MattymeboyDec 07, 22 7:43 PM
What was the volume when you bought
$50 Profit
WPURLong Stock
I got in this trade because it was OTC #1 Biggest % Gainer with Volume on PR yesterday (8/15). Dip bought 8/16 9:03 $0.0063 9k 28% off 8:32 $0.0088 HOD. Price kept falling so added 9:46 $0.0053 9k, 8/18 11:16 $0.004 18k, & 12/1 11:47 $0.0031 36k for 72k shares total at $0.004 avg. Price was illiquid but hit my pre-set Limit Sell hard 12/7 11:24 $0.0048 36k. I tried to get the other 36k shares out at $0.0048 but volume died so I put on at $0.0046 and Fidelity got me out in parts 12:53-14:52.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 8/16/2022 | 0.004 |
| Exit | 12/7/2022 | 0.0047 |
- Total Views161
- Position Size72,000
- Percentage17.5%
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TroyManDec 08, 22 8:49 AM
I can't remember because my trading doesn't focus on volume as much. Of course volume is important but my focus is on % dips off spikers and especially former runners. I always do check the volume before I enter a day trade but this trade was dictated by what it had done the previous day so I put in a Limit Buy 20-30% off previous day HOD at the nearest support level and if it hits, then I'm in automatically. I've already determined that's a comfortable entry for me whatever happens.
