KTM4NICKJan 13, 18 3:45 PM
nice trade, did you buy late in the afternoon risking where it consolidated down to .22?
$1,520 Profit
UAMALong Stock
OTC Multi day breakout on some patent news. Followed up by a crypto PR at market close. Nice gap up and morning spike.
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| Date | Price | |
|---|---|---|
| Entry | 1/11/2018 | 0.256 |
| Exit | 1/12/2018 | 0.3079 |
- Total Views629
- Position Size30,000
- Percentage20.27%
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jestrade81Jan 13, 18 5:11 PM
Nice trade. Did you find this stock on a scanner? How did you find it? Thanks
papajohnJan 13, 18 5:17 PM
@jestrade81 Someone in the Challenge chatroom mentioned this one was breaking out.
jestrade81Jan 13, 18 9:23 PM
Ok, Thanks
GekoJan 31, 18 4:09 PM
I am looking at this and see that it actually went down to 0.2214 i.e. more than 15% your entry price. So you don't keep your risk level close to your entry level ?
papajohnJan 31, 18 4:52 PM
@Geko my risk on this trade was .225 and it only briefly dipped below that level for less than a minute. But yes, I can be pretty generous with my risk depending on the overall setup. I am profitable on this specific setup 80% of the time so even 1/1 risk/reward is still profitable overall. Although I always aim for at least 2 to 1 reward to risk.
