Hello everyone,

 

watchlist is not recommnendation to buy, sell or short-sell any stock but it is just my personal opinion of certain stock for that day so please do your own due diligence.

 

STOCKS I AM WATCHING:

• WTW - I bought this stock PERFECTLY on a dip @ $22.65 on friday late-day because i was expecting late day squeeze since this is an earnings winner and it was friday and the short float is really huge. Beside that stock was making higher lows intraday. I said to myself that i am going to hold my position as long as it will stay above $22.40 but since i have such patience problems (i really need to work on this) i have sold @ $22.82 because stock didnt squeeze after 30 minutes i was already in it and i got scared that it will just started dropping. 3 minutes after i have sold my position stock started spiking and it has reached my maximum profit target around $23.50 which was HOD so i practically left all the profit on the table. I making that kind of mistakes to many times and i really need to work on my patience. On top of that Tim has bought this stock after-hours @ $23.00 because of new billionaire investment which tells me that my dip buy was PICTURE PERFECT. I also wanted to rebought it but i have got the message regarding possible PDT pattern so i have refused to buy it because you never know what can happen after-hours and even though the news was great i just didn`t wan`t to risk it. Yes i am trading overly-safe and many times i am angry because of that because i really am leaving a lot of profits on the table but i must also admit that many times i was saved from disaster. I am now trading activelly for about 2 years and i never had any big loss and this keeps me in the game. Anyways WTW i am still watching for potential buy because this thing can obviously squeeze higher, higher that we think. I am just not going to chase it, i am just interested to buy it on a dip. Same thing as i have done on friday. 

 

• ERII - Is another earnings winner which i am looking to buy it on a dip. Ideally it would came down to the low $8.00 or even lower. I have a feeling that we might get a morning panic first thing in the morning and i am interested to buy it into this panic for a rebound. 

 

• BNSO - Another earnings winner which i was looking for a dip-buy opportunity on friday and i almost pull the triger but i have refused because there was just not enough volume for my taste. Stock has closed green on the day and i am going to watch it tomorrow for a possible morning runner. What it needs is volume because this is a very low-float and have very small market-cap which means that spike-ability is huge. This can be a quick trade and i am going to be selling into strenght because there is high chance that morning spike will fail just it has few days back. 

 

• BLDR - I was having this stock on my swing watchlist for a while for potential dip-buy opportunity but i didn`t want to enter into a position before the earnings release because i am not going to gamble and guess earnings. Stock was an earnings winner and it had a big green day on friday. I am now interested to buy it on a dip but this time for day-trade. It is already over-extended for good swing-trade. 

 

• BCEI, TRUE - More earnings winners which i am looking for potential dip-buys. Only dip-buys for me because i have seen that i am good at this and i can see when stock is going to bottom out. I have found out i am much weaker in buying breakouts because it has happened to many times that i was cought in a fake-out breakout. 

 

• FORD - I don`t know what this stock wants to do but i know that this stock was hot not so long ago and it is a former runners and former runners can run again and again. The volume in the last 2 days was higher than average and stock started to uptrend so i am going to watch it closelly for a potential buy in case stock is going to have enough volume and ideally we might get some fresh positive PR tomorrow since new PR are usually announced on mondays. 

 

This would be it for tomorrow. I am also watching other plays but this would be my main watch. It is an earnings season infront of us so we must be prepared!

 

*** THE MARKET: The market really is over-extended in the last few days and weeks and it has entered into over-sold areas but somehow it is still haning in this over-sold areas. I really am seeing a market correction in the next few days and this will bring some stocks down for us to get a better entry price (dip buying opportunities) so i would be really careful with chasing this earnings winners.... Market as it is right now i think that the best strategy is to buy on a dip because it is much better risk to potential reward. 

 

*** MY ISSUE WITH IMPORTING TRADES: I am still unable to import my trades. Like i have discussed in a blog-post a few days back http://bit.ly/1HnH5rz   A month ago i have devided my main account into two more accounts which means that i have now 3 active accounts at IB. Two of them i am using for day-trading approcah and the third one i am using for swing-trading approach because i have started to learn swing-trading a month ago. Now when i wan`t to import my trades into profit.ly, profit.ly only recognize trades from my first account which i am now using for swing-trading..... I know i have made about 20 trades in the last month but i can only import 6 of them which is not good and i don`t want to import only 6 trades and beside that all of the 6 trades were made for swing-trading approach which i still need to refine.... I am asking again - if anyone had the same issue as i am having it now i would really appriciate your help how to resolve this so profit.ly will recognize all of my accounts. 

 

*** Here is also my WTW trade which i have fu*** up :)

(Blue trinagle is where i have entered and red triangle is where i have exited for $6.00 usd profit... pathetic)

Everyone have a great sunday and i wish you a great start of new trading week!

 

Matic