$DFFN $SNAP and Perfection in Trading

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.JPG

$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.DFFN

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.

 

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4 thoughts on “$DFFN $SNAP and Perfection in Trading

  1. Hello Jane,
    Love your blog and the ideas you share. Congratulations and many happy returns on your second child too 🙂 I noticed you use shortsqueeze.com to check for squeezes. I know it’s a bargain for $30 a month and I too liked it at first, but then found a better tool for free! Have you tried shortvolume.com? I find ShortVolume.com gives me a better overall picture and the short volume ratio is the same as a percentage just times by 100 of course. Just thought i’d share this with you, just in case you haven’t seen this website before. Looking forward to reading your book by the way 🙂
    My blog has been very quiet at tradingspike.com as I have been studying like crazy, but very exciting what I have to share in due course. Wishing you all the best Jane, and keep being an AWESOME MUM and great disciplined trader 🙂

    Like

  2. Hi Jane,
    I am watching your evolution as a trader and you are doing great. Congratulations for your second baby too.
    Now, the question – you mentioned that SNAP looked primed for a reversion, on Friday 17 of March. It was a very inspired remark. When (at what time during the day) did you realize that and what was the criteria that made you come to this conclusion? The day before was a solid loss and for the beginning of the Friday, it was also falling quite strongly. Why would the fall bounce back just under $19 and not under $15 for example? The graph that you posted is very small and doesn’t show any details of your entry and exit points.

    Like

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