ASTS was an example of a trade that I was chasing rather than letting it come to me. It started with not having enough conviction on my it due to its fundamentals although the setup was good early on. ASTS provided for a few good setups albeit with a large daily range/stop which wasn't conducive for risk taking. Refer to the red shaded cicle in the diagram below. Even if I planned to buy it, I should chosen the point where the stock broke out of the cup over its previous high

As I mentioned in my previous article ,  this is my first month of joining the USIC for the 3rd time in a row. While I use consolidation of 2 of my personal accounts for reporting purposes, I perform analysis on all my trading accounts. This gives a better representation of where I am at with my trading journey. These accounts include my SMSF account, 401K account in US and smaller accounts created for the sake of my children. Over the course of the month, I closed 116 trades

This is my third year at the United States Investing Championship. I have finally taken the plunge to documents my journey and thoughts along the way. Quiet often journeys are about the stories of success; my journey is of the struggle to find the success which has been elusive till now. The hunger remains to be the best as I love the world of stocks.