stocks. $SNAP and $DFFN were on the list.
$SNAP looked like it was primed for a reversal at just below 19 and it being a Friday. So I tweeted out the potential reversal coming. Sure enough from the low of the day around 18.75 it ran up a good $1 before selling off again. These are the patterns that I love and have found success. $DFFN had a similar pattern after the big run up in the day as you can see below.
When DFFN wentdoe to just below 3 at 2.94 it was the perfect time for the reversal. Then as it approached 3.30 and tested the breakout with the shorts covering a great time to catch the run up. These are two charts that I look for when I’m trading. As always I say Carpe Profit and lock those profits to make sure you dont give the market back profits.
Now there are times when you will trade and your executions and timing wont be perfect. This week has reminded me that perfection is something you can aspire to achieve however it is inevitable that you will not be perfect. As I wanted to get the book of to editing on Friday I quickly discovered there was more work to be done on formatting and my daughter did not let that happen.
I want that book to be at the publisher but sending it before it is ready is not prudent. In the same way that waiting for prime entry into a trade is important. When you rush it and hope that it goes the direction you want you can minimize your profit or even lose. So remember that even though it can be frustrating to have to wait for those right set ups it is all worth it to be patient.
The patience in life begins today. Let things unfold in the manner they will. Don’t force trades or life. The more you can practice not forcing perfection and using patience will allow you to thrive in all areas of your life and your trading.
This time with my newborn daughter is allowing me to reflect about my trading and realize that the ability to trade each day is a priveledge and the time that I will have coming soon to get into trades will be cherished and I will be a sniper for the right set ups and not force trades. It just isnt worth it.
You can make your dreams reality with hard work to change your own future. Start Today!
And if you reach out to me and I dont respond immediately please don’t take it personally as I might get to it at a 2 or 3 am feeding while reading on my phone.
I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you have questions or comments you can contact me here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube
Working on my book to be released this spring of 2017 available on Amazon and major retailers in 159 different countries. Sign up here for updates about when and where to preorder.
The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. Discount code BARRIE4ALPHA for 15% of 1st month or year that
For my charting and level 2 I use Equityfeed.
This blog is for information purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.
by Jane | Mar 11, 2017 | Uncategorized
I forgot how labor intensive a newborn is since taking care of our daughter is truly a labor of love. I knew it was hard work, but forgot all the effort and work and remembered the good times with daughter #1.
This week has been tough on me as I have been dealing with a bunch of hormonal changes. I know that this is related to hormones because when I have an emotion joyful or sad I ended up in tears. Not my normal reaction to be crying at the drop of a hat.
As I have told you before when you head is not clear or life is taking over don’t trade as it will probably result in losses with you mind not present on the trade. Well that is what I did again this week and concentrated on the book.
This week with my best friend in town to help with the baby, we concentrated on brainstorming for titles for the book. Thanks to the help of my hubby, best friend and twitter followers I narrowed it down and will reveal it soon. The ultimate title was with help from a twitter follower and he will be receiving a free signed copy at release. If you want to be added to the pre-order release list please shot me an email at carpeprofit@gmail.com
The pyschology aspect of trading is very important as the only person you are in competition with while you are trading is yourself. You want to be a better trader today than you were yesterday. That means you need to be aware of yourself and your thought processes. If you have a bunch of personal stuff going on that is distracting your brain. Take time to study the market. It will only help you.
Once we had the title down I could come back to watching the market at open. Friday I watched $CATB and it performed just as expected. I was watching the premarket movers on Trade Ideas scanner and I saw CATB as a big mover from Thursday. I set a premarket price alert to pop up once the premarket high was broken. Sure enough it happened right after open then pulled back.
The volume on Thursday was 50.8% short sold according to shortsqueeze.com. The daily short sale percentage of volume is a premium service, and can be worth it if you follow lower float stocks like CATB with 10.2 mil in float. CATB had 3.6 million in volume on Thursday with 50% short then on Friday after the pop in volume the volume jumped to 59 million. According to shortsqueeze.com 56% of the volume Friday was short sold. That means that there could be a bigger movement coming next week.
Earnings according to Yahoo Earnings Calendar is on Thursday the 16th and with this move prior to the earnings it seems there might be some insider knowledge that was leaked and the volume is preceding the news. This is 100% my opinion but many times we will see the volume comes in before the news is released.
In my opinion there will be more movement to the stock next week to the upside. Looking back at Form 4s for the stock 1 month ago, there were 4 officiers that bought 100k shares or more of the stock. This to me indicates A. They think that the stock is at a great purchase price and B. There is some inside information coming that will result in an increase in the stock.
Here is the 5 min chart of the stock on Friday. You can see right at open it popped up from 1.170s to 1.88. An initial Sell off with a bottom around $1.7 and then upside all day until roughly 1130 with a consolidation period around $2. You see that the volume that came in and all the shares that exchanged hands but the price wasnt moving to downside that the buying volume was creating support. It is no suprise that the close was back at that support level it held for almost 45 min in the morning. Look for a break of resistance levels of 2.20, 2.40 and then 2.75 for it really run next week.
All of this to say stay on track with you goals. I want to make this book happen for all of you and this time that my hormones are out of whack with trading is the perfect time to make it happen. Stay true to your dreams and put energy towards it everyday to change your future. I never thought of myself as a daytrader and an author of a soon to be goal of NYT bestseller.
You can make your dreams reality with hard work to change your own future. Start Today!
And if you reach out to me and I dont respond immediately please don’t take it personally as I might get to it at a 2 or 3 am feeding while reading on my phone.
I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you have questions or comments you can contact me here or on Profitly, Twitter (@jane_yul), Instagram (missairplanejane), LinkedIn and Facebook (@sugarairplanejane). carpeprofit@gmail.com or YouTube
Working on my book to be released this spring of 2017 available on Amazon and major retailers. Sign up here list for updates about when and where to preorder.
The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. Full Access Test Drive for $8.88 April 10-17th
Also testing out Stocks To Trade that has a 1 week $1 trial
For my charting and level 2 I use Equityfeed.
This blog is for information purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.
