-$60 Loss
MGENLong Stock
marvster2020

Entry comments: From STT Oracle and Highest % Gainer. Was a work day so unable to buy initial dip. Decided to try a dip buy on hourly chart. The low of the day was something like 1.22, my entry was 1.27 during lunch. Like yesterday, was hoping for a volume retracement in the afternoon, but it didn't happen. I might be a "bag holder", but if there are any shorts riding the fade, I might get a small amount of good luck and get a bump as they cover their positions.

Exit comments: As I suspected, I had bought too late. I was "bag holder". Lesson Learned: just need to buy the dip on the day of good news; this trade I bought the dip on the day after (Friday) thinking it would bounce and it didn't. Closed for small loss.

000

DatePrice
Entry7/24/20201.27
Exit7/27/20201.21
  • Total Views128
  • Position Size1,000
  • Percentage-4.72%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment