Day 1 : Explaining the strategy
Day 2 : $PLTR Trade Idea
Day 3: Buying $HOOD
Day 4: Up 5% on $HOOD
Day 5: Entered $UA Trade
Day 6: Trading In Puerto Rico
Day 7: Introducing Beacon
Day 8: S&P 500 Record Highs
Day 9: Robinhood Makes Moves Into Crypto
Day 10: Roaring Kitty Meows
Day 11: $GME Trade Idea
Day 12: $NIO Trade Entry
Day 13: Taking Profits In $HOOD
Day 14: Stopping Out Of $UA
Day 15: Stopping Out Of Everything
Day 16: No FOMO
Day 17: 6 New Trade Ideas
Day 18: Entering $ACB Trade
Day 19: DXY Says To Stay Out Of The Market
Day 20: "Shoulda, Coulda Woulda"
Day 21: $CCL Hits Target 1
Day 22: Trading Psychology Book Club Week 1
Day 23: $NKE Earnings Play
Day 24: Adding Day Trades To Our Watchlist
Day 25: Learning From Our Mistakes
Day 26: How Our 4H Candle Strategy Works
Day 27: Why I Am Bullish On $TKO
Day 28: Celebrity MemeCoins
Day 29: Stocks Near Our Entry
Day 30: TheStrat
Day 31: Coaching Program Season 2
Day 32: $SWBI's Funky Chart & $TKO Entry
Day 33: Month 1 Portfolio Review
Day 34: The Importance of a Coach
Bonus: Using TraderSync To Track My Trades For This Account
Interested In Having Jay As A Trading Coach So That He Can Teach You How He Finds These Trades? Click here to get started!
$500 Account Update
The account is doing well for 35 days into trading a new strategy! I am so far really enjoying this strategy for a few reasons:
- It’s not time consuming at all to trade. If I have a stock close to entry that has our 4 hour candle entry criteria, then all I need to do is check at 1:30 PM EST to see where the candle closes. For the daily candle criteria it’s 4PM EST. If I have one with a 1 hour criteria I can either check every hour (regular trading hours) or just set a price alarm on Webull. Very low stress and low time consumption.
- It has a clear set of “rules”. This strategy is easy to follow due to it’s strict set of rules that it has. There isn’t much that is left up for interpretation for those who take Jay’s coaching.
- I can let the trades come to me. It’s nice not having to chase trades or worry about all the different top runners or news catalysts. I can just set up my charts with price alerts, keep tabs of my watchlist notes, and let the trades come to me.
- I don’t have to stress about stopping out. Due to our position size management strategy, even if I do stop out I am only going to be losing $5 (1% of my portfolio). So I just have to worry about my wins outweigh those small losses, and thanks to our Risk:Reward on these plays, they have been.
$SYM Sold 1 Share: I sold 1 share of $SYM today at $40.18 ($35 entry), I still have 1 share left. I wanted to lock in the $5 profits, as this plan is all about the wins outweighing those losses (all of which should be $5 or less). I also wanted to free up some buying power.
$NKE Trade Entry: $NKE went below $71.37 and then today had a 4H candle close at 1:30PM EST back above $71.37, signaling our entry. I got in with 1 share at $72.60. I didn’t have enough buying power to buy my full intended position, but even with only 1 share, with my stop loss at $71.24 (based on Jay’s strategy) and target 1 at $8222, I liked the Risk:Reward.
