Webull Paper Trade Stats

Continued same ticker and day. keep getting squeezed out, should of waited for the ticker to do its run then short when volume fades and showing weakness later on.

Continuation of same ticker and day, keep getting squeezed out. was adding to a loser. Also my Webull was not closing my position and was losing more money than intended.

My stop loss was too tight got shaken out with no patience.

Float: 8 M

MC: 48 M

IO: 22%

Continued 2nd trade rentry from same ticker and day. After getting shakin out, I waited a little and we got a pop. I sized in but got shaken out again, as it reclaimed VWAP momentarily and started to consolidate but then flushed again. Again I was not patient and was to nervous, just because the stock reclaims VWAP temporarily (and/or consolidates) doesn't mean it is going to squeeze. Have to be more patient.

Saw quite a few failed spikes. Already broke down most of its premarket high, was consolidating around one of the highes resistance. There wasn't as many bag holders trapped at the resistance where I was shorting at, as the stock arleady ran through most of the daily resistance. Was looking quite weak 30 min before open then a few minute before we got a pop. Then I quickly jumped on it thinking based on the price action this is the best pop we are going to get. As later known this wasn't the ideal entry. the Stock pulled back at open before making some choppy action with consoloditation. This is where I gotten shaken out when the stock popped again and hit m stop loss My biggest mistake was my stop loss was too tight and should of been more patient. and I got too nervous and shaken out. As the stock finally did what I was looking for. but the way this stock was moving required alot of patience. 

Float: 40 M

MTC: 100 M

IO: 4%

LMFA was a heavy bag holder chart with failed spikes since 2018. It failed at the resistanct of 3.18's area where there was alot of failed spikes. Was initialy nervous to short into due to the 15 million volume trade PM. I didn't size in PM because due to the volume it trade I expected a pop into the open which can give a better entry. Took a short position was stock was flushing into key level and covered a lttle bit lower than drawn out support.

My mistake: The biggest mistake I made since 3rd day of starting to journal my trades. I was expecting a open at the pop and we did get the perfect pop. But I got nervous and froze thinking it can squeeze more but it failed fairly quickly and I missed the ideal entry into the pop. I was also still waiting too long to enter and only entered at the end of the flush close to key level. I missed close to 11% not sizing into the pop. But still ended a decent green on the trade.

Float: 14 M

MTC: 28 M

IO: 22%

At $13.74 area, had 6 million resistance and another failed spike at $12.50's area with 150K resistance. This stock's average volume is generaly very low compared to other stocks in this setup.It has a 3 month avg volume of 40K. Stock ran up to 20's then gapped down and consolidated around 13.50's 14.59 area where the 6 million resistance was. When I noticed it struggling here and the volume decreasing in the next couple of minutes I took a short position at 13.79 with 35 shares (with stop loss at $14.20). I put a imangined borrow fees of $0.10 a share.

Mistake: No clear mistake (if held into open could had more gains, but didn't want to risk a squeeze seeing how the market condition is now).

Float: 3 M

Market Cap: 74 M

IO: 0.7%

Used daily bag holder short pattern. Saw a few failed spikes and 15 M and 1.5 M resistance at $8.87. Was lower volume pre-market and was showing quite a bit of weakness once it reached that $8.87 area. So I took a short position of 58 shares at $8.21 (with stop loss of $8.46). and cover at close to planned cover area at $7.33. I also put a imagined amount of borrow fees at $0.07 a share.

*My mistake: Didn't get ideal entry, close to resistance at 8.60's, was falling too quick and couldn't enter price fast enough. Should of waited for the next bounce at 8.30's 8.35's.

Float: 22 M

Market Cap: 200 M

IO: 5.09%