timothysykes

Entry comments: News with Walmart https://tim.ly/2PUGtkS solid seeming news so could be an all day runner, goal is to make 10-20%, I'd go bigger but this is already up from the .05s I'm a bit late to the game as I don't like trading midday

Exit comments: Small gain for me but no big breakout over .0777 day highs and now volume is fading, surprising given the news, but then again this is a promoted stock so I'm not going to risk it midday and midrange, potential-rebuy on any big dip or breakout only

6
620

Position Updates

  • Aug 14, 20 11:04 AM: Bought 168000 at 0.072 - News with Walmart https://tim.ly/2PUGtkS solid seeming news so could be an all day runner, goal is to make 10-20%, I'd go bigger but this is already up from the .05s I'm a bit late to the game as I don't like trading midday
  • Aug 14, 20 11:17 AM: Added 145000 at 0.069 - Added a bit more on the dip , I thin this sees the .08s or .09s today given the news
  • Aug 14, 20 11:37 AM: Sold 313000 at 0.0742 - Small gain for me but no big breakout over .0777 day highs and now volume is fading, surprising given the news, but then again this is a promoted stock so I'm not going to risk it midday and midrange, potential-rebuy on any big dip or breakout only
DatePrice
Entry8/14/20200.0706
Exit8/14/20200.0742
  • Total Views1,027
  • Position Size313,000
  • Percentage5.1%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Windwalzer
WindwalzerAug 14, 20 2:13 PM

I like the way you added on the lower dip. It' opposite of the short biased adding on the bounces. Thank you.

FalquezMoises
FalquezMoisesAug 15, 20 8:02 PM

@Windwalzer It is very similar to STHC trade on August 13. He had to buy that second dip to dig himself out, he can do that because he has a bigger account and can add much more lower and have a profit, but for us, it is better to play it safely and cut losses quickly. If that second dip does not bounce would be a bigger loss, that is the risk you take.

FalquezMoises
FalquezMoisesAug 15, 20 8:04 PM

I am not the best one and I do not have a lot of experience, but that is something I have learned.

Windwalzer
1
WindwalzerAug 15, 20 8:08 PM

@FalquezMoises Thank you it's great to have a support unit to help learn and understand. I have seen him do that in some webinars and the educational DVDs.

Join now or log in to leave a comment