Day 8: Daily P/L - $98.90, overall + $129.47. 4/5 Sleeper holds were profitable and i was up over 20 dollars in the morning after closing those out. My big loss was from trying to go long DEFT after the win from yesterday based on it closing above the 9 day moving average, but i did not think enough about it being a penny stock and i think it went through a pump and dump scenario. I had to agree on Fidelity that trading penny stocks was risky and did not properly heed the warning in this case. Exited at the ATR of 30 cents which was a heavy 10% loss, thankfully i did use a light position which minimized the risk and loss in this instance. Since the sleeper holds consistently play out, or have minimal losses when they fail, i am going to focus more on scaling those up for now.

Just wanted to say that this is fascinating to read and I hope this works out 🙂

Thank you, i am trying very seriously while i am focused on this to make it work and hope to be successful, but at least if i am not it can serve as a red flag to others how difficult it may be. As long as i have some consistent success to focus on i plan on doing everything i can to get better day to day.

Have you ever considered putting $50 into an account, and working with an AI to see if it’s trading strategy is profitable?

I have seen some people J Bravo being one of them saying his AI traidng program is 100% successful and i a very skeptical of that until i could see it for myself as its invite only right now. He did give the criteria he uses which he sets up auto trading in his AI course, but i have not seen anything yet i would want to get into to test. If you see anything you think is solid let me know and i will be glad to check it out. Can use paper trading if something well documented is out there to test it.