EdoTrading

Personal journal | Swing trader

[EdoTrading @Edo_Stock]

Opened a position on $CHYM risking 1% of the account.

It has shown strength where other stocks have not. Maybe 1% is a bit aggressive for the current situation, but at the same time I see enormous potential.

[EdoTrading @Edo_Stock]

From best to worst: I went from over +4% on the account to -1%. Right now I’m down on all positions except $OII. Despite that, stay calm and keep following the plan.

[EdoTrading @Edo_Stock]

-Stock in a dominant sector.

-It has shown a lot of strength over time while other stocks were failing.

-Good setup, even if not the best.

-Holding the 10SMA, and the moving averages in general are playing well.

-There wasn’t strong volume confirmation, but a minimal amount.

[EdoTrading @Edo_Stock]

opened a position on $WTTR today, risking 0.25% the first time (where I got stopped out) and then a second time risking 0.5%, which is currently still open.

Reasons⤵️

[EdoTrading @Edo_Stock]

-Stock in a dominant sector.

-It has shown a lot of strength over time while other stocks were failing.

-Good setup, even if not the best.

-Holding the 10SMA, and the moving averages in general are playing well.

There wasn’t strong volume confirmation, but a minimal amount.

[EdoTrading @Edo_Stock]

Opened a position on $WTTR today, risking 0.25% the first time (where I got stopped out) and then a second one risking 0.5%, which is still open.

Meanwhile $AXTI exploded +17% just today, while $OII is moving very well with a +3.66% on a 4% ADR. Both could become huge trades.

[EdoTrading @Edo_Stock]

Focus of the week 17/08

Sector:
Technology and energy are the two main dominant sectors over the past week and month, but energy shows greater strength, which is what I will base myself on.

Stocks I intend to keep an eye on:
$WTTR
$VGIT
$KOS
$LB

[EdoTrading @Edo_Stock]

I opened a new position on $AXTI risking 0.5%.

Thesis ⤵️

-Dominant sector.
-Volume confirmation on the 1D and 5m at the breakout.
-Strong move in a short time + pattern formation.
-10SMA is holding, even if not perfectly.

If it takes off, it will take off hard.

[EdoTrading @Edo_Stock]

Yesterday I started with a $5,000 account with the goal of scaling it as much as possible.

Yesterday I opened two positions with great potential.

$OII is progressing very well at the moment.

$OKTA is not pushing as I would like in order to get confirmations of its strength.

[EdoTrading @Edo_Stock]

@0xMrPinky Me

[EdoTrading @Edo_Stock]

@BitcoinIntelX I Need to win 😭🙏🏻

[EdoTrading @Edo_Stock]

I just entered a short position on $SOBR at $1.09

My take profit is at $0.7254

[EdoTrading @Edo_Stock]

$OTHC*

[EdoTrading @Edo_Stock]

Just hit my take profit on $ATHC.

Fully closed my position.

[EdoTrading @Edo_Stock]

I just opened a short position on $BIYA at $1.76

My take profit is at $1.08

[EdoTrading @Edo_Stock]

I just opened a short position on $HTCO.
Take profit at $11.92.

We hit our take profit on $SCNI, but I want to hold the entire position through tomorrow or until it reaches the $0.4552 level.

[EdoTrading @Edo_Stock]

I have just closed my entire position on $AGPU above the take profit level.

[EdoTrading @Edo_Stock]

@MichaelMen9253 I'm not really sure if it could get back to $10.50 given its current performance.

[EdoTrading @Edo_Stock]

I should have closed my $AGPU position today, but given its current setup, it’s likely to hit our take profit at Monday's open. Therefore, I am holding the full position.

[EdoTrading @Edo_Stock]

@radical__center By take profit, I mean that once my target is reached, I will close my position. Since I am short, I will need to buy to cover my entire position at that level.