Tim, I thought you said this was a dip buy only on a big crash with huge volume from your watch list last night. Besides, its first red day was 2 days ago, shouldn't you be positioning yourself to play this from the short side because of the momentum shift?

Entry comments: I'm re-buying this recent runner on a big dip as it looks to have soaked up all the sellers and is flirting with red to green action into the market close if it breaks the resistance in the 8.70s, I'd love to sell in the low 9s tomorrow
Exit comments: Got a little bounce off the day lows, but it can't go green on the day so I'm out roughly breakeven on this one, aim small, miss small on these speculative plays, my dip buy at least saved me
Position Updates
- Mar 29, 17 3:56 PM: Bought 3000 at 8.60 - I'm re-buying this recent runner on a big dip as it looks to have soaked up all the sellers and is flirting with red to green action into the market close if it breaks the resistance in the 8.70s, I'd love to sell in the low 9s tomorrow
- Mar 30, 17 9:33 AM: Added 1800 at 8.30 - I added to this overnight position on a morning dip, aiming for delayed morning spike like yesterday
- Mar 30, 17 9:42 AM: Sold 4800 at 8.51 - Got a little bounce off the day lows, but it can't go green on the day so I'm out roughly breakeven on this one, aim small, miss small on these speculative plays, my dip buy at least saved me
| Date | Price | |
|---|---|---|
| Entry | 3/29/2017 | 8.4875 |
| Exit | 3/30/2017 | 8.51 |
- Total Views1,333
- Position Size4,800
- Percentage0.27%
Would you mind discussing this in the video lesson today. I've been trading less lately and I've been focusing on learning more. Thanks for all that yo do, you're changing people's lives for the better!
@fobagget ask questions during my http://tim.ly/sykesmc webinars, otherwise I'm wayyyyyy overloaded