timothysykes

Entry comments: This low priced junker seems to have the momentum today as similar plays DCTH, ANY, MARA have seemed to lose their momo so this is the current play and it's close to a one-week breakout...it just dipped into the .32s where it has a lot of intraday support and I was trying to build a position there, but it's uptrending now so I'll sit on my position for now and look for a high of day break, goal is to make 10-20%, stay conservative, not every stock will be a home run, but this is the niche now

Exit comments: Beautiful followup spike, actually got all the way up to the .38s, but I was in the shower so I'm happy to sell here since it hit my goals and like I say again and again, it's better to go for singles on these speculative plays, especially as the overall market is tanking, I'd be extra-careful on all longs right now...potential re-buy for me before the market close, but right now I like locking in profits here

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Position Updates

  • Jun 27, 17 1:15 PM: Bought 65000 at 0.335 - This low priced junker seems to have the momentum today as similar plays DCTH, ANY, MARA have seemed to lose their momo so this is the current play and it's close to a one-week breakout...it just dipped into the .32s where it has a lot of intraday support and I was trying to build a position there, but it's uptrending now so I'll sit on my position for now and look for a high of day break, goal is to make 10-20%, stay conservative, not every stock will be a home run, but this is the niche now
  • Jun 27, 17 1:35 PM: Sold 35000 at 0.36 - Nice breakout, but I'm reducing my position size as I warned in chat it's good to aim for singles on these low priced junkers, especially midday like it is now...normally I don't even trade at this time, but it kept uptrending and getting close to day highs so I didn't want to miss...and I didn't...I kinda hope it drops back to the low .30s before the market close so I can take bigger position. Sell into strength, potential dip buys for me on this, just as I said in watchlist on these plays
  • Jun 27, 17 2:26 PM: Sold 30000 at 0.375 - Beautiful followup spike, actually got all the way up to the .38s, but I was in the shower so I'm happy to sell here since it hit my goals and like I say again and again, it's better to go for singles on these speculative plays, especially as the overall market is tanking, I'd be extra-careful on all longs right now...potential re-buy for me before the market close, but right now I like locking in profits here
DatePrice
Entry6/27/20170.335
Exit6/27/20170.3669
  • Total Views2,259
  • Position Size65,000
  • Percentage9.52%
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forexj
forexjJun 27, 17 1:16 PM

Following it

StefanoUP
StefanoUPJun 27, 17 1:18 PM

Got my alert through TOS a second before you sent this comment, I guess I'm on the right track 😉

Abiola
AbiolaJun 27, 17 2:51 PM

Good for you Tim i got in late.

npw109
npw109Jun 27, 17 4:21 PM

thanks Tim I was able to get in during breakout of .35 and exit at .38. nice 9% profit.

DavidVRey
DavidVReyJun 27, 17 7:43 PM

is this worth trading tommorow morning?

ambitious_
ambitious_Jun 27, 17 10:47 PM

2,000 DXTR in on Friday at 0.26, out early morning today at 0.31...Wish I would have held a bit longer, again sold to soon but better safe than sorry

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