TIM dont you afraid to enter with 7k? (as you try to) with that size even if you cat lost at the support level it almost 10 c loss= 700$ = 7% of your$ small 10000 acuont

Entry comments: Dip bought this winner I called in my watch list last night, they had a solid fluff PR this morning, spiked it 20 cents/share in a few minutes, lots of longterm shorts in this, could squeeze again tomorrow, I tried getting 7k long, only got a partial fill into pure panic selling just now, goal is to make 10-20% overnight on this, but understand it's a junk company as I said in the watch list, this is a short squeeze only-type play, keep positions small
Exit comments: Not as much of a gap up/morning spike as I wanted but it's cool since I had such a good entry price yesterday...holding overnight means I didn't waste a precious day trade either so good trade all around, account keeps growing, still have day trades to use for today, onto the next, this is what it's like to trade like a sniper, very low risk/decent reward if you come prepared, even when trading junk like this stock as I acknowledged multiple times
| Date | Price | |
|---|---|---|
| Entry | 1/25/2016 | 0.94 |
| Exit | 1/26/2016 | 1.00 |
- Total Views1,352
- Position Size1,900
- Percentage6.38%
@Mickyatt hence why I waited for absolute panic to buy first
Paper traded NXTD today chased the spike bought too high sold in the dip! Still learning.
Hey Tim, what other stock you recommend for tomorrow?.....
Short & sweet great timely advice... no indecision!!