Had news. Spiked right out the gate from .0018 to .0021. Came back down to .0018 by .0019 with a strong 24M bid vs 2M ask. Bought 350K shares at ASK as it was about to be taken out but then it held and after about 10mins, the large bid was taken out. Time of day was not ideal. Should always wait until after 9:50/10am as I noticed the stock/price action offers a better picture then. Glad I sold before theBid got taken out as it dropped to .0016 and hasn't moved since.
Entry: BRGO 11/8/2021, this sub penny OTC stock had a breaking news alert that it had gross sales growth in excess of 1483% from last year. I bought at market open and sold a few min later. It had a small spike but it faded the rest of the day. Good to cut losses quickly. I should not have entered this trade.
Failed swing trade. Cut losses.
GUESSING GAMES
Dip buy on a news play expecting a bounce back to day highs, failed to bounce so cut losses
8/26/2021 trades. Frustration. Getting my mindset to "Less is more."
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
