student_52343Nov 01, 24 3:55 PM
I’m with you!
-$150 Loss
CDXCLong Stock
Entry comments: I'm buying this former Supernova/earnings winner (read https://tim.ly/48vFYVW ) as it spiked big this morning and has not only held its gains, but also managed to break above intraday resistance in the 5.50 area...goal is to sell in the 6s later today or ideally next week, far safer of a play than scary MAXN so I'm comfortable holding this here
Exit comments: I was trying to give it time since it was such a good uptrender on Friday and I usually exit too soon, but its just making new lows so I have to cut my losses....coulda woulda shoulda sold it all at 6 late Friday, good lesson to not be so aggressive right now, sell into strength!
Newsletters:Weekend Trader
Position Updates
- Nov 01, 24 3:35 PM: Bought 2500 at 5.60 - I'm buying this former Supernova/earnings winner (read https://tim.ly/48vFYVW ) as it spiked big this morning and has not only held its gains, but also managed to break above intraday resistance in the 5.50 area...goal is to sell in the 6s later today or ideally next week, far safer of a play than scary MAXN so I'm comfortable holding this here
- Nov 01, 24 4:08 PM: Added 2500 at 5.70 - I added some more into some low volume afterhours weakness as it got all the way up to 6 right aorund the close so I think this might have more legs and upside than I initially realized, bigger position now as a result, would love to see the 6s again
- Nov 01, 24 5:02 PM: Sold 2000 at 5.86 - We're now seeing a nice bounce afterhours but I'm just exhausted from trading this week so I gotta minimize my position a little here and take some profits off the table...I'll have a detailed video recap on this setup over the weekend, have a great weekend, congrats to all longs here!
- Nov 04, 24 9:40 AM: Sold 3000 at 5.46 - I was trying to give it time since it was such a good uptrender on Friday and I usually exit too soon, but its just making new lows so I have to cut my losses....coulda woulda shoulda sold it all at 6 late Friday, good lesson to not be so aggressive right now, sell into strength!
| Date | Price | |
|---|---|---|
| Entry | 11/1/2024 | 5.65 |
| Exit | 11/4/2024 | 5.62 |
- Total Views433
- Position Size5,000
- Percentage-0.53%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
rogersbuiltNov 01, 24 4:09 PM
rogersbuiltNov 01, 24 4:11 PM
Bummer! But at least we know the problem is not just with one of us. How are you doing with the program as a student? I am pretty new myself, within the most recent few months, and would love to connect with other new students to help learn and practice with.
trader_73829Nov 01, 24 4:16 PM
In at 5.68. Let’s GO!!
DarnelNov 01, 24 5:03 PM
Thanks have a wonderful weekend
rogersbuiltNov 01, 24 5:03 PM
@student_52343 did you see my other comment?
tsu1Nov 01, 24 5:19 PM
Thanks for the info. Have a great weekend.
Dfong8484Nov 01, 24 5:53 PM
F$@! all the market makers here 2 hedge against these trades! Trying 2 keep the avg. guy from learning the stock market & profiting.
Dfong8484Nov 01, 24 5:55 PM
Let’s c if that gets there attention! Maybe it’s short time instead of going long let keep an eye out for increased volatility more than the norm.
student_52343Nov 01, 24 11:25 PM
@rogersbuilt hey, just catching up for the day and saw your msg. I’m fairly new with this program as well, and am off to a slow start. I went in too big, bug have since reduced the $$ of my trades, lessening the shock of a loss.
cpjohnson2002Nov 04, 24 10:38 AM
i have lost money every weekend since starting the weekend trader. i did exactly as tim and if he had waited about 30 more minutes would have made a little.
