igorlebedOct 04, 16 10:42 AM
I'm new and looking into penny stocks and I wanna get basic information why people do what they do and understand the charts like level 2 and more. And I don't understand why you want the price to go down? #TimothySykes
$117 Profit
BLDPLong Stock
Entry comments: I dip bought this big winner from yesterday due to solid wall of buyers at 2.40, goal is to sell in the 2.50s or 2.60s although I'd love for it to come down more so I can add to my position in the 2.30s and get a lower average price
Exit comments: Sold roughly breakeven not because of anything the stock did, but because the overall markets are downtrending near multi-week lows and if those get taken out, we could see big drop...I'll be playing ALL longs extra-safe, especially overnight. I might be playing this overly-safe, but I can always get back in as BLDP doesn't look to be going anywhere fast right now so safety first heading overnight for me.
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Position Updates
- Oct 04, 16 9:51 AM: Bought 5000 at 2.41 - I dip bought this big winner from yesterday due to solid wall of buyers at 2.40, goal is to sell in the 2.50s or 2.60s although I'd love for it to come down more so I can add to my position in the 2.30s and get a lower average price
- Oct 04, 16 11:07 AM: Added 5000 at 2.35 - I got a nice crack to add to my long position, I know it's weird to add to a stock hitting new day lows, but that was part of my initial plan and I'm glad it happened, by the time I'm even writing this alert, its already bounced to 2.38 so I'm back to breakeven with my new lower cost average and my goal is still to sell in the 2.50s although even the high 2.40s is now a solid profit for me
- Oct 04, 16 12:45 PM: Added 4400 at 2.39 - Its finally basic well and I tried adding 5k more to my position, but only got 4.4k filled...such a slow mover so I'm adjusting my expectations to the mid to high 2.40s, nothing huge AT ALL, but solid risk/reward given the drop/now basing and it still might pop to the 2.50s
- Oct 04, 16 2:52 PM: Sold 14400 at 2.385 - Sold roughly breakeven not because of anything the stock did, but because the overall markets are downtrending near multi-week lows and if those get taken out, we could see big drop...I'll be playing ALL longs extra-safe, especially overnight. I might be playing this overly-safe, but I can always get back in as BLDP doesn't look to be going anywhere fast right now so safety first heading overnight for me.
| Date | Price | |
|---|---|---|
| Entry | 10/4/2016 | 2.38 |
| Exit | 10/4/2016 | 2.389 |
- Total Views1,696
- Position Size14,400
- Percentage0.38%
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EZONEsMONEYOct 04, 16 11:25 AM
I was in your same shoes the a few weeks ago,don't feel bad. Just take a look at Tim's learning tools. I learned a lot from his checklist teaching.
Reed32Oct 04, 16 1:04 PM
@igorlebed I've been studying for the past seven months I am in college and I study this more than my classes just watch the videos take a bunch of notes and follow the rules
DelinquentMillionaireOct 04, 16 1:16 PM
I CAN'T BELIEVE you bought more..I'm watching it and thought when it fell around 2.35 that you were gonna cut losses...Wow!I have to synchronise my thinking with yours.😆
jeremykilbyOct 04, 16 4:04 PM
I bought 2k shares at 2.45 and then another 100 at 2.36. Got your alert when the stock was tanking earlier but it would have been a larger loss at 2.33. Price action popped back up to 2.38. I set a stop limit on the total 2100 shares just in case I couldn't sell in time (due to work constraints). I've been able to move my limits up as the price action is popping. I wanted to cut losses at the 2.33 but just couldn't. Based on the technical breakout/nyh yesterday..
